Ras Resorts & Apart Hotels Ltd — Important, 23-07-2026: Company Update
23-07-2026 | 05:01 pm
23-07-2026 | 05:01 pm
Ras Resorts & Apart Hotels Ltd announced its Silvassa hotel operations were disrupted by flooding. Heavy rainfall caused authorities to release dam water, leading to the Daman Ganga river overflowing into the hotel premises. The company confirmed this natural calamity is fully covered under its insurance policy, mitigating potential financial impact. Updates regarding the operational loss will be shared with investors. This event directly affects the hotel's business in the region.
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