Default of Rs 10.37 crore on promoter redeemable preference shares

Loan NpaDebt RestructuredCredit & Debt View source PDF Explain this filing

BLUECOAST · price

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Price reactionminutes from the announcement price · days from the prior close

-2.7%Reaction day

₹49.50

prior close

₹49.00

announcement price

In-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-0.3%-2.4% vs market

On the reaction day the stock moved 2.4 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

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10m

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15m

-3.0

30m

-2.9

Sessions after the filingfrom the prior close

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Reaction day

-2.7-0.3-2.4

Next day

+0.4+0.7-0.3

+0.4-0.0+0.4

+3.0-1.7+4.7

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15d

-15.8-4.0-11.8

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-45.6-12.0-33.5

UpDownMarket · Nifty Microcap 250Pending

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AI summary

Blue Coast Hotels reported a default on 30 October 2025 on unsecured 0.01% redeemable preference shares held by 11 holders. The default totals Rs 10.37 crore: Rs 5.52 crore principal and Rs 4.85 crore unpaid dividend. The 30-year securities are scheduled for annual redemptions from October 2023 to October 2032. Total financial indebtedness was Rs 34.57 crore.

Likely market impact

Missed payments raise credit concerns and may weigh on sentiment. Converting the securities into equity may dilute existing shareholders.