BLUECOASTNSEBlue Coast Hotels Limited· HotelsMinimalNeutral
Announced Wed, 25 Mar · 12:24 IST

The Exchange had sought clarification from Blue Coast Hotels Limited for the quarter ended 31-Dec-2025 with respect to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. On basis of above the Company was required to clarify the following: -1. Financial results not signed by authorized signatory/ies. The response of the Company is enclosed.

BLUECOAST · price

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Price reaction · full curve 14 horizons · vs prior close
-7.0%1-day move
₹20.26
prior close
₹20.00
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AI summary

NSE sought a clarification from Blue Coast Hotels regarding its December 2025 quarter (Q3 FY26) financial results, flagging that the results were not signed by an authorized signatory. The company has responded stating that the results were duly signed by a Director who was specifically authorized by a Board Resolution. A certified copy of the resolution dated 13 February 2026 has been enclosed, which authorized Mr. Bhupender Raj Wadhwa (Independent Director) to sign the results, and the CFO and Company Secretary to file them with the stock exchanges. The response was signed and digitally submitted by Kapila Kandel, Company Secretary & Compliance Officer, on 12 March 2026.

Likely market impact

This is a routine procedural compliance matter and not a business event. The exchange had raised a technical query about the signature authorization, and the company has addressed it by providing the relevant board resolution. No material impact on the stock or shareholders is expected from this clarification.