Delta Corp Limited has informed the Exchange regarding 'Disclosure Regulation 30 '.
DELTACORP · price
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Delta Corp has disclosed an update regarding their new cruise vessel for Goa operations. Following a public interest litigation filed before the Hon'ble High Court of Bombay, the court has passed an order requiring the company to obtain court permission before the new vessel can sail into the River Mandovi, even after all required certificates are obtained. The company is currently in the process of acquiring the necessary certificates for the vessel. This creates an additional regulatory hurdle beyond standard certification requirements.
This court order introduces a new compliance step that could delay or complicate the operationalisation of the new cruise vessel, potentially impacting revenue generation from Goa cruise operations until court permission is secured.