Newspaper Advertisement- Postal Ballot Notice for seeking shareholder''s approval for Voluntary Delisting of Shares of Ras Resorts And Apart Hotels Limited
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Ras Resorts & Apart Hotels Ltd has published a newspaper advertisement in Mumbai Mitra on May 27, 2026, informing shareholders about a Postal Ballot Notice seeking their approval for voluntary delisting of the company's equity shares from BSE. The company (scrip code: 507966) is following the postal ballot route, which allows shareholders to vote remotely without attending a physical meeting. If shareholders approve the delisting, the company's shares will be removed from BSE trading, and remaining shareholders will likely need to tender their shares to the promoters or a designated buyer at a specified price.
If shareholders approve the voluntary delisting, Ras Resorts shares will no longer be tradable on BSE, and minority shareholders may be forced to exit at the delisting offer price. This typically results in loss of liquidity and market access for remaining shareholders who do not tender.