Blue Coast Hotels plans to distribute approximately 24.87 million new shares to its promoters during a board meeting on May 13, 2026. This distribution will result from the conversion of 2.48 million Convertible Compound Preference Shares (CCPS) held by the promoter group.

Blue Coast Hotels faced a significant decline today, dropping by 4.99% to close at ₹29.54 due to a lack of buying interest. The absence of buyers was noticeable on May 4, 2026.