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Outocme of board meeting of Blue Coast Hotels

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Capital Market
Last Updated : Apr 07 2014 | 11:57 PM IST

Held on 07 April 2014

Blue Coast Hotels has announced that in view of the pending Confirmation from the lending financial institution (IFCI) and consequent pending approvals of the Stock Exchanges, the Board of Directors in their meeting held on 07 April 2014 have decided to apply to the Securities And Exchange Board of India (SEBI) for extension of time period for converting 1% Cumulative Redeemable Preference Shares (CRPS) in accordance with the SEBI Exemption Order dated 25 February 2014.

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First Published: Apr 07 2014 | 6:44 PM IST

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