About Blue Coast Hotels Limited

Blue Coast Hotels Limited (BCHL) was incorporated in 1992 and is domiciled in India with its registered office at Verna, Goa. The company was historically engaged in the hospitality business, operating the luxury property Park Hyatt Goa Resort & Spa until September 18, 2018. Post the transfer of this property, the company has not carried out operating activities in hospitality during the financial year 2024-25.

BCHL continues to maintain its corporate presence through its listed status on the BSE Limited and the National Stock Exchange of India Limited. The company’s subsidiaries include Golden Joy Hotel Private Limited and Blue Coast Hospitality Limited, both of which reported accumulated losses as of March 31, 2025.

Blue Coast Hotels Limited’s Business Segments

The company has not generated revenue from operations during FY 2024-25, and its reported income of Rs 45.06 lakh came entirely from other income sources. There are no operating business segments in the year under review.

Blue Coast Hotels Limited’s Key Management

The key management team includes:

• Mr. Kushal Suri, Whole Time Director

• Mr. Bhupendra Kumar Bhardwaj, Independent Director

• Mr. Bhupender Raj Wadhwa, Independent Director

• Mr. Manujendu Sarker, Non-Executive & Non-Independent Director

• Mrs. Snehal Kashyap, Independent Director

• Mr. Vijay Jain, Independent Director

• Mr. Rahul Kumar Chauhan, Chief Financial Officer

• Ms. Kapila Kandel, Company Secretary & Compliance Officer

Latest Updates on Blue Coast Hotels Limited

• Financial Performance: Reported total income of Rs 45.06 lakh in FY 2024-25 (previous year Rs 63.28 lakh). The company recorded a net profit of Rs 8,006.38 lakh compared to a net loss of Rs 731.02 lakh in FY 2023-24, primarily due to a waiver of accrued dividend on redeemable preference shares amounting to Rs 8,617.82 lakh.

• Subsidiary Performance: Subsidiaries Golden Joy Hotel Private Limited and Blue Coast Hospitality Limited continued to report negative reserves and surplus.

• Litigation & Disputes: Ongoing legal proceedings related to the Delhi Hotel Project and Goa property redemption petition remain unresolved. A settlement application under SEBI regulations was filed on May 3, 2025, with a proposed settlement amount of Rs 25 lakh.

• Governance: The Board remained duly constituted with a balance of Executive, Non-Executive, and Independent Directors. None of the directors were disqualified as of March 31, 2025.

• Human Resources: As of March 31, 2025, the company employed 6 full-time staff members.