Ras Resorts & Apart Hotels Ltd

Ras Resorts & Apart Hotels Ltd. Promoters Propose Voluntary Delisting 🏨

• Promoters Vishamber Shewakramani and Nalini Shewakramani intend to voluntarily delist Ras Resorts and Apart Hotels Limited from BSE Limited.

• Rationale includes high compliance costs, low trading volumes, limited dividends, and desire for operational flexibility.

• Delisting aims to offer public shareholders an exit at a fair price, certified by a Peer Reviewed Company Secretary.

• Promoters confirm they are not debarred by SEBI, not wilful defaulters, and have financial capability to fund the delisting.