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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.

Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split

Data sourced from BSE India corporate announcements. More categories will be added over time.

Blue Coast Hotels Ltd

Blue Coast Hotels: Allotment of 24,87,100 Equity Shares from CCPS Conversion

FUNDRAISE ● No Immediate Change LOW RISK

📅 Filed on BSE: 13 May 2026, 02:27 PM IST · BSE ID: 0abb3d13-2b3e-49f2-aa70-fe08ca5dc3b0

View Original BSE Filing (PDF)

💡

In Simple Terms

The company issued new shares to its promoters by converting their special preference shares, increasing the total shares outstanding.

🤖 AI Summary

Blue Coast Hotels allotted 24,87,100 new equity shares on May 13, 2026.
Shares resulted from conversion of 2,48,710 0.01% Compulsorily Convertible Preference Shares (CCPS).
Conversion price was Rs. 10/- per equity share, issued through private placement.
All 11 allottees were classified as Promoter & Promoter Group entities.
Paid-up equity share capital increased to Rs. 19,67,95,570 after the allotment.

🔢 Key Numbers - exact figures from BSE filing, not rounded

Equity Shares Allotted

24,87,100

CCPS Converted

2,48,710

Equity Share Face Value

Rs. 10/-

CCPS Face Value

Rs. 100/-

New Paid-up Equity Share Capital

Rs. 19,67,95,570

Total Equity Shares Post-allotment

1,96,79,557

🏢 How This Affects the Company

💰

Financial Impact

The paid-up equity share capital increased to Rs. 19,67,95,570, reflecting the conversion of preference shares into equity. This transaction does not involve new cash inflow as it is a conversion of existing instruments.

⚠️

Risk Impact

The conversion increases the number of equity shares outstanding, which can affect per-share metrics for existing shareholders.

👥 What This Means For Shareholders

✅

Action Required

No action is required from existing shareholders based on this filing.

👤

Who Is Affected

Existing equity shareholders will experience dilution in their percentage ownership due to the allotment of 24,87,100 new equity shares.

🔍

Management Signal

The conversion of CCPS by promoter group entities indicates a decision to consolidate their ownership stake within the equity structure.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List - track these upcoming events

Upcoming shareholding pattern filing — check impact on promoter stake

Next quarterly financial results — assess per-share metrics

Future capital raise announcements — evaluate new funding needs

LOW RISK The event is a capital restructuring through conversion, not a new external financial obligation.

💡 Investor Takeaway

Blue Coast Hotels has allotted 24,87,100 equity shares of face value Rs. 10/- each, resulting from the conversion of 2,48,710 CCPS by Promoter & Promoter Group entities. This increases the total paid-up equity share capital to Rs. 19,67,95,570, comprising 1,96,79,557 equity shares.

⚖️ Strengths & Concerns

✅ Positives

The conversion of CCPS into equity shares by Promoter & Promoter Group indicates continued commitment from core shareholders.
The transaction increases the company's equity base, converting a preference share liability into permanent equity capital.

⚠️ Concerns

Dilution for existing shareholders due to the allotment of 24,87,100 new equity shares without new cash infusion from these specific shares.
No external investor participation noted in this specific conversion, as all allottees are from the Promoter & Promoter Group.

📅 Company Track Record

No previous filings or specific historical financial data were provided for this company to establish a historical note.

Based on publicly available historical data. For context only.

📑 More from Blue Coast Hotels Ltd

Blue Coast Hotels Q2 FY27 Net Loss (Rs. 58.91 Lakhs); Auditor Flags Going Concern

RESULTS · 04 Nov 2026

Blue Coast Hotels Q2 FY27: Net Loss (Rs. 58.91 Lakhs), Going Concern Uncertainty

RESULTS · 04 Nov 2026

Blue Coast Hotels Ltd: Board Meeting to Consider Q2 FY27 Financial Results

BOARD · 31 Oct 2026

Blue Coast Hotels defaults on Rs. 14.52 Crore RPS payment

FUNDRAISE · 30 Oct 2026

Blue Coast Hotels Allots 24,87,100 Equity Shares from CCPS Conversion

BOARD · 13 May 2026

All BSE filings we have analysed for Blue Coast Hotels Ltd.

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⚠️ For Information Only - Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.