Blue Coast Hotels Limited has scheduled its 33rd Annual General Meeting for Saturday, September 26, 2026. The event will be conducted through video conferencing or other audio-visual means in compliance with Ministry of Corporate Affairs and SEBI guidelines.

The company notified the National Stock Exchange of India Ltd and BSE Limited on September 2, 2026, pursuant to Regulation 36(1)(b) of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. This intimation accompanies the specimen letter sent to shareholders whose email addresses are not registered with the Company, Registrar and Share Transfer Agent, or their respective Depository Participants.

Accessing the Annual Report

Electronic copies of the Notice of the AGM and the Annual Report for the financial year 2025-26 are being sent to members with registered email IDs. For those without registered emails, the documents are available via a web link and QR code provided in the communication.

Shareholders can access the Annual Report 2025-26 at www.bluecoast.in under Investors > Financials > Annual Reports. The report is also hosted on the websites of BSE Limited, NSE India, and NSDL.

E-Voting Details

Resolutions proposed in the AGM notice will be passed exclusively through electronic voting. Remote e-voting commences on Wednesday, September 23, 2026, from 9:00 am and concludes on Friday, September 25, 2026, at 5:00 pm.

KYC and Demat Compliance

Pursuant to SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024, shareholders holding physical shares are reminded to dematerialise their holdings. They must also update their PAN, postal address, mobile number, bank account details, and specimen signature with the Company or RTA.

While registering an email ID and choosing a nomination remains optional, the company strongly recommends these steps. Shareholders should submit KYC documents to RCMC Share Registry Private Limited and contact their Depository Participant to convert physical shares to demat mode.

Blue Coast Hotels has scheduled its 33rd Annual General Meeting (AGM) for Saturday, September 26, 2026. The meeting will be held via video conferencing to approve the financial statements for FY26, which recorded a consolidated net loss of ₹209.31 lakh.

The company reported revenue from operations of ₹203.82 lakh, primarily from advisory and consultancy services after handing over its sole operational asset, Hotel Park Hyatt Goa, in 2018. This marks a shift from the previous year, where no operational revenue was reported.

Financial Performance

The consolidated net loss widened significantly compared to FY25, when the company posted a profit of ₹7,999.60 lakh. The prior year's profit was heavily influenced by an exceptional item: a preference dividend waiver of ₹8,453.55 lakh. In FY26, no such waiver occurred. Instead, the company incurred exceptional settlement charges of ₹53.00 lakh related to regulatory proceedings with SEBI.

Operational and Legal Updates

Blue Coast Hotels continues to face material uncertainty regarding its going concern status due to accumulated losses exceeding net worth. The company is engaged in multiple legal proceedings:

• SEBI Settlement: The company and its Whole-Time Director settled regulatory proceedings by paying ₹78.00 lakh and ₹11.37 lakh respectively, as per a settlement order dated January 14, 2026.
• Auction Proceeds Dispute: A dispute over ₹8,500.00 lakh in retained auction proceeds from the Goa hotel sale remains pending before the Securities Appellate Tribunal (SAT). SAT directed that the amount remain with IFCI until the appeal is disposed of.
• Property Redemption: A writ petition concerning the redemption of the Park Hyatt Goa property is pending adjudication at the High Court of Bombay at Goa.

Capital Structure Changes

During FY26, the company converted 2,55,200 Compulsorily Convertible Preference Shares (CCPS) into equity shares, increasing paid-up equity capital to ₹17,19.25 lakh. Post-year-end, on May 13, 2026, the remaining CCPS were converted, raising total equity capital to ₹19,67.95 lakh. No dividend was recommended for FY26 due to the absence of profit.