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Blue Coast Hotels receives SEBI Settlement Order dated Jan 14, 2026
Blue Coast Hotels Limited
January 15, 2026, 10:12 AM
Blue Coast Hotels Limited received a SEBI Settlement Order dated January 14, 2026, settling proceedings initiated by a Show Cause Notice from March 4, 2025. The company paid ₹78 lakh and its Whole-Time Director paid ₹11.375 lakh as settlement amounts. No other material financial implications are expected.
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Blue Coast Hotels Limited has received a Settlement Order dated January 14, 2026, from the Securities and Exchange Board of India (SEBI). This order is in connection with a Show Cause Notice issued on March 4, 2025. The settlement pertains to alleged violations of certain provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with Ind AS 1, 24 and 37, and the SEBI Act, 1992.
The company and its Whole-Time Director had filed settlement applications to resolve the proceedings without admitting or denying the findings. The alleged violations included, but were not limited to, Regulations 4, 17(8), 23, 33, and 48 of the SEBI Listing Regulations. With the Settlement Order, the proceedings initiated by SEBI stand disposed of.
As part of the settlement, the Company paid an amount of ₹78,00,000, and its Whole-Time Director paid ₹11,37,500. The company has stated that, apart from these settlement amounts, there is no material financial implication for the company arising from this Settlement Order.
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