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Incorporated in 1992, Blue Coast Hotels Limited is in the business of Hospitality.
Blue Coast Hotels secured a stay from SAT on SEBI's recovery proceedings for outstanding amounts. This halts further steps, including an Rs. 85 Cr sum. Management indicates no current impact on financials or operations.
Blue Coast Hotels has reached an in-principle settlement for alleged violations. The company will pay ₹0.78 Cr and its Whole-Time Director ₹0.11 Cr in settlement charges to resolve the issue.