Blue Coast Hotels has announced a default of ₹6.22 Cr on payment related to unlisted debt securities, including a ₹4.85 Cr dividend component.

The company's total financial indebtedness is ₹34.57 Cr.

No defaults have been reported on bank loans or revolving facilities.

This indicates pressure in meeting preference share obligations, raising concerns about the company’s financial stability and potential impact on shareholder confidence.