The Hon'ble Supreme Court of India has set aside the order dated 23.03.2016 of Hon'ble High court of Bombay with respect to Park Hyatt Goa, Resorts and Spa, a unit of Blue Coast hotels Limited.
The Company has been directed to hand over the possession within 6 months from today.
Shares of BLUE COAST HOTELS LTD. was last trading in BSE at Rs.126.5 as compared to the previous close of Rs. 127.5. The total number of shares traded during the day was 100 in over 3 trades.
The stock hit an intraday high of Rs. 133.85 and intraday low of 126.5. The net turnover during the day was Rs. 13201.