Defaults on Payment of Interest/Principal

Date: 30/10/2026 National Stock Exchange of India Ltd. BSE Limited Exchange Plaza, Bandra Kurla Complex, Phiroze Jeejeebhoy Towers, Bandra (East), Mumbai- 400 051 Dalal Street, Mumbai- 400 001 Symbol: BLUECOAST Scrip Code: 531495 Subject: - Disclosure of defaults on payment of interest / repayment of principal amount on loans from banks / financial institutions and unlisted debt securities. Dear Sir, Pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and Section V-B of SEBI circular no. HO/49/14/14(7)2025-CFD- POD2/I/3762/2026 dated 30th January 2026, please find below statement for default on payment pertaining redemption of 0.01% Redeemable Preference Shares (RPS) issued to promoters (Body Corporate) of the Company: - Disclosure for unlisted debt securities i.e. RPS* (Rs. in Crore) Sr. No. Type of disclosure Details 1. Name of the Listed entity Blue Coast Hotels Limited 2. Date of making the disclosure 30/10/2026 3. Type of instrument with ISIN 0.01% Redeemable Preference Shares (“RPS”) ISIN: INE472B04015 4. Number of holders of the security as on date of 11 default 5. Date of default 30th October, 2026 6. Current default amount (break-up of principal and 14.52 (Principal Rs. 9.67 & interest in INR crore) Dividend Rs. 4.85) 7. Details of the obligation (amount issued, tenure, Amount – Rs. 9.67 coupon, secured/unsecured, redemption date Tenure– 30 years etc.) Coupon – NA Interest (Dividend due): Rs. 4.85 Rate of Dividend – 0.01% Unsecured Redemption Date–30.10.2032 (10% redemption of the RPS every year commencing from the 21st year, i.e., October 30, 2023, till October 30, 2032.) 8. Total amount issued through debt securities (in NA INR crore) 9. Total financial indebtedness of the listed entity 34.57 (excluding the amount including short-term and long-term debt (in INR of dividend) crore) *Note  In term of Section 48 and 55 of the Companies Act, 2013 shareholders of the Company through postal ballot result dated 20.09.2017 passed a resolution wherein they have extended tenure of redemption of 10% 41,50,000 Redeemable Cumulative Preference Shares (NCRPS) by a further period of 15 years subject to redemption of 10% every year from 21st year onwards i.e. with effect from 30th October, 2023 till 30th October, 2032.  Pursuant to approval of Board of Directors, Shareholders and with the consent of Redeemable Preference Shareholders (“RPS”), the following variations in the rights of the existing Redeemable Preference Shares were made:- a) On 28th September, 2024, the coupon rate on all outstanding RPS was reduced from 10% per annum to 0.01% per annum. b) On November 14, 2024, conversion of 6,93,110, 0.01% RPS of Rs. 100 each (out of 20% defaulted of the 41,50,000 RPS, amounting Rs. 8.30 crore) into 0.01% Compulsorily Convertible Preference Shares (CCPS) of Rs. 100 each. Subsequently, at the same Board Meeting, the Board approved the conversion of 1,89,200 CCPS (out of the 6,93,110 CCPS) into 18,92,000 Equity Shares of Rs. 10 each, at a conversion ratio of 1 CCPS of Rs. 100 each for 10 Equity Shares of Rs. 10 each. c) Further, on 16th May, 2025, 2,55,200 CCPS of Rs. 100/- were converted into 25,52,000 equity shares of Rs. 10 each. d) On May 13, 2026, the Company allotted the balance 24,87,100 equity shares of Rs. 10/- each upon conversion of 2,48,710 CCPS of Rs. 100/- each, at the same conversion ratio. Kindly acknowledge the receipt. Thanking you For Blue Coast Hotels Limited. Kapila Kandel Company Secretary & Compliance Officer