Prabhatam Infra Venture Ltd. Allots 13.9 Million Equity Shares via Preferential Issue and Share Swap
Prabhatam Infra Venture Limited, previously known as B J Duplex Boards Limited, has allotted a significant tranche of equity shares through a preferential basis transaction. The allotment was executed for consideration other than cash, involving a share swap, benefiting the promoter group members who are also acquirers in the company.The acquisition details involve Mayank Gupta, Prabhatam Investment Private Limited, and Kusum Gupta, all identified as Promoter Group members of Prabhatam Infra Venture Limited. These parties received 13,90,60,350 Equity Shares of the company on Tuesday, July 21, 2026, with each share having a face value...