Balrampur Chini Mills Ltd To Hold Board Meeting to Consider Fund Raising Proposals
Balrampur Chini Mills Ltd announced that its Board of Directors will convene a meeting on Thursday, April 23, 2026. The primary agenda items for the meeting include considerations regarding the company's fundraising plans and the subsequent call for a shareholder approval.The Board Meeting aims to consider and approve the proposal for raising funds. This fundraising involves the issuance of securities to one or more persons on a preferential basis, which is subject to the eventual approval of the Company's Members. Following this, the meeting will also address the convening of an Extraordinary General Meeting to seek necessary shareholder approval for the aforementioned fund-raising proposal.
In an operational update, the company announced the status of its trading window. The trading window for dealing in the company's securities has been closed since April 1, 2026. It is scheduled to reopen 48 hours after the declaration of the Audited Financial Results for the Quarter and Year ended March 31, 2026, for Directors, promoters, designated persons, and their immediate relatives.
Balrampur Chini Mills Ltd operates facilities across multiple locations, including Balrampur, Babhnan, Tulsipur, Haidergarh, Akbarpur, Mankapur, Rauzagaon, Kumbhi, Gularia, and Maizapur.
BALRAMCHIN Stock Price Movement
Today, Balrampur Chini Mills Limited shares rallied to close at ₹515.7, having gained 6.27% for the day. The equity finished the session with robust trading activity, posting a total volume of 2.49 million shares.Source:
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