Entities Acquire Shares in Balrampur Chini Mills Limited Through Preferential Allotment
Entities, including Smt. Sumedha Saraogi, have acquired equity shares in Balrampur Chini Mills Limited through a preferential allotment of equity shares. The acquisition involves 3,45,864 equity shares, following the receipt of intimation of allotment on June 03, 2026.The acquisition represents an increase in the stake held by the acquirer. Prior to this transaction, the acquirers held a total of 8,65,45,753 shares, representing 42.85% of the equity share capital. Following the preferential allotment of 3,45,864 shares carrying voting rights, the holding increased to 2,05,41,617 shares, which constitutes 42.86%.
The transaction details and the resulting shareholding are presented in the table below:
| Metric | Before Acquisition | After Acquisition |
|---|---|---|
| Total Equity Share Capital of Balrampur Chini Mills Ltd | 20,19,50,436 Equity Shares of Re. 1/- each | 21,12,67,207 Equity Shares of Re. 1/- each (Total diluted share) |
| Total Holding of Acquirer (Shares carrying voting rights) | 8,65,45,753 (42.85%) | 2,05,41,617 (42.86%) |
| Shares Acquired in this Transaction | N/A | 3,45,864 (0.16% of diluted share capital) |
The acquisition was completed via a preferential allotment and recorded on June 03, 2026.
BALRAMCHIN Stock Price Movement
On Friday, Balrampur Chini Mills Limited shares edged higher to close at ₹531.8, gaining 0.02% in the trading session. The stock saw a solid traded volume of 540,692 shares throughout the day.Disclaimer: Due care and diligence have been taken in compiling and presenting news and market-related content. However, errors or omissions may arise despite such efforts.
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