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BCL Industries gets nod to raise Rs 201 crore

13 Jan 2023 Evaluate

BCL Industries has received approval from Board of Directors for issuance of 55,83,334 fully convertible warrants of face value of Rs 10 each on preferential basis at an issue price of Rs 360 per warrant, aggregating to Rs 201 crore.

The company's board has also approved a proposal for constitution of a 'Fund Raising Committee' for taking necessary decisions, resolving the difficulties/obstacles which may arise with respect to BCL's proposed fund raising, and to engage professional intermediaries, experts, technical consultants, advisors, as and when required. BCL Industries is the only company in India and the South Asian region to have a forward and backward integrated distillery ethanol plant.

BCL Industries & Infrastructures is engaged in the business of extracting, manufacturing and marketing clarified butter and oil.

BCL Industries Share Price

33.25 0.59 (1.81%)
22-Apr-2026 10:03 View Price Chart
Peers
Company Name CMP
AWL Agri Business 197.70
Patanjali Foods 472.15
Gokul Agro Resources 219.00
Marico 764.25
BCL Industries 33.25
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