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Bengal & Assam Company informs about disclosure

19 Jun 2024 Evaluate
Bengal & Assam Company has informed that the Company has received a Communication today, 19th June, 2024, from JK Fenner (India) (JKFIL), one of the Subsidiary of the Company, informing that consequent to the conversion of 11,00,000 - 7% Optionally Convertible Cumulative Redeemable Preference Shares of Rs 100 each (OCCRPS) held by JKFIL, in Dwarkesh Energy (DEL) on 22nd  May, 2024, JKFIL’s shareholding in DEL has been increased from 27.49% to 93.96% and DEL has become a Subsidiary of JKFIL. Copy of the letter dated 19th June, 2024 received from JKFIL is enclosed.

The above information is a part of company’s filings submitted to BSE.

Peers
Company Name CMP
Bajaj Finance 1034.20
Shriram Finance 1028.00
Aditya Birla Capital 398.60
Tata Capital 362.80
Chola Invest & Fin. 1845.00
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