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Balgopal Commercial informs about outcome of board meeting

20 Jan 2025 Evaluate
Balgopal Commercial has informed that the Board of the Directors of the Company at their meeting held today, Monday, 20th January, 2025 has considered and approved the following: Allotment of 25,00,000 (Twenty Five Lakhs Only) Equity Shares of Face Value of Rs. 10 (Rupees Ten Only) each at a premium of Rs. 50 (Rupees Fifty Only) each aggregating to Rs. 15,00,00,000/- (Rupees Fifteen Crores Only) to Promoter/ Promoters group on Preferential Allotment basis through the Resolution passed in the Extra Ordinary General Meeting of the Company held on 7th January, 2025 pursuant to the provisions of Section 42, 62 and other applicable provisions of The Companies Act, 2013 for which In Principle Approval has been received from BSE Limited vide Letter no. LOD/PREF/HC/FIP/1646/2024-25 dated January 08, 2025. 2. Allotment of 45,00,000 (Forty Five Lacs Only) Convertible Warrants of Face Value of Rs. 10 (Rupees Ten Only) each at a premium of Rs. 50 (Rupees Fifty Only) each aggregating to Rs. 27,00,00,000 (Rupees Twenty Seven Crores Only) to Promoter/ Promoter Group on Preferential Allotment basis through the Resolution passed in the Extra Ordinary General Meeting of the Company held on 7th January, 2025 pursuant to the provisions of Section 42, 62 and other applicable provisions of The Companies Act, 2013 for which In Principle Approval has been received from BSE Limited vide Letter no. LOD/PREF/HC/FIP/1646/2024-25 dated January 08, 2025.

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

Balgopal Commercial Share Price

160.00 -0.40 (-0.25%)
15-Apr-2026 16:59 View Price Chart
Peers
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