Paper & Paper Products
Fundraising, Acquisitions8 April 2026 at 02:30 pm

BJ Duplex Boards Ltd: Board Approves Capital Increase, Acquisition of Prabhatam Infrastructure, and Fund Raising

AI Summary

BJ Duplex Boards Ltd announced the outcomes of their board meeting on April 08, 2026. The board approved the increase of authorized share capital from ₹ 12,00,00,000/- to ₹ 25,00,00,000/-. The company also approved the acquisition of 87.91% equity shares of Prabhatam Infrastructure Limited for a total purchase consideration of ₹ 14,40,10,350/-. Additionally, the board approved a fundraising by way of preferential issue of up to 6,00,00,000 equity shares for cash, to the public category allottees.

Key Highlights

  • Authorized share capital increased from ₹ 12,00,00,000/- to ₹ 25,00,00,000/-
  • Acquisition of 87.91% equity shares of Prabhatam Infrastructure Limited for ₹ 14,40,10,350/-
  • Fundraising by way of preferential issue of up to 6,00,00,000 equity shares for cash