StockWatch
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Non Banking Financial Company (NBFC)
Shareholding14 Oct 2026, 10:27 am

YPL Enterprises Pvt Ltd Increases Stake in Bengal & Assam Company Ltd

AI Summary

YPL Enterprises Pvt Ltd (YEPL) has increased its shareholding in Bengal & Assam Company Limited (Target Company) from 17.14% to 22.57%. This increase of 5.44% is due to a Composite Scheme of Arrangement becoming effective on October 12, 2026. As part of the scheme, the paper trading business and investments of Nav Bharat Vanijya Limited (NBVL) and the holdings of Accurate Finman Services Ltd, Sidhivinayak Trading and Investment Ltd, J.K. Credit & Finance Limited, and Pranav Investment (M.P.) Company Limited have been transferred to and vested with YEPL. The total number of equity shares acquired by YEPL is 6,19,820.

Key Highlights

  • YEPL's shareholding in Bengal & Assam Company Ltd increased by 5.44%.
  • The increase is a result of a Composite Scheme of Arrangement.
  • 6,19,820 equity shares were transferred to YEPL.
  • YEPL's stake rose from 17.14% to 22.57%.