Bhagyanagar India Approves Allotment of 15,01,434 Equity Shares

Bhagyanagar India Limited's Executive Committee approved the preferential allotment of 15,01,434 equity shares at an issue price of ₹348 per share. This follows shareholder approval from an EGM on July 23, 2026, and in-principle approvals from BSE and NSE. The allotment includes a premium of ₹346 per share. The meeting took place on August 13, 2026, from 10:30 AM to 11:25 AM. The total funds raised from this allotment amount to ₹52,24,99,032. The investors include QIBs and Non-QIBs, with specific allocations detailed for entities like LC Pharos Multi Strategy Fund, Niveshaay Hedgehogs Fund, Mr. Ashok Atluri, and others.