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Board Meeting29 Oct 2026, 02:35 pm

Black Buck Ltd Board Approves Unaudited Results, ₹40 Cr Guarantee

AI Summary

Black Buck Limited's Board of Directors convened on October 29, 2026, approving the un-audited financial results for the quarter and half-year ended September 30, 2026. The company also approved a corporate guarantee of ₹40,00,00,000 (₹40 Crore) for a term loan facility for its wholly-owned subsidiary, Blackbuck Finserve Private Limited. Additionally, Mr. Abhishek Singh's designation was changed to Chief Business Officer, and stock options equivalent to 34,399 equity shares were granted under the ESOP 2016 scheme. The financial results were accompanied by a Limited Review Report from M/s B S R & Co. LLP.

Key Highlights

  • Unaudited financial results for Q2 FY27 approved.
  • ₹40 Crore corporate guarantee issued to subsidiary.
  • Management change: Abhishek Singh appointed CBO.
  • ESOPs granted for 34,399 equity shares.