BHAGYANAGAR INDIA LTD.

Bhagyanagar India Ltd has received in-principle approval from both BSE Limited and the National Stock Exchange of India Limited for the preferential issue of 15,01,434 equity shares of Rs 2/- each. The approval is under Regulation 28(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The stock exchanges have granted approval for the issue at a price not less than Rs 348/- to non-promoters. The company has been advised to ensure compliance with all relevant regulations, strengthen internal controls, and obtain undertakings from allottees regarding trading restrictions. The final listing of shares is contingent upon fulfilling all post-approval formalities and regulatory requirements.

Bhagyanagar India Ltd has submitted the voting results for the Corrigendum to its 1st Extra Ordinary General Meeting (EGM) held on July 23, 2026. The e-voting process, conducted from August 1 to August 3, 2026, focused on amendments to items I & II of the Explanatory Statement of the EGM Notice dated June 30, 2026. The resolution to approve the alterations in the Explanatory Statement received overwhelming support, with 19,650,411 votes in favour, representing 99.98% of the valid votes cast. Only one shareholder abstained from voting. The corrigendum was issued to rectify anomalies in the original EGM notice.

Bhagyanagar India Ltd has issued a Corrigendum to its Extra-Ordinary General Meeting (EGM) Notice dated June 30, 2026. The corrigendum specifically alters Point No. I & II of the Explanatory Statement, clarifying the utilization of proceeds from a preferential issue. A total of ₹52,24,99,032 is earmarked for working capital requirements (₹42,24,99,032) and general corporate purposes (₹10,00,00,000) of its wholly-owned subsidiary, Bhagyanagar Copper Private Limited. These funds are intended for utilization within Financial Year 2026-27. Additionally, the company has re-opened remote e-voting for eligible members from August 1, 2026, to August 3, 2026. The original resolution passed on July 23, 2026, remains valid, with the corrigendum seeking approval only for the stated alterations.

Bhagyanagar India Ltd announced the outcome of its Board Meeting held on July 27, 2026. The Board approved and took on record the Un-audited Standalone and Consolidated Financial Results for the quarter ended June 30, 2026. The meeting commenced at 11:00 A.M. and concluded at 12:10 P.M. The company also noted the Limited Review Report from the auditors. Additionally, the Board meeting discussed the pending NCLT scheme of arrangement and a preferential issue of equity shares.

Bhagyanagar India Ltd announced its un-audited financial results for the quarter ended June 30, 2026. The Board of Directors approved and took on record the standalone and consolidated financial results. The company also disclosed details regarding a preferential issue of equity shares, with members approving the issuance of up to 15,01,434 equity shares at an issue price of ₹348 per share. The matter concerning a proposed Composite Scheme of Arrangement is pending before the NCLT.

Bhagyanagar India Ltd has announced that its Board of Directors will convene on July 27, 2026. The primary agenda item for this meeting is to consider and approve the Unaudited Standalone and Consolidated Financial Results for the quarter that concluded on June 30, 2026. The company has also informed that the trading window for its equity shares remains closed for designated persons and their relatives until 48 hours after the declaration of these financial results.

Bhagyanagar India Ltd has issued a corrigendum to its EGM notice dated 30.06.2026. The corrigendum provides additional information regarding the ultimate beneficial owners of securities proposed to be allotted to QIB and Non-QIB allottees. This includes details for LC Phares Multi Strategy Fund VCC and Niveshaay Hedgehogs Fund, naming Tang Kar Wai, Audrey and Mr. Arvind Ashokkumar Kothari respectively. For Non-QIB allottees like Mr. Ajay Pancholi, Mr. Ashok Atluri, Mrs. Gulab Shrimal, and Mr. Apurva Mahesh Shah, the identity is stated as 'Not Applicable'. The corrigendum is to be read as part of the EGM notice and was issued pursuant to a query from NSE.

Bhagyanagar India Ltd has announced an Extra Ordinary General Meeting (EGM) scheduled for July 23, 2026, at 11:00 AM IST. The meeting will be conducted via Video Conferencing (VC) / Other Audio-Visual Means (OAVM). Key activities include remote e-voting from July 20 to July 22, 2026. The primary agenda is to consider and pass a Special Resolution for the preferential issue of up to 15,01,434 Equity Shares at ₹348.00 per share, aggregating up to ₹52,24,99,032.00, to Qualified Institutional Buyers in the Non-Promoter category.

Bhagyanagar India Ltd announced its Board of Directors has approved raising funds through a preferential allotment of equity shares. The company plans to issue up to 1,206,895 shares at ₹348 per share to Qualified Institutional Buyers (QIBs) for ₹41.99 crore and up to 294,539 shares at ₹348 per share to non-QIBs for ₹10.25 crore. The total fundraise amounts to approximately ₹52.25 crore. An Extra-Ordinary General Meeting (EGM) is scheduled for July 23, 2026, to seek shareholder approval for this issuance. Kfin Technologies Limited has been engaged for e-voting facilities.

Bhagyanagar India Ltd has announced that its Board of Directors will convene on June 30, 2026. The primary agenda item for this meeting is to consider and approve a proposal for raising funds. The company is exploring various methods for fund infusion, including the issuance of equity shares, warrants, convertible securities, or other permissible instruments. These could be executed through qualified institutions placement, rights issue, private placement, or preferential allotment, subject to necessary regulatory approvals. Concurrently, the trading window for the company's securities will be closed from immediate effect until 48 hours after the board meeting concludes, in compliance with insider trading regulations.