Barak Valley Cements Limited has informed the Exchange regarding the outcome of the Board meeting held on January 05, 2026.
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The Board of Directors of Barak Valley Cements Limited, at its meeting on January 5, 2026, approved an increase in the Authorized Share Capital of the Company from ₹25 crore to ₹60 crore. This means creating 3.5 crore additional equity shares of ₹10 each, taking the total authorized equity shares from 2.5 crore to 6 crore. The decision is subject to approval from shareholders, for which a Postal Ballot notice was also approved by the Board. The Board meeting lasted from 3:00 PM to 4:00 PM. The current issued capital is well below the existing authorized limit, so this expansion creates substantial headroom for future fundraising activity.
This is a preparatory step — not an immediate dilution — but it signals that the company may be planning a fundraising exercise such as a rights issue, preferential allotment, or QIP in the coming months. Shareholders will vote via postal ballot, and any future share issuance within this expanded limit could dilute existing holdings. Watch for follow-up announcements on the actual fundraise plan.