Beezaasan Explotech Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 02/03/2026 ,inter alia, to consider and approve Allotment of 22,30,641 ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 3.9 pts more than Nifty Microcap 250 and 4.3 pts more than its Chemicals & Petrochemicals peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Beezaasan Explotech has called a Board Meeting on March 2, 2026 to formally allot 22,30,641 fully paid-up equity shares at Rs. 236 per share (face value Rs. 10, premium of Rs. 226) to the promoter and promoter group on a preferential basis. The allotment is being made against shares of Asawara Earthtech Limited held by the proposed allottees, i.e., it is a share-swap transaction for consideration other than cash. Shareholders had already approved the issue at an EGM on December 18, 2025, and BSE has granted in-principle approval on February 18, 2026.
The allotment will increase the promoter group's equity stake without any cash outflow for the company, effectively making Asawara Earthtech Limited a part of the Beezaasan group via a share swap. Existing minority shareholders will see dilution of around the proportion of shares being issued, though the consideration is non-cash so there is no direct capital inflow.