Board approves preferential allotment of about Rs 139 crore to non-promoters
BPLPHARMA · price
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Bharat Parenterals board approved a preferential allotment of 9,12,759 equity shares at Rs 1,522.85 each, raising about Rs 139 crore from non-promoter investors. Allottees include WhiteOak Capital funds, Aurum Rising India Fund, Ashok India Equity Investment Trust PLC, India Acorn Fund, and a few individuals. EGM scheduled October 23, 2026 for shareholder approval.
Equity dilution of about 12 percent; fresh capital for subsidiary investments. Share price may react based on issue price vs market price.