Bigbloc Construction Limited has informed the Exchange regarding Subsidiary Updates- 'Pronouncement of order of Merger of Starbigbloc Building Material Limited(Subsidiary Company of the Company) into Bigbloc Building Elements Private Limited(Wholly Owned Subsidiary of the Company)'.
BIGBLOC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Bigbloc Construction's subsidiary Starbigbloc Building Material Limited is merging into another wholly-owned subsidiary, Bigbloc Building Elements Private Limited. The Hon'ble Regional Director (NWR) pronounced the approval order on 28th April 2026, received by the company on 2nd May 2026. The merger is under Sections 230-232 and 233 of the Companies Act, 2013, with the appointed date set as 1st April 2025. Both transferor and transferee companies are already under Bigbloc Construction's umbrella, making this an intra-group consolidation. The scheme was approved by members and creditors as required before the RD sanction.
This internal restructuring simplifies Bigbloc Construction's subsidiary structure by consolidating two subsidiaries into one. Shareholders are unlikely to see direct impact on per-share value as this is a merger between entities already wholly-controlled, but it may reduce administrative costs and streamline operations going forward.