In compliance with Regulation 30 read with Schedule III of the Listing Regulations, we wish to inform you that the Board of Directors ('Board') of BN Holdings Limited ('Company' of 'Transferee ....
BNAGROCHEM · price
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On June 28, 2025, the Board of BN Holdings Limited approved a scheme of amalgamation to merge three companies into itself under Sections 230–232 of the Companies Act, 2013. The three transferor companies are A1 Agri Global Limited (edible oil, turnover ~₹149.4 cr), B.N. Agritech Limited (edible oil, turnover ~₹6,279.8 cr — the largest by far), and Salasar Balaji Overseas Private Limited (agri produce, turnover ~₹1,151.4 cr). No cash is involved; shareholders of the transferor companies will receive equity shares of BN Holdings at exchange ratios of 122:100, 164:100, and 301:100 respectively. The share exchange ratios have been certified as fair by 3Dimension Capital Services (SEBI Category-I Merchant Banker). Post-merger, the promoter group's stake in BN Holdings will jump from 5.93% to 58.21%, and total shares will expand from ~9.78 crore to ~28.17 crore. The scheme still requires NCLT, BSE, SEBI, and CCI approvals.
If approved, the merger will dramatically scale up BN Holdings — its turnover is set to multiply many times over from the current ~₹25.6 cr, turning it into a sizable edible-oil and agri-play. Existing public shareholders of BN Holdings will see significant dilution as the share count nearly triples and the promoter group takes majority control, changing the ownership profile of the listed entity materially.