This is in furtherance to our intimation dated June 28, 2025 wherein the Board of Directors ('Board') of BN Agrochem Limited ('Company' or 'Transferee Company') had approved the Scheme ....
BNAGROCHEM · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
BN Agrochem Limited has updated the stock exchange on its ongoing Scheme of Amalgamation with three transferor companies: A1 Agri Global Limited, B.N. Agritech Limited, and Salasar Balaji Overseas Private Limited. The original scheme was approved by the Board on June 28, 2025, under Sections 230-232 of the Companies Act, 2013 (the NCLT route). On December 17, 2025, the Board approved amendments to the scheme, which were necessitated by the recent issuance and listing of Non-Convertible Debentures of B.N. Agritech Limited (Transferor Company 2) on NSE. The amended scheme will be hosted on the company's website and submitted to the stock exchange. No swap ratio or financial terms have been disclosed in this filing.
The amalgamation is progressing but has been modified due to new debt issued by one of the merging entities, which could affect the final structure or valuation of the deal. Shareholders should watch for the amended scheme document and any revised swap ratio, as well as updates on NCLT approval timelines.