Outcome of Meeting of Board of Directors of Bijoy Hans Limited ('the Company') in accordance with Regulation 29 and 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, ....
Awaiting price reaction for this filing.
Bijoy Hans Limited's board approved three major acquisitions: 100% of Health Secure Hospitals Pvt Ltd (₹29.40 Cr, partly cash and partly share swap), 100% of Arvaya Health and Wellness Pvt Ltd (₹18.75 Cr via share swap), and 100% of Tec-Pool Solutions Pvt Ltd (₹12.50 Cr via share swap). To fund the share-swap portions, the board approved three preferential allotments at ₹12.50 per share (face value ₹10 plus ₹2.50 premium), issuing roughly 4.05 crore new equity shares combined. The authorised share capital was raised from ₹10 Cr to ₹60 Cr to accommodate the new issuances. An Extra-Ordinary General Meeting is scheduled for November 28, 2025, to seek shareholder approval. The board also approved the Q2FY26 unaudited results showing a net loss of ₹30.92 lakh (worse than a loss of ₹14.01 lakh in Q2FY25), along with several director changes and a registered office shift from Guwahati (Assam) to Sangli (Maharashtra).
The combined preferential issues will issue over 4 crore new shares against the existing ~75 lakh shares, representing massive dilution for current shareholders (roughly 5x expansion of the share count). The acquisitions pivot the company into healthcare and health-tech, but Q2 results show widening losses, so near-term price reaction may be negative. Shareholders should watch the November 28 EOGM outcome, as the deals require their approval.