Revision in Number of Shares to be allotted to Tec-pool Solutions Private Limited during the process of acquisition by Bijoy Hans Limited.
Awaiting price reaction for this filing.
Bijoy Hans Ltd has revised the number of equity shares to be allotted to shareholders of Tec-Pool Solutions Private Limited (TPSPL) as part of its ongoing acquisition. The company had earlier approved issuing up to 1 crore (10,000,000) equity shares at ₹12.50 each (including a ₹2.50 premium), aggregating to ₹12.5 crore, on a preferential basis through a share swap. After a detailed re-evaluation of the underlying technology company's valuation, a minor computational difference was found, and the share count has been revised marginally by about 121 shares to 9,999,879 equity shares. All other terms — issue price, total consideration, and purpose — remain unchanged. This is part of the broader acquisition of three entities (HSHPL, AHWPL, and TPSPL) approved by the Board on November 4, 2025, and shareholders on November 28, 2025.
For shareholders, the impact is negligible — this is a minor accounting correction (121 shares) that does not change the deal's value or structure. The acquisition of TPSPL is progressing as planned, and existing shareholders of Bijoy Hans will see only a trivial change in dilution from this specific allotment.