To Consider and approve resignation of Mr. Ashok Patwari, Ashim Patwari and Mr. Dhawal Kumar Mashru from the Company.
Awaiting price reaction for this filing.
Bijoy Hans Limited held a board meeting on November 4, 2025, approving three full acquisitions: Health Secure Hospitals Pvt Ltd (₹29.40 Cr, partly cash ₹10 Cr and partly share swap), Arvaya Health and Wellness Pvt Ltd (₹18.75 Cr via share swap), and Tec-Pool Solutions Pvt Ltd (₹12.50 Cr via share swap), all settled largely through preferential share issuance at ₹12.50 per share. The company will issue up to about 4.05 crore new equity shares to the selling shareholders. Authorized share capital is proposed to increase from ₹10 Cr to ₹60 Cr subject to shareholder approval. Three non-executive directors (Ashok Kumar Patawari, Ashim Kumar Patawari, and Dhavalkumar Pravinkumar Mashru) resigned, while Ms. Kiran Sudhir Kabra was appointed as Additional Independent Woman Director for a 5-year term. The registered office is being shifted from Guwahati, Assam to Sangli, Maharashtra (interstate, pending approvals). Q2 FY26 results showed a loss of ₹30.92 lakhs on revenue from operations of just ₹5.95 lakhs, with total assets rising sharply to ₹865.51 lakhs from ₹358.96 lakhs at March 2025.
Existing shareholders will face significant dilution (roughly 4 crore new shares to be issued) as the company pivots into healthcare and technology via stock-funded acquisitions. The businesses being acquired are early-stage or low-revenue (HSHPL standalone turnover ₹1.37 Cr, AHWPL ₹8 lakhs, TPSPL nil), so near-term earnings impact is unclear, and the company is still reporting operating losses. Shareholders should weigh the dilution, related-party element in the TPSPL deal, and the shift in business focus before taking a view on the stock.