Unaudited Financial Results for the quarter and half year ended 30th September, 2025.
Awaiting price reaction for this filing.
Bijoy Hans' board approved three 100% acquisitions totaling roughly ₹60.6 Cr — Health Secure Hospitals (₹29.4 Cr, partly ₹10 Cr cash + share swap), Arvaya Health & Wellness (₹18.75 Cr share swap), and Tec-Pool Solutions (₹12.5 Cr share swap) — to be discharged largely via preferential issue of ~4.05 crore equity shares at ₹12.50 each, requiring authorised capital to be raised from ₹10 Cr to ₹60 Cr. The transaction with Tec-Pool Solutions is a related-party deal since its shareholder SMCV Management Services is also a promoter of Bijoy Hans. Separately, the unaudited Q2 FY26 results show revenue from operations of just ₹5.95 lakh (down sharply from ₹27.89 lakh in Q2 FY25), with a half-year loss of ₹56.26 lakh versus a ₹19.26 lakh loss a year ago. The company also shifted its registered office from Guwahati (Assam) to Sangli (Maharashtra), accepted resignations of three directors, and appointed a new independent woman director.
Existing shareholders face significant dilution of roughly 4.05 crore new shares (mostly via share swap) into a company that is loss-making with sharply declining operations, while the acquisitions pivot the firm into healthcare and wellness. The related-party nature of the Tec-Pool deal and weak core financials warrant close attention ahead of the EOGM on November 28, 2025.