Balrampur Chini Mills Ltd

📈 Balrampur Chini Mills Plans ₹450 Crore Fundraise via Preferential Share Issue

• EGM scheduled for May 20, 2026 at 4:00 PM IST via video conferencing

• Plans to raise approximately ₹450 crores through preferential allotment

• Issue price set at ₹483 per share (₹1 face value + ₹482 premium)

• Total of 93,16,771 equity shares to be issued

• Promoters Vivek Saraogi (24 lakh shares), Sumedha Saraogi (3.45 lakh shares), and Meenakshi Mercantiles Limited (12.5 lakh shares) participating

• Non-promoter investors include TATA Small Cap Fund and others

• Remote e-voting available from May 17 (9:00 AM IST) to May 19 (5:00 PM IST) 2026

• Notice and details available on company website (www.chini.com)