Barak Valley Cements Ltd

📊 Barak Valley Cements Boosts Subsidiary Ownership Through Loan Conversion

• Acquired 706,500 additional equity shares in wholly owned subsidiary Meghalaya Minerals and Mines Limited

• Converted outstanding loan of ₹4,09,77,000 into equity shares

• Each share acquired at ₹58 (₹10 face value + ₹48 premium)

• Subsidiary operates in mineral mining with assets of ₹15.42 crore

• Subsidiary reported turnover of ₹4.69 crore as of March 2025