Paper & Paper Products
Acquisitions8 April 2026 at 02:24 pm

BJ Duplex Boards Ltd. Announces Capital Increase, Acquisition of Prabhatam Infrastructure, and Preferential Issues

AI Summary

BJ Duplex Boards Ltd. has announced several significant financial moves during their board meeting on April 08, 2026. The company has decided to increase their authorized share capital from ₹ 12,00,00,000/- to ₹ 25,00,00,000/-. Furthermore, the company has approved the acquisition of 87.91% equity shares of Prabhatam Infrastructure Limited for a total purchase consideration of ₹ 14,40,10,350/-. The acquisition will be made through a share swap, with up to 14,40,10,350 fully paid-up equity shares of B J Duplex Boards Limited being issued on a preferential basis. Additionally, the company has approved a preferential issue of up to 6,00,00,000 equity shares for cash to various allottees belonging to the 'Public' category.

Key Highlights

  • Authorized share capital increase from ₹ 12,00,00,000/- to ₹ 25,00,00,000/-
  • Acquisition of 87.91% equity shares of Prabhatam Infrastructure Limited for ₹ 14,40,10,350/-
  • Share swap with up to 14,40,10,350 fully paid-up equity shares of B J Duplex Boards Limited
  • Preferential issue of up to 6,00,00,000 equity shares for cash to various allottees