Balaji Phosphates Fund Raise of ₹23.45 Cr
Balaji Phosphates received shareholder approval to issue 25,00,000 convertible warrants worth ₹23.45 Crore and 14,49,900 equity shares for a business acquisition via preferential issue.
- Value
- ₹23.45 Cr
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Balaji Phosphates received shareholder approval to issue 25,00,000 convertible warrants worth ₹23.45 Crore and 14,49,900 equity shares for a business acquisition via preferential issue.
Balaji Phosphates' shareholders approved the issuance of 5,146,350 convertible warrants and 1,449,900 equity shares to promoters and other investors at the 30th AGM.
Balaji Phosphates Limited issued a corrigendum to its 30th Annual General Meeting notice. The amendment provides revisions to the proposed preferential share allotment for business acquisition.
Balaji Phosphates Limited replaced an allottee for its proposed 25 lakh warrant issuance. The board also approved a corrigendum to its AGM notice per NSE observations.
Balaji Phosphates Limited scheduled a board meeting for September 18, 2026, to discuss fund raising via preferential issue.
Balaji Phosphates Limited has submitted its Annual Report for the financial year 2025-26, which includes the notice for its 30th Annual General Meeting.
Balaji Phosphates issued notice for its Annual General Meeting scheduled on September 26, 2026, to consider financial statements, capital raising, and various related-party transactions.
Balaji Phosphates' board approved acquiring Chatak Agro and Divya Jyoti Agritech, and authorized a preferential issue of warrants to promoters and promoter group entities.
Balaji Phosphates Limited has scheduled a board meeting for August 27, 2026, to consider fund raising via a preferential issue. The company has closed its trading window accordingly.
Balaji Phosphates cancelled its proposed Extra-Ordinary General Meeting. The company will now include these agenda items in the upcoming Annual General Meeting notice.
Balaji Phosphates clarified that its IPO utilization certificate was omitted due to human error. The company submitted the missing auditor's report to resolve NSE's query.
Balaji Phosphates appointed Shubham Jain as Internal Auditor and re-appointed M P Turakhia & Associates as Cost Auditors. Both appointments are for a twelve-month term.
Balaji Phosphates approved a Rs.24.575 Crore preferential warrant issue to non-promoters. It also proposed acquiring group companies via share swaps to consolidate business operations.