Black Buck Ltd

Black Buck Board Meeting Date

BlackBuck Limited scheduled a board meeting on May 19, 2026, to approve audited annual financial results. The trading window remains closed until May 21.

Black Buck Merger & Restructuring

BlackBuck Limited's non-material subsidiary ZZLSPL was struck off by the Ministry of Corporate Affairs. The entity had no business operations and ceased existence effective May 11, 2026.

Black Buck Fund Raise of ₹550 Cr

BlackBuck Limited's Monitoring Agency Report confirms utilization of ₹550 Crore IPO proceeds. ICRA reported no deviations for the quarter ended March 31, 2026.

Value

₹550.0 Cr

BlackBuck Employee Stock Options

BlackBuck Limited has allotted 99,793 equity shares following the exercise of options under its 2016 and 2019 Employee Stock Option Schemes. This allotment increases the company's paid-up share capital to 18,18,96,405 shares.

Black Buck Employee Stock Options

BlackBuck Limited allotted 99,793 equity shares following the exercise of employee stock options. Additionally, the company granted 66,667 fresh stock options under its ESOP 2019 scheme at an exercise price of ₹1 per share. The allotment increases the company's paid-up equity capital to approximately ₹18.19 Crore.

Value

₹0.01 Cr

Execution

Vesting Schedule: 25% over 4 years

Black Buck Legal & Regulatory

BlackBuck Limited received favourable income tax orders for AY 2021-22 and 2022-23, setting aside ESOP expense disallowances totalling ₹106.59 Crore. The Deputy Commissioner of Income Tax, Bengaluru passed these orders following appellate relief. The company stated these developments are favourable with no adverse financial impact.

Value

₹106.6 Cr

Black Buck Debt & Borrowing: ₹25.71 Cr

BlackBuck Limited submitted its initial disclosure for FY 2026-2027, confirming it is not classified as a Large Corporate under SEBI norms. The company reported outstanding borrowings of ₹25.71 Crore as of March 31, 2026, and holds an A2+ credit rating from ICRA Limited.

Value

₹25.71 Cr