Bhagiradha Chemicals & Industries Limited — Important, 13-05-2025: Updates

Bhagiradha Chemicals has announced a board meeting to approve converting loans worth around Rs. 368 Cr to its subsidiary, Bheema Fine Chemicals, into equity. This will lower interest expenses and boost Bheema’s balance sheet without new capital. Bheema, focused on agrochemicals, grew revenue sharply to Rs. 17.02 Cr in FY25 from Rs. 0.93 Cr the previous year. The parent will maintain full ownership after the conversion.