BCPL Railway Infrastructure Ltd — Updates, 30-05-2025: Company Update
30-05-2025 | 06:23 pm
30-05-2025 | 06:23 pm
BCPL Railway Infrastructure has announced a board meeting to approve the disinvestment of its 22% stake in subsidiary BCL Bio Energy Private Limited, reducing its holding from 51% to 29%. BCL operates a 300 TPD Crude Rice Bran Oil extraction plant in West Bengal, which faced initial operational challenges but is expected to grow with better management. Phoenix Overseas, a group company with expertise in domestic and international trade, will increase its stake to 51%, becoming the holding company. The disinvestment is a strategic move as BCPL focuses on its core railway infrastructure business. The stake sale will be in cash based on a statutory valuation.
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