ALPHA TRIBE

Bengal & Assam Company LtdDividend/Bonus, 17-06-2025: Corp. Action

17-06-2025 | 09:22 pm

Bengal & Assam Company Limited has announced a board meeting on the demerger and amalgamation scheme involving Umang Dairies Limited (UDL) and Panchmahal Properties Limited. The scheme has become effective following approvals from the National Company Law Tribunal. As per the arrangement, for every 92 equity shares of UDL’s dairy business, shareholders will receive 1 share of Bengal & Assam, and for every 14,652 shares of UDL’s residual business, shareholders will receive 1 share of Bengal & Assam. This restructuring will reshape shareholder holdings and potentially streamline business focus.

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