Bengal & Assam Company Ltd — Updates, 08-07-2025: Company Update

Bengal & Assam Company Limited has allotted 1,07,571 equity shares of Rs. 10 each to eligible shareholders of Umang Dairies Limited as part of a Scheme of Arrangement involving de-merger and amalgamation. The share exchange ratio was 1 BACL share for every 92 equity shares of UDL’s dairy business and 1 share for every 14,652 equity shares of UDL’s residual business. Steps are underway for listing these shares on BSE, marking a key milestone in integrating UDL’s operations and expanding BACL’s shareholder base.