Bijoy Hans Ltd — Updates, 28-07-2025: Company Update

Bijoy Hans Limited's Board announced a significant management and control change following an open offer, despite no shares being tendered by the public. New acquirers now hold control, leading to a complete board overhaul. Mr. Kaushal Uttam Shah was re-designated Chairman and Managing Director, with new independent directors Mr. Brijesh Jugalkishor Biyani and Mr. Rahul Ravindra Mayur appointed. Key executives, including the CFO and some directors, resigned, and the statutory auditor changed. The company also approved the financial results for the quarter and confirmed full utilization of the Rs 5.625 Cr preferential issue funds. Shareholders will vote on these changes at the upcoming Annual General Meeting.