B & A Ltd — Important, 05-03-2026: Company Update

B&A Limited has called an Extraordinary General Meeting (EGM) to approve significant capital-raising plans. The company proposes to issue 30 lakh equity shares to an identified allottee, Mr. Anand Rathi, for ₹27 Crore. Additionally, 3 lakh equity shares are planned for promoters/promoter group, raising ₹2.7 Crore. Both preferential issues are priced at ₹90 per share. The EGM will also consider a Rights Issue of 9.84 lakh shares for ₹9.84 Crore. These moves aim to strengthen the company's financial standing and fund future growth.