ALPHA TRIBE

Bengal & Assam Company LtdImportant, 06-03-2026: Company Update

06-03-2026 | 05:59 pm

Bengal & Assam Company Limited's step-down subsidiary, JK Agri Research Services Limited (JKARSL), has allotted 50,000 equity shares of Rs. 10 each for a total of Rs. 0.05 Cr in cash. These shares were issued to Sridharnath Research Limited (SRL), a fellow subsidiary and existing shareholder of JKARSL. This transaction significantly increases SRL's stake in JKARSL from 51% to 91.83%. This internal share allotment strengthens the ownership structure within the company's subsidiary network, consolidating control over JKARSL for better operational alignment.

No comments yet. Be the first to comment!

All announcements from Bengal & Assam Company Ltd