Bengal & Assam Company Ltd — Important, 06-03-2026: Company Update
06-03-2026 | 05:59 pm
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.
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