ALPHA TRIBE

Balaji Phosphates LimitedBoard Meeting, 27-08-2026: Outcome of Board Meeting

27-08-2026 | 08:36 pm

Balaji Phosphates' board approved acquiring Chatak Agro (₹35 Cr) & Divya Jyoti Agritech (₹15 Cr). They'll issue ~14.5 lakh preferential shares for Chatak Agro. Also, ~26.5 lakh convertible warrants at ₹93.78/warrant (~₹24.81 Cr) will be issued to promoters for growth. Shareholder approval is needed for these moves.

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