Baheti Recycling migrates to NSE, BSE mainboard

1 min read     Updated on 19 Jun 2026, 10:05 AM
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Baheti Recycling Industries received board approval on June 18, 2026, to migrate its equity shares from the SME platform to the main boards of NSE and BSE. The meeting also approved the appointment of Mr. Judhisthir Behera and Mr. Mahadevan Viswanathan as Non-Executive Independent Directors for a five-year term, contingent upon shareholder approval through a postal ballot process.

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Baheti Recycling Industries has secured board approval to migrate its equity shares from the SME platform to the main boards of the National Stock Exchange of India (NSE) and the Bombay Stock Exchange (BSE). This strategic transition, approved on June 18, 2026, aims to enhance visibility and access to a broader investor base for the company.

Board Approvals and Director Appointments

The Board of Directors approved the migration of listing and trading from the SME (EMERGE) platform of NSE to the main board of NSE, as well as a direct listing to the main board of BSE. Additionally, the board appointed two new Non-Executive Independent Directors, Mr. Judhisthir Behera and Mr. Mahadevan Viswanathan, for an initial term of five years from June 18, 2026, to June 17, 2031. These appointments are subject to shareholder approval via postal ballot.

Key Resolutions

The meeting, which commenced at 04:00 P.M. and concluded at 04:45 P.M., also approved the postal ballot notice and related matters. The disclosures regarding the new directors were made in accordance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and a specific SEBI circular dated January 30, 2026.

Parameter Details
Company Baheti Recycling Industries
Corporate Action Migration to NSE and BSE Main Board
New Directors Mr. Judhisthir Behera, Mr. Mahadevan Viswanathan
Director Term 5 Years (June 18, 2026 to June 17, 2031)
Approvals Required Shareholder approval via Postal Ballot

Historical Stock Returns for Baheti Recycling Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.82%+17.47%+20.15%+18.44%+26.05%+564.13%

How will the migration to the main board impact Baheti Recycling's liquidity and stock valuation?

What specific growth strategies will the company pursue with the increased visibility from the main board listing?

How will the new independent directors contribute to the company's governance and strategic direction?

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Baheti Recycling promoters confirm no share encumbrance in FY26

0 min read     Updated on 06 Jun 2026, 05:03 PM
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Baheti Recycling Industries Limited promoter Yash Shankerbhai Shah declared no new encumbrance on promoter shares for FY26, complying with SEBI regulations.

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Baheti Recycling Industries Limited promoter Yash Shankerbhai Shah confirmed that no new encumbrance was created on the equity shares held by the promoters or the promoter group during the financial year ended March 31, 2026. The declaration, submitted to the National Stock Exchange of India Limited, ensures compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeover) Regulations, 2011. This disclosure is critical for maintaining transparency regarding the holding status of key shareholders.

The intimation addressed to the Manager of the Listing Department at the National Stock Exchange of India Limited and the Chairman of the Audit Committee at Baheti Recycling Industries stated that any encumbrance remains limited to those already disclosed. The promoter group provided Permanent Account Number (PAN) details of other members as part of the filing.

Regulatory Compliance

The filing serves as a formal confirmation under the provisions of the SEBI Takeover Regulations. It explicitly covers shares held directly or indirectly by the promoters. The document was signed by Yash Shankerbhai Shah on behalf of all promoters of Baheti Recycling Industries Limited on April 7, 2026.

Historical Stock Returns for Baheti Recycling Industries

1 Day5 Days1 Month6 Months1 Year5 Years
-0.82%+17.47%+20.15%+18.44%+26.05%+564.13%

How might this confirmation of no new encumbrance impact investor confidence in Baheti Recycling Industries?

What are the potential implications for the company's future capital raising strategies given the clean holding status?

Could this disclosure signal a shift in the promoter group's approach to leveraging their equity holdings?

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1 Year Returns:+26.05%