Bandaram Pharma Packtech Limited has announced a significant corporate action, solidifying its position in the market through a strategic acquisition. The company's board has approved the allotment of 59,71,920 equity shares, marking a pivotal move in its expansion strategy.

Key Details of the Share Allotment

• Issue Price: Rs. 20.00 per share (including Rs. 10.00 premium)
• Face Value: Rs. 10.00 per share
• Total Shares Allotted: 59,71,920
• Allotment Type: Preferential basis to promoters and non-promoters
• Consideration: Other than cash

Strategic Acquisition

The share allotment serves as consideration for acquiring a substantial stake in Craftsmart Products Private Limited:

• Acquired Shares: 74,64,900 equity shares
• Stake Acquired: Approximately 84.21%
• Result: Craftsmart Products becomes a wholly-owned subsidiary

This move elevates Bandaram Pharma Packtech's ownership in Craftsmart Products to 100%, potentially strengthening its market position and operational capabilities.

Breakdown of Share Allotment

The allotment of shares has been distributed among promoters and public category investors:

Notable Allottees

Promoter Category

1. Deepak Reddy B: 16,07,996 shares
2. Prajitha Bandaram: 4,86,488 shares

Public Category

1. Kolli Suryateja Reddy: 3,34,240 shares
2. Nannapaneni Anuradha: 2,40,000 shares
3. Lakshmi Pilla: 2,40,000 shares

Implications and Outlook

This strategic move by Bandaram Pharma Packtech indicates a focused approach towards expanding its business operations. The acquisition of Craftsmart Products as a wholly-owned subsidiary could potentially lead to synergies in operations, expanded market reach, or diversification of product offerings.

Investors and market watchers will be keen to observe how this acquisition impacts Bandaram Pharma Packtech's financial performance and market position in the coming quarters. The company has scheduled a board meeting on November 13, 2025, to consider and approve the unaudited financial results for the quarter and half-year ended September 30, 2025, which may provide further insights into the company's financial health and the initial impact of this acquisition.

As the pharmaceutical packaging industry continues to evolve, strategic moves like this could play a crucial role in shaping the competitive landscape. Stakeholders will be watching closely to see how Bandaram Pharma Packtech leverages this acquisition to drive growth and create value.

Bandaram Pharma Packtech Limited has announced key corporate decisions following its board meeting held on September 5, 2025. The company's Board of Directors has approved several important matters, including the reappointment of its Chairman and Managing Director and the scheduling of its Annual General Meeting (AGM) for the fiscal year 2024-25.

Leadership Continuity

The board has approved the re-appointment of Mr. Deepak Reddy Bandaram (DIN: 07074102) as the Chairman and Managing Director of the company. This reappointment is for a term of three years, effective from February 7, 2026. However, it is important to note that this decision is subject to shareholder approval at the upcoming Annual General Meeting.

Annual General Meeting Details

Bandaram Pharma Packtech has scheduled its Annual General Meeting for the financial year 2024-25 on Monday, September 29, 2025, at 11:00 a.m. In line with modern corporate practices, the AGM will be conducted via video conference or other audio-visual means (OAVM), allowing shareholders to participate remotely.

Board Meeting Outcomes

The board meeting, which commenced at 11:00 a.m. and concluded at 11:45 a.m., was held at the company's registered office. During this meeting, the Board of Directors also approved the Directors' Report for the financial year 2024-25.

Regulatory Compliance

These announcements were made in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

Bandaram Pharma Packtech Limited operates in the pharmaceutical packaging sector. The company's corporate identity number is L93090KA1993PLC159827, indicating its registration in Karnataka, India.

Investors and stakeholders are advised to take note of these important corporate updates, particularly the upcoming AGM and the proposed reappointment of the company's Chairman and Managing Director.