Bengal & Assam Company Limited (BACL) has announced a significant change in its shareholding structure, with YPL Enterprises Pvt. Ltd. acquiring a 17.06% stake through an inter-se transfer. This move marks a notable shift in the company's ownership dynamics while maintaining the overall promoter group shareholding.

Key Details of the Transaction

• Acquirer: YPL Enterprises Pvt. Ltd. (formerly Yashodhan Enterprises, a partnership firm)
• Shares Acquired: 19,45,619 equity shares (17.06% of total share capital)
• Transaction Type: Off-market inter-se transfer without consideration
• Date of Transfer: September 19, 2025

Breakdown of the Transfer

The shares were previously held by three partners of the erstwhile Yashodhan Enterprises:

Impact on Shareholding

Despite this significant transfer, the overall promoter group shareholding in Bengal & Assam Company Limited remains unchanged at 82,58,454 shares, representing 72.42% of the total equity.

Company Overview

Bengal & Assam Company Limited has a total equity share capital of Rs. 11,40,38,990, comprising 1,14,03,899 equity shares of Rs. 10 each.

Regulatory Compliance

The company has made the necessary disclosures under Regulation 30 of the SEBI (Listing Obligations & Disclosure Requirement) Regulations 2015. Additionally, YPL Enterprises Pvt. Ltd. has filed the required disclosures under Regulations 10(6) and 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011.

Rationale for the Transfer

The transfer is a result of the conversion of Yashodhan Enterprises partnership firm into YPL Enterprises Pvt. Ltd. This restructuring within the promoter group appears to be a strategic move to consolidate ownership under a corporate entity.

This transaction underscores the ongoing evolution in the ownership structure of Bengal & Assam Company Limited, while maintaining the stability of its promoter group shareholding. Investors and market watchers will likely keep a close eye on any further developments or strategic decisions that may follow this significant inter-se transfer.

Bengal & Assam Company Limited (BSE: 530095) has announced a significant dividend payout for its shareholders, subject to approval at the upcoming Annual General Meeting (AGM). The company has set September 22, 2025, as the record date for the proposed dividend of Rs. 50 per equity share for the financial year ended March 31, 2025.

Dividend Details

Key Points

1. Shareholder Approval: The dividend is subject to shareholder approval at the AGM scheduled for September 29, 2025.

2. Book Closure: The company's register of members and share transfer books will remain closed from September 23, 2025 to September 29, 2025.

3. Payment Timeline: If approved, the dividend is planned to be paid within three to four weeks from the AGM date.

4. Eligibility: Shareholders whose names appear on the company's register of members as of the record date (September 22, 2025) will be eligible for the dividend.

5. Dematerialized Shares: For shares held in dematerialized form, the dividend will be paid to beneficial owners as per the list provided by the depositories as of the end of day on September 22, 2025.

Corporate Actions

Bengal & Assam Company Limited has taken the necessary steps to comply with regulatory requirements. The company has informed the BSE Limited about the record date and book closure details in accordance with Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The announcement of this substantial dividend reflects the company's financial performance for the year ended March 31, 2025. Shareholders and potential investors should note that the dividend payout is subject to approval at the upcoming AGM.

Investors are advised to keep an eye on further announcements from the company regarding the AGM proceedings and the final dividend approval.