Bijoy Hans Limited Reports Share Transactions and Capital Increase
Bijoy Hans Limited, listed on BSE and Calcutta Stock Exchange, disclosed multiple share transactions and a significant equity capital increase. Three individuals sold a total of 38,200 shares (0.51%) to Kaushal Uttam Shah, a company promoter, through off-market transactions. Simultaneously, the company increased its equity share capital by 150%, from Rs. 3,00,00,210 to Rs. 7,50,00,210, expanding the number of shares from 30,00,021 to 75,00,021.
22Jul 25
Bijoy Hans Limited Set for Major Management Overhaul Following Successful Open Offer
Bijoy Hans Limited (BSE: 524723) has scheduled a board meeting for July 28, 2025, to address significant corporate changes post-open offer completion. The meeting will focus on management restructuring, including new Board of Directors composition. Key agenda items include reviewing Q2 2025 financial results, appointing new directors, reconstituting committees, and potentially re-designating Mr. Kaushal Uttam Shah as Managing Director and Chairman. The company has implemented a trading window closure from June 1 to July 30, 2025, for insiders.
17Jul 25
Bijoy Hans Receives SEBI Warning for Delayed Fee Payment in Open Offer Process
Bijoy Hans Limited received an administrative warning from SEBI for a 28-day delay in paying fees under the Substantial Acquisition of Shares and Takeovers (SAST) Regulations. The company filed a Draft Letter of Offer on January 3, 2025, but paid the required fees on January 31, 2025, violating Regulation 16(1). SEBI advised the company to be more careful in the future, warning of potential enforcement action for repeated violations. Bijoy Hans acknowledged the issue and committed to improving compliance measures.