Promoter group entity acquires significant stake in Bengal & Assam Company

YPL Enterprises Private Limited, a constituent of the promoter group of Bengal & Assam Company Limited (BACL), has acquired 1,945,619 equity shares, representing 17.06% of BACL’s share capital, through an off-market inter-se transfer. This acquisition, which occurred on September 19, 2025, involved no consideration. The shares were transferred from Yashodhan Enterprises, a partnership firm and also a promoter group constituent, which has since converted into YPL Enterprises Private Limited.

The transferred shares were previously held by Yashodhan Enterprises' partners: Bharat Hari Singhania (653,810 shares or 5.73%), Raghupati Singhania HUF (653,809 shares or 5.73%), and Anshuman Singhania HUF (638,000 shares or 5.59%). This transaction falls under exemptions provided by SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 2011.

Prior intimation of this inter-se transfer was filed with BSE Limited on September 9, 2025. Post-acquisition, Bharat Hari Singhania, Raghupati Singhania HUF, and Anshuman Singhania HUF continue to hold residual shares in their individual/HUF capacities. The total equity share capital of BACL remains 114,038,990 rupees, comprising 11,403,899 equity shares of 10 rupees each.