Bhagyanagar India: Update-Allotment of equity shares by Tieramet Limited (the "Resulting Company") to the Sharehodlers of…
Bhagyanagar India (BHAGYANGR) filed a disclosure titled "Update-Allotment of equity shares by Tieramet Limited (the "Resulting Company") to the Sharehodlers of Bhagyanagar India Limited (the "Company") pursuant to the Composite Scheme…". The company is…
What happened
Bhagyanagar India (BHAGYANGR) filed a disclosure with the exchanges on 9 October 2026 at 06:34 PM titled "Update-Allotment of equity shares by Tieramet Limited (the "Resulting Company") to the Sharehodlers of Bhagyanagar India Limited (the "Company") pursuant to the Composite Scheme…".
Company snapshot
Bhagyanagar India is a micro-cap company, with a market value of about ₹139 crore.
The stock last traded at ₹41.4, against a 52-week range of ₹11.59–₹422.6 (90.2% below the high).
Before this filing the shares had moved +23.0% over the month and +25.9% over three months. Average daily turnover over the last 20 sessions was about ₹0.79 crore.
Promoters held 65.80% at the end of Q2 FY27, up 0.89% points from the previous quarter. Foreign institutions owned 2.14% and domestic institutions 2.08%.
| Quarter | Revenue | Net profit | EPS (₹) |
|---|---|---|---|
| Q1 FY26 | 486 | 7.6 | 2.38 |
| Q2 FY26 | 580 | 11.3 | 3.52 |
| Q3 FY26 | 577 | 12.8 | 4.01 |
| Q4 FY26 | 735 | 18.5 | 5.78 |
| Q1 FY27 | 705 | 20.2 | 6.33 |
What history shows
BCEIE's records show 2 previous m&a filings from the company since May 2026.
After those filings, the stock gained 3.1% on average the next trading day and was up 5.1% on average after five days (2 filings with price data).
Market-wide, 2,013 m&a filings with an impact score of 50 or more saw an average next-day move of +0.4%, with 49% rising.
Past reactions describe what happened before; they are not a forecast.
| Date | Filing | Next day | 5 days |
|---|---|---|---|
| 25 Sept 2026 | Record date for the purpose of Merger/HiveOff is 08-Oct-2026. | −4.1% | +1.7% |
| 7 Sept 2026 | Scheme of Arrangement | +10.2% | +8.5% |
What to watch
- Regulatory approvals, completion of the deal and its effect on revenue and margins.
In the news
Recent coverage elsewhere (links open the original publisher):
- Bhagyanagar India CFO Surendra Bhutoria To Cease Role Effective October 7
- Bhagyanagar India Says Surendra Bhutoria To Cease As CFO Effective October 7
- Bhagyanagar India fixes record date for scheme of arrangement
- Bhagyanagar India CFO Surendra Bhutoria ceases role after transfer
- Bhagyanagar India BHAGYANGR ICRA A- Rating Copper Subsidiary
Source
Automatically written from the exchange filing and BCEIE data. Not investment advice. Check the original filing before acting on it.