Barak Valley Cements converted ₹4.10 crore loan into 7,06,500 equity shares of subsidiary Meghalaya Minerals and Mines at ₹58 per share.
Post-acquisition, shareholding in the mineral mining subsidiary remains at 100%.
Disclosure was made with a procedural delay clarification, stating no financial impact.
Subsidiary reported ₹15.42 crore asset size and ₹4.69 crore turnover as of March 2025.