Beezaasan Explotech Limited has intimated BSE Limited about an upcoming Board of Directors meeting scheduled for September 18, 2025. The meeting will be held at the registered office of the Company.
Agenda Items
The Board will consider two main agenda items:
1. Fundraising via Preferential Issue: The Board will consider and evaluate a proposal for raising funds through the issue of equity shares on a preferential basis. This proposal is subject to required regulatory/statutory approvals, including approval from the shareholders of the Company. The Board will also consider matters incidental and ancillary to this fundraising proposal.
2. Acquisition via Share Swap: The Board will approve a proposal for investment in equity shares through purchase or acquisition of securities from existing shareholders of M/s. Asawara Earthtech Limited (AEL), which is described as an associate company of Beezaasan Explotech Limited. The acquisition will be executed through issuance and allotment of fully paid-up equity shares of Beezaasan Explotech Limited by way of swap of equity shares. The swap ratio will be determined in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018 (SEBI ICDR Regulations). The entire purchase consideration will be discharged through this share swap arrangement, making it a non-cash transaction. This transaction is classified as a material related party transaction.
Trading Window Closure
Pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's related policy, the trading window for dealing in securities of the Company by Designated Persons and their immediate relatives has been closed effective September 15, 2026. The trading window will remain closed until 48 hours after the conclusion of the Board Meeting.
Additional Information
This intimation has been uploaded on the Company's website as required by SEBI regulations.