Key Quantitative Figures

  • Allotment of 3,34,96,434 (Three Crores Thirty Four Lakhs Ninety Six Thousand Four Hundred and Thirty Four) fully paid-up equity shares
  • Face value: ₹2 per share
  • Allotment ratio: 1:1 (one Tieramet Limited equity share for every one Bhagyanagar India Limited equity share)

Parties Involved

  • Bhagyanagar India Limited (Demerged Company)
  • Tieramet Limited (Resulting Company)
  • National Company Law Tribunal, Hyderabad Bench (NCLT)
  • BSE Limited
  • National Stock Exchange of India Limited

Capital Structure Impact

  • Equity shares allotted to shareholders of Bhagyanagar India Limited holding shares as on Record Date (October 08, 2026)
  • Allotted shares will rank pari-passu in all respects with existing shares

Next Steps

  • Tieramet Limited will make necessary application for listing of equity shares on BSE and NSE
  • Listing application to be made in due course

Background Context

  • Demerger involves the copper business (Demerged Undertaking) of Bhagyanagar India Limited into Tieramet Limited
  • Composite Scheme of Arrangement was approved by NCLT Hyderabad Bench vide order dated September 07, 2026