Board approves 1:10 stock split and corporate guarantee of INR 10 Crores for related party

Approved & recommended a stock split — each ₹10 face value share into 10 shares of ₹1 each.

Mon 28 Sep 2026

Stock Split Ratio

Each ₹10 face value share into 10 shares of ₹1 each

Current Shares Outstanding

9,77,72,941 shares

Post-Split Shares Outstanding

97,77,29,410 shares

EGM Date

October 22, 2026 at 12:30 P.M. (IST)

Corporate Guarantee Amount

INR 10 Crores for B.N. Agritech Limited

What the Board decided

At its meeting on September 28, 2026 (12:30 P.M. to 12:49 P.M.), the Board of BN Agrochem took up two main items plus supporting approvals.

Stock split (sub-division)

• Each existing fully paid-up equity share of face value ₹10/- will be sub-divided into 10 equity shares of face value ₹1/- each.
• Stated rationale: enhance liquidity on the stock exchanges, encourage broader retail participation and make shares more affordable.
• This is recommended to shareholders as an Ordinary Resolution; it is not yet effective.
• Record date will be fixed after shareholder approval and intimated later.
• Expected completion tentatively within three (3) months of member approval, subject to regulatory, statutory, stock-exchange and depository approvals.
• Since the ratio is 1:10, all fractional entitlements convert into whole numbers.

Capital before and after

• Issued, subscribed and paid-up shares: 9,77,72,941 shares of ₹10 each before; 97,77,29,410 shares of ₹1 each after.
• Total paid-up capital is unchanged at 97,77,29,410/-.
• Authorised capital: 12,50,00,000 shares of ₹10 each before; 1,25,00,00,000 shares of ₹1 each after, with total authorised capital unchanged at 1,25,00,00,000/-.
• The Capital Clause V(A) of the Memorandum of Association will be altered to reflect this.

A split changes the number of shares an investor holds and the face value per share; it does not by itself change the total value of the holding or the company's capital.

EGM and voting

• First EGM of FY 2026-27 is scheduled for Thursday, October 22, 2026 at 12:30 P.M. (IST) through video conferencing / other audio-visual means.
• Cut-off date for e-voting entitlement: October 16, 2026.
• Bigshare Services Private Limited appointed as remote e-voting agency; M/s Mehta & Mehta (through Nayan Handa, PCS) appointed as Scrutinizer.

Corporate Guarantee for a related party

• The Board approved extending a Corporate Guarantee on behalf of B.N. Agritech Limited, a related party, in favour of Godrej Finance Limited.
• It covers a Purchase Invoicing Finance Facility aggregating to INR 10 Crores availed / to be availed by B.N. Agritech Limited.
• Promoter interest: yes, to the extent of their shareholding in B.N. Agritech Limited; Mr. Anubhav Agarwal is a common promoter in both entities.
• The company states no financial or operational impact is foreseen until the guarantee is invoked by the lender.

What investors may watch

• The EGM outcome and, if approved, the record date for the split.
• The exposure the company carries as guarantor for the related party facility, which becomes a liability only if the lender invokes the guarantee.

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