Restile Ceramics515085Acquisition deal news
Restile Ceramics to acquire 98.89% of Bell Granito Ceramica via Rs.11.70 crore cash plus 21.12 crore share swap
98.89%Total stake completion
Stake acquired via swap93.70%
Stake acquired for cash5.19%
- Target Company
- Bell Granito Ceramica Limited (BGCL)
- Stake Acquired
- 98.89% of diluted paid-up equity in first tranche
- Cash Consideration
- Rs. 11,70,00,000 for 2,00,00,000 shares (5.19%)
- Share Swap Ratio
- 1000:585 ratio (36,10,82,783 BGCL shares for 21,12,32,385 Restile shares)
- EGM Scheduled
- October 28, 2026
Restile Ceramics to acquire 98.89% of Bell Granito Ceramica via Rs.11.70 crore cash plus 21.12 crore share swap.
98.89%Total stake completion
BGCL incorporation
Prior intimation
Board meeting
EGM proposed
Also from Restile Ceramics
Corrigendum to EOGM Notice: Revised Shareholding Table, Capital Increase, BGCL Swap, Preferential Issue
6 Oct 2026
EGM on October 28 to seek approval for BGCL share-swap acquisition, preferential issue and authorised capital rise
5 Oct 2026
Board approves acquisition of Bell Granito Ceramica, share swap issue of 21.12 crore shares and capital increase to Rs. 320 crore
28 Sep 2026
More numbers
- Cash considerationRs. 11,70,00,000
- BGCL shares acquired for cash2,00,00,000
- Stake acquired for cash5.19%
- BGCL shares acquired via swap36,10,82,783
- Stake acquired via swap93.70%
- Total stake post completion98.89%
- Restile shares to be issued21,12,32,385
- Issue price per shareRs. 10/-
- BGCL turnover FY 2025-267,591.75 (Turnover In Lakhs.)
- Increased authorised share capitalRs. 320,00,00,000/-
- Completion timelinewithin 6 months
Source: BSE · 28 Sep 2026
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