NSEGeneral Updates6d ago · 25 Aug 2026, 04:57 pm

General Updates

Bhagyanagar India Limited · BHAGYANGR

✦ AI Summary▲ Positiveclarification

Bhagyanagar India Limited has clarified that the transfer of 12,73,335 equity shares by Mr. Devendra Surana to Bhagyanagar Copper Private Limited was solely for hedging purposes and does not constitute a sale or purchase transaction. The shares continue to form part of Mr. Devendra Surana's shareholding under the category 'Promoters' Holding'.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment6/10

✦ Ask a Question

Ask anything about this announcement — AI will answer based on the filing content.

0/500

Full Announcement

Bhagyanagar India Limited has informed the Exchange about General Updates

Attachments (1)

📄

BHAGYANGR_25082026165612_BILCLARIFICATION_SD.pdf

pdf

Download →
View document text
BHAGYANAGAR INDIA LIMITED 1SO-9001-2008 Certified Company Registered Office : Surana Group Plot No. 9/13/1 & P-9/14, 1.D.A. Nacharam, Hyderabad -500 076. Telangana, India. Tel. : +91 40 27152861, 27151278 Fax : +91 40 27172140, 27818868 Email : bil@surana.com Website : www.bhagyanagarindia.com CIN No. : L27201TG1985PLC012449 BIL/SECT/36/2026-27 Date: 2254™ August, 2026 The Secretary, The Secretary, National Stock Exchange of India Ltd., BSE Limited, Exchange Plaza, C-1, Block G, Phiroze Jeejeebhoy Towers, Bandra Kurla Complex, Bandra (E), Dalal Street, Mumbai- 400 051. Mumbai- 400 001. Serip Code: BHAGYANGR Serip Code: 512296 i Dear Sir/Madam, Sub: Clarification with respect to disclosure appearing on portal of BSE / NSE Ref: Our e-mail, dated 16.01.2026 With reference to the subject cited, our e-mail disclosures / clarifications in this regard, more specifically our e-mail, dated 16.01.2026, wherein it was clarified that the 12,73,335 equity shares were transferred by Mr. Devendra Surana to Bhagyanagar Copper Private Limited, a wholly owned subsidiary of Bhagyanagar India Limited, through an off-market transaction solely to facilitate the required pledge for hedging purposes. The transaction was recorded under Reason Code 90 — “Transfer between Director and Company” in the NSDL Delivery Instructions Slip, with no consideration paid or received. We now wish to inform that the purported sale of the said 12,73,335 equity shares by Mr. Devendra Surana, as reflected on the BSE/NSE portals, stands reversed. As no consideration was paid or received, the said transaction does not constitute a sale or purchase transaction. Accordingly, the 12,73,335 equity shares continue to form part of Mr. Devendra Surana’s shareholding under the category “Promoters’ Holding” and shall be disclosed accordingly. This is for your information and records. With regards FOR BHAGYANAGAR INDIA LIMITED, DEVENDRA SURANA MANAGING DIRECTOR DIN: 00077296