BCC Fuba India Ltd to acquire 51% in Iogems Technologies Pvt Ltd

The Board of Directors of BCC Fuba India Limited at their meeting held today i.e. November 27, 2025 has considered and approved the acquisition of 51% of Equity shares of Iogems Technologies Private Limited by way of investment in one or more tranches by way of subscription, purchase, conversion or otherwise in the equity shares, preference shares or other securities at par and / or give any loan to from time to time; and / or give any guarantee or provide security in connection with a loan to IOGEMS TECHNOLOGIES PRIVATE LIMITED from time to time, such that aggregate amount of all investments so far made and /or loans so far given and / or guarantees so far given and / or securities so far provided together with the proposed investments, loans, guarantees and securities will not exceed sixty percent of the aggregate of paid-up share capital, free reserves and securities premium account of the Company or one hundred percent of free reserves and securities premium account of the Company, whichever is higher, as prescribed under sub-section (2) of Section 186 of Companies Act 2013.

Shares of BCC FUBA INDIA LTD. was last trading in BSE at Rs. 177.75 as compared to the previous close of Rs. 174.00. The total number of shares traded during the day was 6112 in over 117 trades.

The stock hit an intraday high of Rs. 182.00 and intraday low of 175.00. The net turnover during the day was Rs. 1086246.00.

Source : Equity Bulls

Keywords

BCCFUBAINDIA INE788D01016 StakeAcquisition IogemsTechnologies