BCL Industries Ltd to sell land, acquire additional stake in Svaksha Distillery Ltd

The Board of Directors of BCL Industries Limited at its meeting held on 4th day of December, 2025, has, approved the sale of Company's land situated at Hazi Ratan Link Road, Bathinda and authorized Mr. Rajinder Mittal, Managing Director to find suitable buyer, negotiate the sale price, execute necessary applications, forms, deeds, agreements, letter of undertakings (LUT), authorization and other documents with respect to the proposed sale of land.

The board approved proposal for acquiring additional 25% stake in M/s. Svaksha Distillery Limited (CIN- U74900WB2014PLC202126), subsidiary of the Company, in one or more tranches, thereby making it a 100% subsidiary of BCL Industries Limited.

This strategic acquisition will enable BCL to further consolidate its control over Svaksha Distillery Limited and this move is expected to significantly strengthen BCL's position as a leader in the grain-based ethanol sector in India. Post-acquisition, Svaksha Distillery Limited will become a wholly owned subsidiary of BCL Industries Ltd. The acquisition will have a total investment outlay of approx. INR 55 Cr.

Source : Equity Bulls

Keywords

BCLIndustries LandSale StakeAcquisition SvakshaDistillery