Bizotic Commercial

Bizotic Commercial approved a preferential issue of up to 1.3608 crore convertible warrants to promoter-group and non-promoter allottees, subject to shareholder and other approvals. Each warrant would convert into one equity share within 18 months, with 25% payable upfront and the balance on conversion. The proposed allottees would hold 25.55% of the company after the issue, while three promoter-group entities account for 1.0212 crore of the warrants. The proposal came after FY26 warrant conversions and a 5:1 bonus allotment that lifted paid-up capital to ₹57.852 crore.

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Bizotic Commercial’s board approved a proposal to issue up to 1.3608 crore convertible warrants on a preferential basis to promoter-group and non-promoter allottees, subject to shareholder and other approvals. Promoter-group entities were allocated 1.0212 crore warrants, while nine non-promoter allottees were allocated the remaining 33.96 lakh. Each warrant would convert into one equity share within 18 months, with 25% payable upfront and the balance due on conversion; the proposed issue price was not stated. The annexure showed the allottees’ combined holding rising to 25.55% of the post-issue equity. Bizotic had converted promoter-group warrants during FY26 and completed a 5:1 bonus issue in August, taking paid-up capital to ₹57.852 crore. FY26 sales were about ₹112 crore and net profit was ₹18.09 crore.

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Sept 10 (Reuters) - Bizotic Commercial Ltd BIZO.BO:

• BIZOTIC COMMERCIAL - APPROVES ISSUE OF UP TO 13.6 MILLION CONVERTIBLE WARRANTS AT 10 RUPEES EACH

Source text: ID:nBSE17CBnH

Further company coverage: BIZO.BO

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Bizotic Commercial's board was scheduled to meet on 10 September 2026 to consider raising funds through equity shares and/or convertible warrants on a preferential basis. It was also due to set the date and approve the notice for an extraordinary general meeting. The company had completed a 5:1 bonus issue in August after shares were issued on conversion of promoter-linked warrants during FY26. Bizotic generated about ₹112 crore of sales in FY25, with branded menswear retail accounting for roughly 70% of revenue.

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Sept 7 (Reuters) - Bizotic Commercial Ltd BIZO.BO:

• BOARD TO CONSIDER FUND RAISING VIA EQUITY SHARES AND/OR CONVERTIBLE WARRANTS

Further company coverage: BIZO.BO

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Bizotic Commercial's board approved a 5:1 bonus issue, rewarding shareholders with five new equity shares for every one held. The bonus will be funded from the securities premium account and free reserves, and the record date is yet to be fixed. The company's authorized share capital was also raised to ₹57.86 crore to accommodate the enlarged share count. The board simultaneously approved the annual report, AGM on 1 August, and re-appointments including Managing Director Sanjaykumar Gupta, along with new statutory and internal auditors. The bonus issue remains subject to shareholder approval at the AGM.

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July 2 (Reuters) - Bizotic Commercial Ltd BIZO.BO:

• BIZOTIC COMMERCIAL - APPROVES RE-APPOINTMENT OF SANJAYKUMAR MAHAVIRPRASAD GUPTA AS MANAGING DIRECTOR

• BIZOTIC COMMERCIAL - TO ISSUE BONUS SHARES IN PROPORTION OF 5 FOR EVERY SHARE HELD

Source text: ID:nBSE1DBff7

Further company coverage: BIZO.BO

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Bizotic Commercial said its board will meet on June 25 to consider a bonus issue of equity shares to existing shareholders. The proposal, if approved, would increase the number of shares in circulation without raising additional capital. Bonus issues are typically viewed as a positive signal by management about the company's earnings outlook and cash position. The company, with a market cap of around ₹704 crore, has not indicated the bonus ratio or record date yet. The outcome of the board meeting will be disclosed separately.

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May 7 (Reuters) - Bizotic Commercial Ltd BIZO.BO:

• BIZOTIC COMMERCIAL LTD - APPOINTED DIPAK HARIPRASAD DAVE AS CHIEF FINANCIAL OFFICER

Source text: ID:nBSE2YHsyQ

Further company coverage: BIZO.BO

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Feb 13 (Reuters) - Bizotic Commercial Ltd BIZO.BO:

• BIZOTIC COMMERCIAL LTD - INDERPREET KAUR GULATI RESIGNS AS CFO AND EXECUTIVE DIRECTOR

Source text: ID:nBSEbfZQZ7

Further company coverage: BIZO.BO

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