Beezaasan Explotech Approves ₹29 Crore Preferential Issue Led By Kacholia

Board approved preferential issue of 5,13,772 shares at Rs570 for Rs29.28Cr to 4 public investors and hike in authorised capital to Rs46Cr; deferred further stake buy in AEL. First cash preferential to outsiders led by marquee investor Ashish Kacholia; extends rising valuation trend vs prior share-swap raise and pauses further associate stake build to explore alternatives. Promoter holding to dip to 72.54% with mild dilution; authorised hike creates large future issuance headroom. EGM on 13 Oct to approve; use of proceeds not disclosed.