BlackBuck Limited’s Board of Directors convened on October 29, 2026, to approve the un-audited financial results for the quarter and half-year ended September 30, 2026. The board also sanctioned a ₹40 crore corporate guarantee for a term loan facility availed by its subsidiary, Blackbuck Finserve Private Limited. Additionally, stock options equivalent to 34,399 equity shares were granted to eligible employees under the ESOP 2016 scheme.
Board Meeting Outcome
BlackBuck Limited announced the outcomes of its Board of Directors meeting held on Thursday, October 29, 2026. The meeting, which commenced at 12:50 PM IST and concluded at 2:09 PM IST, addressed several key financial and operational matters.
Financial Results Approved
The Board approved the un-audited financial results, both standalone and consolidated, for the quarter and half-year ended September 30, 2026. These results, along with the Limited Review Report issued by M/s BSR & Co. LLP, Chartered Accountants, have been furnished.
Corporate Guarantee Sanctioned
A significant financial decision involved the approval of a corporate guarantee of ₹40,00,00,000/- (Rupees Forty Crores Only). This guarantee is in favor of Axis Bank Limited and is intended to secure a term loan facility for Blackbuck Finserve Private Limited, a material wholly owned subsidiary of the Company.
Management Changes and Stock Options
In personnel-related decisions, Mr. Abhishek Singh’s designation was changed to Chief Business Officer (CBO), continuing his role as Senior Management Personnel (SMP). Furthermore, the Board approved the grant of stock options equivalent to 34,399 equity shares under the BlackBuck Limited Employee Stock Option Scheme 2016 (“ESOP 2016”) to eligible employees, based on the recommendation of the Nomination and Remuneration Committee.
Additional Disclosures
The company has enclosed details required under Regulation 30 read with Schedule III of SEBI Listing Regulations and Master SEBI Circular No. HO/49/14/14(7)2025-CFD-POD2/I/3762/2026, dated January 30, 2026, as annexures to this disclosure.
Source: BSE
