BlackBuck Limited’s Board of Directors convened on October 29, 2026, to review and approve the un-audited financial results for the quarter and half-year ended September 30, 2026. Key decisions included approving a corporate guarantee of INR 40 Crores for a term loan facility for its subsidiary, Blackbuck Finserve Private Limited, and approving the grant of 34,399 stock options to eligible employees under its ESOP 2016 scheme. Mr. Abhishek Singh’s designation was changed to Chief Business Officer.
BlackBuck Limited Board Meeting Highlights
On Thursday, October 29, 2026, BlackBuck Limited’s Board of Directors held a meeting where several significant decisions were made. The Board reviewed and approved the un-audited standalone and consolidated financial results for the quarter and half-year that concluded on September 30, 2026. This approval was accompanied by the Limited Review Report from M/s BSR & Co. LLP, Chartered Accountants.
Corporate Guarantee and Subsidiary Financing
A significant financial resolution involved the approval of a corporate guarantee amounting to Rs. 40,00,00,000/- (Rupees Forty Crores Only). This guarantee is in favour of Axis Bank Limited and is intended to secure a term loan facility of the same amount to be availed by Blackbuck Finserve Private Limited, a material wholly owned subsidiary of the Company.
Human Resources and Employee Incentives
In line with its human capital strategy, the Board approved a change in designation for Mr. Abhishek Singh. He has been appointed as the Chief Business Officer (“CBO”), a Senior Management Personnel (“SMP”) role within the Company. Furthermore, based on the recommendation of the Nomination and Remuneration Committee, 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. The meeting commenced at 12:50 PM (IST) and concluded at 2:09 PM (IST).
Financial Disclosures
The unaudited standalone financial results for the quarter ended September 30, 2026, show revenue from operations of Rs. 2,318.40 million and a profit before tax of Rs. 448.17 million. For the half-year ended September 30, 2026, revenue from operations stood at Rs. 4,330.74 million with a profit before tax of Rs. 863.28 million. The company’s unaudited consolidated financial results for the quarter ended September 30, 2026, reported revenue from operations of Rs. 2,353.30 million and a profit before tax of Rs. 428.17 million. For the half-year ended September 30, 2026, consolidated revenue from operations was Rs. 4,394.98 million with a profit before tax of Rs. 849.39 million.
Source: BSE
