BigBloc Construction Limited’s promoter group has acquired an additional 74,304 shares from the open market, increasing their stake to 72.72%. Mrs. Madhu Narayan Saboo, a member of the promoter group, acquired 16,022 equity shares on August 20 and 34,648 equity shares on August 21. Mr. Narayan Sitaram Saboo (HUF) also acquired 23,634 equity shares on August 19.
The company’s revenue from operations for Q1 FY26 was Rs. 56.36 crore, with EBITDA of Rs. 1.29 crore. BigBloc Construction has entered the construction chemicals segment with products like Block Jointing Mortar, Ready Mix Plaster, and Tile Adhesives. The company has also acquired 57,500 sq. mts. of land in Indore, Madhya Pradesh, to establish India’s largest greenfield AAC block facility.
Commenting on the development, Narayan Saboo, Chairman, BigBloc Construction Ltd, said, “The promoter group’s additional stake acquisition reflects our strong belief in the company’s growth trajectory. With ongoing expansion, entry into construction chemicals, focus on ESG, and the upcoming greenfield AAC block facility in Madhya Pradesh, we are well-positioned to strengthen our leadership in sustainable building materials.”
