BigBloc Construction Ltd. (BSE: 540061), one of India’s largest AAC block manufacturers, announced that its promoter group has increased its stake to 72.72% through open market purchases. Mrs. Madhu Narayan Saboo acquired 16,022 shares on August 20 and 34,648 shares on August 21, raising her holding to 5.78%. Mr. Narayan Sitaram Saboo (HUF) acquired 23,634 shares on August 19, further consolidating promoter ownership.
Chairman Narayan Saboo stated, “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.”
The company reported Rs56.36 crore in revenue and Rs1.29 crore EBITDA in Q1FY26, marking a 9.3% YoY growth. It has diversified into construction chemicals with products like Block Jointing Mortar, Ready Mix Plaster, and Tile Adhesives. BigBloc also acquired 57,500 sq. mts. of land in Indore to set up India’s largest greenfield AAC block facility, with all key approvals secured.
With Phase 2 expansion of its Wada facility completed, BigBloc’s installed capacity now stands at 1.3 million cubic meters annually. On the sustainability front, it expanded solar power capacity to 2,375 kW, meeting 22% of energy needs through renewables, and launched its ESG Profile on ESG World to align with global benchmarks.
The company has appointed Mr. Saurabh Gupta as Independent Director and scheduled its 10th AGM for September 30, 2025, via video conference. Let me know if you’d like this adapted for investor updates or social media.
