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Bhagwan Marine Ends Substantial Holder Status

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Bhagwan Marine Ends Substantial Holder Status

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Bhagwan Marine Ltd. ( (AU:BWN) ) has shared an announcement.

Bhagwan Marine Limited announced the cessation of its status as a substantial holder of its own shares as of August 29, 2025. This change follows the end of restrictions on the disposal of shares under voluntary escrow arrangements, which were initially described in a prospectus lodged in June 2024. The release from escrow affects 134,920,032 ordinary fully paid shares, representing 49.1% of the company’s voting securities.

The most recent analyst rating on (AU:BWN) stock is a Buy with a A$0.80 price target. To see the full list of analyst forecasts on Bhagwan Marine Ltd. stock, see the AU:BWN Stock Forecast page.

More about Bhagwan Marine Ltd.

Average Trading Volume: 290,432

Technical Sentiment Signal: Strong Buy

Current Market Cap: A$154.1M

See more data about BWN stock on TipRanks’ Stock Analysis page.

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