Baladna successfully completes capital increase, lists new shares on QSE

Doha, Qatar - Baladna, the largest dairy and beverage producer in Qatar, has successfully completed its capital increase via a rights issue, with the newly issued shares now trading on the Qatar Stock Exchange (QSE). The Qatar Stock Exchange celebrated this milestone with a bell-ringing ceremony, attended by senior officials and representatives from both Baladna and the exchange.

The issuance involved offering 535,996,240 new shares to existing shareholders on a one-for-four basis, priced at QR1.01 per share. The subscription period closed on August 17, 2026, and the company completed the sale of the remaining 120,507,405 unsubscribed shares on the opening day of trading, achieving 100% coverage.

This transaction has increased the company's issued and paid-up share capital from QR2,143,984,962 to QR2,679,981,202, representing a 25% rise. Baladna's share capital now consists of 2,679,981,202 shares, highlighting the company's commitment to strengthening its capital base and diversifying its financing sources to support its regional and international expansion plans.

Baladna's Chairman, Moutaz Al Khayyat, expressed that the successful completion of this capital increase is a significant milestone in the company's growth journey, reflecting strong confidence from shareholders in the organization's strategy and future plans. He added, "The full sale of the remaining shares reflects strong investor demand for Baladna shares, with the company's share price closing the trading session up 1.51% at QR1.28, confirming the success and completion of the issuance process."

Qatar Stock Exchange CEO Abdulla Mohammed Al Ansari emphasized the importance of this milestone, stating that the completion of the listing of Baladna's capital increase shares marks a crucial step in enabling listed companies to access capital markets and benefit from diverse financing solutions that support their growth and expansion plans. He also praised the efficiency of coordination and collaboration among regulators, market infrastructure institutions, and market participants involved in the transaction.