The company made announcement before market hours today, 5 January 2015.

Meanwhile, the S&P BSE Sensex was up 20.43 points or 0.07% at 27,908.33.

On BSE, so far 1.08 lakh shares were traded in the counter as against average daily volume of 85,514 shares in the past one quarter.

The stock hit a high of Rs 17.40 and a low of Rs 15.50 so far during the day. The stock hit a record high of Rs 20.58 on 23 September 2014. The stock hit a 52-week low of Rs 5.03 on 28 February 2014.

The stock had underperformed the market over the past one month till 2 January 2015, falling 3.5% compared with Sensex's 1.96% fall. The scrip had also underperformed the market in past one quarter, declining 0.33% as against Sensex's 4.97% rise.

The small-cap construction and infra- structure development company has equity capital of Rs 20.54 crore. Face value per share is Re 1.

B L Kashyap and Sons said that the proposal of the company regarding the restructuring of its debt has been approved by the CDR Empowered Group of Corporate Debt Restructuring Cell and communicated vide its Provisional Letter of Approval dated 31 December 2014. The company is in the process of executing Master Restructuring Agreement (MRA) with the CDR lenders.

B L Kashyap and Sons reported net loss of Rs 10.46 crore in Q2 September 2014 compared with net loss of Rs 3.01 crore in Q2 September 2013. The company's total income fell 48.3% to Rs 194.42 crore in Q2 September 2014 over Q2 September 2013.