Rulka Electricals has announced a board meeting. Key outcomes include approval of the Director's Report and the notice for the 13th Annual General Meeting. The Register of Members will be closed for AGM purposes.
Rulka Electricals scales its project portfolio to ₹128+ Cr across 6 states with 24 active sites, including a ₹34.24 Cr Lucknow airport project. It secured a new ₹7 Cr order and reports ₹60+ Cr revenue visibility from advanced stage projects.
RULKA Electricals announced new domestic orders worth ₹ 6.32 Cr for electrical and fire fighting projects. These projects, spanning various locations, reinforce its focus on high-margin work and are slated for completion within 2-7 months.
Rulka Electricals Board approved issuing 5.69 Cr fully convertible warrants (~Rs 62.23 Cr value) and 0.18 Cr equity shares (~Rs 2.00 Cr value) via preferential allotment, all at Rs 109.50 each. The company's paid-up capital is now Rs 4.91 Cr.
