RSWM Limited — Board Meeting, 10-03-2025: Outcome of Board Meeting

RSWM Limited has announced a board meeting outcome where it approved a significant investment transaction involving a share subscription and shareholders’ agreement with Singularity Growth Opportunities Fund II and Bhilwara Energy Limited. Singularity will invest ₹250 crore, acquiring approximately 9.6% of BEL’s equity via the issuance of nearly 1.76 crore shares. Additionally, Singularity retains an option to invest another ₹250 crore, contingent on specific conditions. Post-transaction, RSWM's shareholding in BEL will decrease to 6.83%. This move underlines RSWM's commitment to enhancing its strategic presence within BEL.