Raj Oil Mills Limited — Important, 10-03-2025: Updates

Raj Oil Mills Limited has reported an inter-se transfer of shares among its promoters. The transaction involves the acquisition of approximately 1,575,163 shares from Rubberwala Housing Infrastructure Private Ltd, which accounts for about 7.47% of the company's total share capital. The transfer complies with exemptions under SEBI regulations, indicating an off-market transaction. The average market price for the shares, over the preceding 60 trading days, was around Rs. 52. This shift in shareholding among promoters may reinforce their consolidated control within the company, suggesting stability in governance. Investors should watch this development closely as it could signal confidence in long-term strategies.