Ramdevbaba Solvent Limited — Board Meeting, 15-02-2025: Outcome of Board Meeting

The Board of Directors has announced a board meeting to address the allotment of 7,36,000 equity shares and 11,37,600 convertible warrants under a preferential issue. The equity shares are priced at ₹139 each, increasing the paid-up equity share capital from ₹221.25 crore to ₹228.61 crore. Upon conversion of the warrants, the capital will rise to ₹239.99 crore. The new shares will be listed on NSE Emerge and are subject to a lock-in period as per regulatory requirements.