Rockingdeals Circular Economy Limited — Others, 29-01-2025: Corrigendum
Rockingdeals Circular Economy Limited has announced a board meeting on February 3, 2025, to discuss a corrigendum related to the Extra Ordinary General Meeting (EGM) notice. The company is seeking shareholder approval for a preferential issue of equity shares and convertible warrants, aiming to issue up to 5,43,400 equity shares at an issue price of ₹535 each and up to 2,20,250 convertible warrants. The changes were made following observations from the National Stock Exchange. This issuance is expected to enhance the company’s capital base, bolstering its operational capacity. Investors may view this as a positive outlook for the company's liquidity and growth potential while being mindful of dilution risks.
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