Ramdevbaba Solvent Limited — Others, 10-01-2025: Corrigendum

Ramdevbaba Solvent Limited has issued a corrigendum to its notice for the upcoming Extra-Ordinary General Meeting (EOGM) scheduled for January 16, 2025. The update clarifies amendments regarding the proposed preferential issue of equity shares and its intended utilization, which includes increasing equity in RBS Renewables Private Limited, facilitating generational corporate requirements, and addressing a calculation error in a previously issued valuation report. The company aims to enhance its stake in RBS Renewables, positioning it as a subsidiary. This move reflects a strategic push towards renewable energy, potentially fostering a positive outlook among investors keen on sustainable investments.