Ramdevbaba Solvent Limited — Board Meeting, 20-12-2024: Outcome of Board Meeting

The Board of Directors approved the issuance of 7,36,000 equity shares at an offer price of ₹139 each, aiming to raise approximately ₹10.23 Cr from non-promoters. Additionally, it authorized the issuance of 11,37,600 convertible warrants at the same price to promoters, potentially raising around ₹15.81 Cr. An Extra-Ordinary General Meeting is scheduled for 16th January 2025, during which these fundraising initiatives will be discussed further, alongside other matters. Book closure dates are set from 10th to 16th January 2025, with eligibility for voting confirmed around a record date of 9th January 2025.