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Rushil Decor LimitedBoard Meeting, 17-03-2025: Outcome of Board Meeting

17-03-2025 · 01:41 pm

The Fund Raising Committee of Rushil Decor Limited has approved the allotment of 1.1 crore equity shares at a face value of ₹1 each to a promoter upon the conversion of warrants on a preferential basis. The total amount received for this conversion is ₹32.67 crore. This decision highlights the company's strategy to enhance its capital through equity financing, potentially strengthening its balance sheet and supporting future growth initiatives. The details of the allotment are documented for further reference.

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