Desh Rakshak Aushdhalaya Ltd — Others, 05-05-2025: AGM/EGM

Desh Rakshak Aushdhalaya Limited has announced a board meeting to approve a preferential issue of up to 12.6 lakh equity shares at Rs. 22 each, aimed at raising Rs. 2.77 Cr to fund working capital needs and general corporate purposes. These shares will be allotted to four non-promoter investors, increasing the total share capital and diluting promoter holding from 64.28% to 50.07%. The shares will be fully paid, listed, and locked in as per applicable norms, with allotment to be completed within 15 days post-approval. The issue price is based on an independent valuation given the shares' infrequent trading.