Desh Rakshak Aushdhalaya Ltd — Updates, 05-05-2025: Company Update

Desh Rakshak Aushdhalaya Limited has announced a board meeting to seek shareholder approval for a preferential issue of 12,60,000 equity shares with a face value of Rs.10 each. The issue price has been set at a minimum of Rs.22 per share, based on an independent valuation due to the infrequent trading of the company's shares. The allotment represents more than 5% of the post-issue fully diluted share capital to a single allottee. Compliance with all applicable legal and regulatory requirements has been certified by a practicing company secretary.