RACL Geartech Limited — QIP/Rights/Pref., 12-05-2025: Issue of Securities

RACL Geartech Ltd. is issuing 1,006,480 equity shares at around Rs. 795 each via a preferential allotment to qualified and non-qualified institutional buyers, raising about Rs. 8 crore. The funds are targeted to support growth or strengthen the balance sheet. The issue gives institutional investors a priced entry into the company, with allotment and listing to be completed soon.