Rajkot Investment Trust Ltd — Updates, 26-05-2025: Company Update

Rajkot Investment Trust Ltd. has announced a board meeting on which it approved the audited standalone and consolidated financial results for the half year and financial year ended 31st March, 2025. The company received in-principle approval for a proposed Rights Issue of fully paid-up equity shares. Mr. Akhilesh Kumar Choudhary was appointed as Additional Director (Non-executive Chairman), subject to shareholder approval. Mr. Parthkumar Ketanbhai Patel resigned as Chief Financial Officer, and Mrs. Radhika Ben Patel was appointed as the new CFO. The Audit, Nomination and Remuneration, and Stakeholders Relationship Committees were reconstituted following the resignation of independent director Hemant Naginbhai Patel. The audit report carried an unmodified opinion.