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 March 31, 2025. The board took note of in-principle approval for a proposed rights issue of fully paid-up equity shares. Mr. Akhilesh Kumar Choudhary was appointed as an additional non-executive chairman director, subject to shareholder approval. Mr. Parthkumar Ketanbhai Patel resigned as Chief Financial Officer due to other commitments, and Mrs. Radhika Ben Patel was appointed as the new CFO. The board also accepted the resignation of Mr. Hemant Naginbhai Patel as an independent director and reconstituted key committees accordingly. The auditor issued an unmodified opinion on the financial results.