Desh Rakshak Aushdhalaya Ltd — Updates, 29-05-2025: Company Update
29-05-2025 | 05:25 pm
29-05-2025 | 05:25 pm
Desh Rakshak Aushdhalaya Limited has announced a board meeting to approve raising funds by issuing 12.6 lakh equity shares at Rs. 22 each (including Rs. 12 premium) through a preferential allotment. The total capital raise is Rs. 2.77 Cr. Four non-promoter investors—Navneet Chaturvedi, Ruchika Chaturvedi, Victoria Rao Pippal, and Rashmi Kumari—are proposed allottees. The allotment is subject to required regulatory approvals. This move will strengthen the company’s financial position and potentially support growth initiatives.
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