Rajkamal Synthetics Ltd — Updates, 18-06-2025: Company Update

Rajkamal Synthetics Limited has announced a board meeting and approved in principle the proposal to incorporate a wholly owned subsidiary named EliraLuxe Skincare Private Limited with an initial paid-up capital of Rs. 1 Cr. This strategic move indicates the company's intent to expand into the skincare segment, potentially diversifying its business operations and creating new growth avenues for shareholders. The incorporation is subject to regulatory approvals. Further details will be shared once the subsidiary is formally registered.