Radha Madhav Corporation Limited — Others, 03-07-2025: Disclosure under SEBI Takeover Regulations

Radha Madhav Corporation Limited has announced a board meeting to approve the financial results for the quarter and half-year. The company is implementing a resolution plan approved by NCLT Ahmedabad, which included a capital reduction from 9.13 crore shares to 6.82 lakh shares. Post-plan, promoter shareholding was reset to nil, with fresh allotments totaling 1.27 crore shares pending listing and dematerialization. The company has applied to NSE and BSE for share capital reduction approval and currently holds a temporary ISIN. Shareholding patterns still reflect old promoters due to pending listing approvals, though their holdings have legally become nil.