Rajasthan Gases Ltd — Updates, 14-08-2025: Company Update

The board of Rajasthan Gases Limited has approved its financial results for the quarter ended June 30, 2025, reporting a profit of 9.60 Cr. Significantly, the company plans to change its name, with options including 'Rajasthan Ventures Limited,' signaling a strategic shift. This aligns with approved alterations to its main business objectives, now including general trading of diverse goods and engaging in financial market activities like shares and derivatives. The board also approved, based on the Audit Committee's suggestion, increasing borrowing and investment limits to 500 Cr each. A new statutory auditor was appointed following the previous firm's resignation due to a peer review certificate delay.