RIR Power Electronics Ltd — Important, 15-09-2025: Company Update

RIR Power Electronics disclosed that Multitude Growth Funds Limited has significantly increased its stake in the company. Through a preferential allotment involving the conversion of warrants, the non-promoter investor acquired an additional 2,835,150 equity shares. This transaction raised Multitude Growth Funds' total holding from 3,174,850 shares (4.14%) to 6,010,000 shares, representing 7.55% of the company's equity capital. This increased institutional holding is a key development for investors, reflecting enhanced confidence and a notable shift in the company's ownership landscape.