Royal India Corporation Ltd — Important, 26-09-2025: Company Update
26-09-2025 | 05:02 pm
26-09-2025 | 05:02 pm
Royal India Corporation Limited's Allotment Committee has approved the conversion of 85 lakh convertible warrants into an equal number of equity shares. These new shares, each with a face value and issue price of Rs. 10, have been allotted to India Corporation Limited (Promoter/Promoter Group). This allotment grants India Corporation Limited a 7.21% stake in the company's post-issue shareholding. Consequently, the company's total issued, subscribed, and paid-up share capital is now Rs. 117.97 crore, marking a significant change in its capital structure and shareholder composition.
No comments yet. Be the first to comment!
