RCI Industries & Technologies Ltd — Important, 01-12-2025: Company Update

The company's board has approved a significant capital restructuring following a court-ordered resolution plan. All existing promoter shares have been cancelled, and public shareholding has been substantially reduced to 5% of the company's post-plan capital. Concurrently, 1 crore new equity shares, valued at INR 10 crore, were allotted to JTL Industries Limited, establishing them as the new promoter with a 95% stake. This action fundamentally reshapes the company's ownership and capital structure, marking a new phase for its business operations. The company also changed its registered office.