Rajkamal Synthetics Ltd — Important, 02-01-2026: Company Update

Rajkamal Synthetics' board approved an investment to subscribe to equity shares of Indoframe Industries Private Limited, making it a subsidiary. This strategic move aims to expand the company's business operations using internal funds. Indoframe Industries is involved in manufacturing and fabricating iron and steel structures. Rajkamal Synthetics will acquire 15,35,100 equity shares at Rs. 10 each, securing a 51.00% stake in Indoframe's post-issue capital, with completion expected within the current financial year.