Radhe Developers India Ltd — Important, 28-01-2026: Company Update
28-01-2026 | 11:30 am
28-01-2026 | 11:30 am
Radhe Developers (India) Limited has received in-principle approval from BSE Limited for issuing 2,51,39,620 equity shares to its promoter. This share issuance is against the conversion of an unsecured loan into equity shares, aligning with regulatory provisions. This move is significant as it strengthens the company's balance sheet by converting debt into equity, thereby optimizing the capital structure and potentially reducing the outstanding loan burden.
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