Rishab Special Yarns Ltd — Important, 01-03-2026: Company Update

Rishab Special Yarns Limited has initiated a postal ballot for shareholders to approve a preferential issue. The Board approved issuing up to 4 Cr equity shares and 2 Cr convertible warrants, totaling up to 6 Cr shares, at Re. 1 each. This fundraising initiative targets promoters and non-promoters, aiming to bolster working capital, fund business expansion, and meet general corporate needs. Shareholders will participate in the voting process. This move is crucial for the company's financial strengthening and growth plans.