Rotographics (India) Ltd — Important, 10-07-2026: Company Update
10-07-2026 | 06:41 pm
10-07-2026 | 06:41 pm
Rotographics' board approved a significant strategic shift. The company plans to acquire up to 51% of Teneron Limited, an aluminium recycling firm with FY25 revenue of 7,080.04 Cr, marking a foray into non-ferrous metals. To align with this new direction, a name change to Novalum Materials Limited is proposed. The board also approved increasing loan/investment limits to 100 Cr and borrowing limits to 100 Cr, along with raising authorized share capital from 25 Cr to 40 Cr. A 1:5 stock split (Rs.10 to Rs.2) aims to boost liquidity and investor accessibility. All major changes await shareholder approval.
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