ALPHA TRIBE

Rotographics (India) LtdImportant, 11-07-2026: Company Update

11-07-2026 | 12:36 pm

Rotographics (India) Limited's board has approved several strategic initiatives. The company plans a 1-for-5 equity share split, lowering face value from ₹10 to ₹2, aiming to boost liquidity and accessibility for investors. A significant move includes acquiring up to 51% of Teneron Limited, an aluminium recycling firm, marking a strategic entry into the non-ferrous metal sector. This involves an approved Rs. 250 Cr related party transaction. The company also intends to change its name to Novalum Materials Limited, aligning with its future business direction. Additionally, the board approved increasing borrowing and investment limits to ₹100 Cr each. All these key proposals await shareholder approval.

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