Pankaj Polymers Ltd — Important, 24-07-2026: Company Update

The company's board has approved several strategic initiatives. This includes appointing M/s. Shilpi Sharma & Co. as new Statutory Auditors. The company plans a preferential issue of 8,55,000 equity shares to non-promoters, raising ₹6.93 Cr, and 22,20,000 warrants convertible into equity shares to promoter and non-promoter groups, raising ₹17.98 Cr, both at ₹81 per share/warrant. Major business changes are also underway: a proposed name change to "Rupia Tech" or similar, updating its business objectives to focus on technology and fintech activities, and relocating its registered office to Delhi. An EGM will be held on August 22 to seek shareholder approvals for these proposals.