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Rajkot Investment Trust informs about outcome of board meeting

31 Dec 2024 Evaluate

Rajkot Investment Trust has informed that the Board of Directors of the Company at their meeting held on Tuesday, December 31, 2024, considered and approved the following: Raising of funds by way of issue of equity shares of the Company of face value Rs.10/- (‘Equity Shares’) each for an aggregate amount not exceeding Rs.49,00,00,000/- on Right issue basis, on such terms and conditions as may be decided by the Board of Directors of the Company to the eligible equity shareholders of the Company, as on the record date (to be notified subsequently) subject to the receipt of applicable regulatory, statutory approvals, in accordance with the provisions of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018, Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements), Regulations, 2015, and the Companies Act, 2013 and the rules made thereunder, as amended from time to time, (‘Rights Issue’). The detailed terms of Right issue including the procedure for applying in the Right issue will be specified in the letter of offer which will be sent by the company to the eligible shareholders holding equity shares of the Company as on the record date in due course of time. The additional details with respect to Regulation 30 read with Para A of Part A of Schedule III of the Listing Regulations, SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 November 11, 2024, are enclosed.

The above information is a part of company’s filings submitted to BSE.

Rajkot Investment Share Price

41.47 1.97 (4.99%)
13-Apr-2026 16:59 View Price Chart
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