BSECompany Update2 Nov 2026 · 2 Nov 2026, 08:48 pm
Pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, we wish to inform you that 68,83,000 outstanding warrants issued by the Company on preferential basis on February 14, 2025, have been forfeited upon expiry of the stipulated period for exercising the conversion option.
Rajkamal Synthetics Ltd · 514028
✦ AI Summary
Rajkamal Synthetics Ltd has forfeited 68,83,000 outstanding warrants issued on February 14, 2025, due to non-exercise of the conversion option within the stipulated time.
Analysis Scores
Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact8/10
Market Sentiment5/10
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Rajkamal Synthetics Ltd - 514028 - Intimation Regarding Forfeiture Of 68,83,000 Warrants Upon Expiry Of The Conversion Period Pursuant To Regulation 30 Of SEBI (LODR) Regulations, 2015
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RAJKAMAL SYNTHETICS LIMITED
CIN: L45100MH1981PLC024344
Regd. Off.: 411, Atlanta Estate Premises Co. Op. Soc. Ltd, G.M Link Road,
Goregaon (East), Mumbai – 400063.
Email: rajkamalsynthetics@gmail.com Contact No. 022-48255368,46056970.
Date: November 02, 2026
BSE Limited,
The General Manager,
Department of Listing Operations
Phiroze Jeejeebhoy Towers,
Dalal Street, Mumbai – 400001.
Trading Symbol: RAJKSYN
Scrip Code: 514028
Dear Sir/Madam,
Subject: Intimation under Regulations 30 of Securities Exchange Board of India (Listing
Obligations and Disclosure Requirements) Regulations, 2015 ("SEBI Listing Regulations").
Dear Sir/Madam,
This is in furtherance of the intimation dated 14/02/2025 wherein the Board of the Directors
of the Rajkamal Synthetics Limited (“the Company”) had allotted 6985000 Warrants of face
value of Rs. 10/- (Rupees Ten Only) each at an issue price of Rs. 43.50/- per warrant on
preferential basis with a right to the respective warrant holder(s) to apply for and be allotted
1 (One) Equity Share of the face value of Rs. 10/- (Rupees Ten Only) each of the Company
(“Equity Shares”) within a period of 18 (Eighteen) months from the date of allotment of the
Warrants i.e., from 14/02/2025. The Company on 18/02/2025 had converted 102000 warrants
into equity shares and the balance 6883000 warrants were pending to be converted into equity
shares.
The last date for exercising the option for conversion of warrants into equity shares was
13/08/2026. In view of the non-exercise of the conversion option by the persons in respect of
6883000 warrants within the stipulated time, the outstanding warrants stand forfeited as per
provisions of Regulation 169(3) of Chapter V of Securities and Exchange Board of India (Issue
of Capital and Disclosure Requirements) Regulations, 2018.
We request you to take the above on record and same be treated as compliance under the
applicable regulations under the Securities and Exchange Board of India (Listing Obligations
and Disclosure Requirements) Regulations, 2015.
Kindly take this intimation on record in compliance with applicable statutory provisions.
Thanking you
RAJKAMAL SYNTHETICS LIMITED
CIN: L45100MH1981PLC024344
Regd. Off.: 411, Atlanta Estate Premises Co. Op. Soc. Ltd, G.M Link Road,
Goregaon (East), Mumbai – 400063.
Email: rajkamalsynthetics@gmail.com Contact No. 022-48255368,46056970.
Yours faithfully,
For RAJKAMAL SYNTHETICS LIMITED
Ankur Ajmera
Managing Director & CEO
(DIN: 07890715)