BSECompany Update6 Aug 2026 · 6 Aug 2026, 06:54 pm
This is furtherance of our intimation dated 14th July,2026, wherein we informed that the Board of Directors of the Company has approved incorporation of a wholly owned subsidiary of the ....
Rajasthan Securities Ltd · 526873
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Rajasthan Securities Ltd has informed the exchange about the incorporation of a wholly-owned subsidiary, RSL Securities Private Limited, in India, as approved by the Board of Directors on July 14, 2026.
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Earnings Impact2/10
Growth Catalyst4/10
Governance Concern1/10
Regulatory Risk1/10
Balance Sheet Risk1/10
Liquidity Impact5/10
Market Sentiment5/10
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Full Announcement
Rajasthan Securities Ltd - 526873 - Announcement under Regulation 30 (LODR)-Updates on Acquisition
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RAJASTHAN SECURITIES LIMITED
(Previously known as Rajasthan Gases Limited)
Date: 06/08/2026
The Manager,
Corporate Relationship Department,
Bombay Stock Exchange,
1st Floor, New Trading Ring,
Rotunda Building, P.J. Towers,
Dalal Street, Fort,
Mumbai – 400001.
REF : SCRIP CODE 526873
Sub: Disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulation, 2015 - Incorporation of Wholly-owned Subsidiary
This is furtherance of our intimation dated 14th July,2026, wherein we informed that the Board of
Directors of the Company has approved incorporation of a wholly owned subsidiary of the Company in
India and the details in terms of Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015 were given in the said intimation. A copy of the said intimation is
annexed for reference.
In this connection, we further inform that RSL Securities Private Limited has been incorporated as
wholly owned subsidiary of the Company, on 6th August, 2026, having registered office in Nagpur,
Maharashtra. The Certificate of Incorporation has been issued by the Ministry of Corporate Affairs,
Government of India, on 6th August, 2026.
You are requested to take the above submission on record.
Yours Faithfully,
For Rajasthan Securities Limited
(Formerly known as Rajasthan Gases Limited)
Nik hilesh Digitally signed by
Nikhilesh Narendrakumar
Nar endrakuma Khandelwal
r Kh andelwal D +0a 5te '3: 02 '026.08.06 18:14:07
Nikhilesh Khandelwal
Managing Director
DIN 06945684
Registered Office: Shop No.107, Plot no. 268, Honey Arjun Kauslya tower, C.A ROAD,
Lakadganj, Nagpur - 440008, Maharashtra, India
Contact :9371001503, Email : info@rajasthangasesltd.com
Web : www.rsl.in CIN : L64990MH1993PLC272204
RAJASTHAN SECURITIES LIMITED
(Previously known as Rajasthan Gases Limited)
Date: 14/07/2026
The Manager,
Corporate Relationship Department,
Bombay Stock Exchange,
1st Floor, New Trading Ring,
Rotunda Building, P.J. Towers,
Dalal Street, Fort,
Mumbai – 400001.
REF : SCRIP CODE 526873
Sub: Intimation under Regulation 30 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulation, 2015 - Formation of Wholly Owned Subsidiary
Outcome of the Meeting of the Board of Directors held on 14th July,2026
Pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, we wish to inform you that the Board of Directors of the Company, at
its Meeting held today i.e on 14th July,2026 at 4.00 PM at the registered office of the company, has
approved the incorporation of a Wholly Owned Subsidiary in India.
The relevant details as required under the SEBI Listing Regulations read with SEBI Master Circular No.
SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024 and SEBI Circular No.
SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024 (collectively referred to as “SEBI
Circulars”) are enclosed as Annexure - A.
The meeting commenced at 04.00 P.M. and concluded at 5.35 P.M.
You are requested to take the above submission on record.
Yours Faithfully,
For Rajasthan Securities Limited
(Formerly known as Rajasthan Gases Limited)
Nikhilesh Digitally signed by
Nikhilesh Narendrakumar
Narendrakuma Khandelwal
r K handelwal Date: 2026.07.14 17:47:34
+05'30'
Nikhilesh Khandelwal
Managing Director
DIN 06945684
Registered Office: Shop No.107, Plot no. 268, Honey Arjun Kauslya tower, C.A ROAD,
Lakadganj, Nagpur - 440008, Maharashtra, India
Contact :9371001503, Email : info@rajasthangasesltd.com
Web : www.rsl.in CIN : L64990MH1993PLC272204
RAJASTHAN SECURITIES LIMITED
(Previously known as Rajasthan Gases Limited)
ANNEXURE A
Details required under Regulation 30 of SEBI LODR
Particulars Disclosure
The name of the proposed Wholly-owned
Subsidiary (“WOS”) will be as may be
approved by the Ministry of Corporate Affairs
(“MCA”), Government of India. The necessary
update will be given once the WOS is
Name of the target entity,
details in brief such as size, turnover etc.; incorporated.
Proposed authorized and paid-up share capital:
Rs. 1,00,00,000/-
Size/Turnover: Not applicable
The proposed WOS will be a related party of
the Company upon incorporation thereof. Save
whether the acquisition would fall within related party
and except as mentioned above, the promoter/
transaction(s) and whether the promoter/ promoter
promoter group/ group companies are not
group/ group companies have any interest in the entity
interested in the proposed WOS.
being acquired? If yes, nature of interest and details
thereof and whether the same is done at “arm’s length”;
However the company has no promoter,
promoter group and group company as on
today.
The proposed company will carry on business
of general trading, Trading in securities and in
industry to which the entity being acquired belongs
line with the main business activity of
Rajasthan Securities Limited.
The subsidiary proposed to be incorporated to
undertake General Trading, Trading in
objects and impact of acquisition (including but not Securities and allied business activity and
limited to, disclosure of reasons for acquisition of target support the Company's long-term growth
entity, if its business is outside the main line of business strategy.
of the listed entity);
The business of the Wholly Owned Subsidiary
is not outside the main line of business of the
Company.
Registered Office: Shop No.107, Plot no. 268, Honey Arjun Kauslya tower, C.A ROAD,
Lakadganj, Nagpur - 440008, Maharashtra, India
Contact :9371001503, Email : info@rajasthangasesltd.com
Web : www.rsl.in CIN : L64990MH1993PLC272204
RAJASTHAN SECURITIES LIMITED
(Previously known as Rajasthan Gases Limited)
Particulars Disclosure
The incorporation of the proposed WOS is
subject to the approval of the MCA and other
brief details of any governmental or regulatory
relevant statutory/regulatory authorities as may
approvals required for the acquisition;
be applicable.
The incorporation of the proposed WOS will be
completed subject to receipt of approvals of the
Indicative time period for completion of the statutory/regulatory authorities as may be
acquisition applicable.
The necessary update will be given once the
WOS is incorporated.
The proposed initial capital of the Wholly
Owned Subsidiary will be in the form of cash.
consideration - whether cash consideration or share
swap or any other form and details of the same;
Subscription to equity share capital up to Rs.
1,00,00,000/- (Rupees One Crore only).
The Company will be Wholly Owned
Subsidiary of Rajasthan Securities Limited,
Percentage of shareholding/control
hence shareholding will be 100% (except
nominee shareholding, as required under
Law).
brief background about the entity acquired in terms of
products/line of business acquired, date of
incorporation, history of last 3 years turnover, country Not Applicable.
in which the acquired entity has presence and any
other significant information (in brief);
Yours Faithfully,
For Rajasthan Securities Limited
(Formerly known as Rajasthan Gases Limited)
Nikhilesh Digitally signed by
Nikhilesh Narendrakumar
Narendrakum Khandelwal
Date: 2026.07.14 17:47:52
ar Khandelwal
+05'30'
Nikhilesh Khandelwal
Managing Director
DIN 06945684
Registered Office: Shop No.107, Plot no. 268, Honey Arjun Kauslya tower, C.A ROAD,
Lakadganj, Nagpur - 440008, Maharashtra, India
Contact :9371001503, Email : info@rajasthangasesltd.com
Web : www.rsl.in CIN : L64990MH1993PLC272204