BSECompany UpdateM&A3d ago
Rajasthan Tube Manufacturing Company Ltd
Adoption of new set of MOA and AOA subject to the approval of shareholders
Rajasthan Tube Manufacturing Company Ltd has adopted a new set of Memorandum of Association (MOA) and Articles of Association (AOA) subject to shareholder approval. The company also approved the issue of convertible equity share warrants to public investors, and regularized two independent directors. An extraordinary general meeting will be held on August 20, 2026, to approve the resolutions.
BSEBoard MeetingFundraise3d ago
Rajasthan Tube Manufacturing Company Ltd
Board of Directors in its meeting held today i.e., July 24, 2026 considered and approved Preferential issue of covertible warrants
Rajasthan Tube Manufacturing Company Ltd has approved the issue of convertible equity share warrants to raise funds, appointment of two independent directors, and other corporate actions.
BSECompany UpdateFundraise3d ago
Rajasthan Tube Manufacturing Company Ltd
Board of Directors at its meeting held today i.e., July 24, 2026 considered and approved raising of funds subject to the approval of the members of the company in the ensuing EGM
Rajasthan Tube Manufacturing Company Ltd has announced that its Board of Directors has approved raising funds through the issue of Convertible Equity Share Warrants to the public on a preferential basis. The company will issue up to 6,21,00,000 Warrants convertible to equity shares at ₹15 per Warrant, aggregating up to ₹93,15,00,000. The Board has also recommended the regularisation of two Independent Directors and approved the adoption of amended Memorandum of Association and new Articles of Association. An Extraordinary General Meeting will be held on August 20, 2026 to approve the resolutions.