RSWM Ltd. Announces Preferential Issue of Convertible Warrants to Promoter Group and Convening of EGM

RSWM Ltd. held a Board Meeting on 9th April, 2026, where they approved several matters. The Board approved a preferential issue of convertible warrants worth INR 36.06 Crore to the Promoter/Promoter Group. The warrants will be convertible into equity shares of face value of Rs. 10/- each at an Issue Price of Rs. 146/- each, which is higher than the current closing price. The Company will issue up to 24,70,000 (Twenty Four Lakhs Seventy Thousand Only) warrants. The Board also approved the convening of an Extra-Ordinary General Meeting (EGM) on Friday, 8th May, 2026, to seek shareholders' approval on the matter. The EGM notice and details of E-Voting will be dispatched to shareholders by 8th April, 2026.