RSWM Ltd. Approves Preferential Issue of Convertible Warrants to Promoter/Promoter Group for INR 36.06 Crore

RSWM Ltd. has approved the issuance of convertible warrants worth INR 36.06 Crore to the Promoter/Promoter Group. The Board of Directors made this decision in their meeting on 9th April, 2026. The proposed allotment of 24,70,000 (Twenty Four Lakhs Seventy Thousand Only) convertible warrants, each convertible into one equity share of face value of Rs. 10/- (Rupees Ten Only) at an Issue Price of Rs. 146/- (Rupees One Hundred Forty Six Only) including a premium of Rs. 136/- (Rupees One Hundred Thirty Six Only), is subject to the approval of shareholders and regulatory authorities. The Extra-Ordinary General Meeting (EGM) will be held on Friday, 8th May, 2026, for seeking the approval of the shareholders on this matter.