
Investment26 Mar 2026, 04:54 pm
Raaj Medisafe India Ltd Approves Allotment of 32,75,000 Equity Shares on Preferential Basis
AI Summary
Raaj Medisafe India Limited has approved the allotment of 32,75,000 fully paid-up equity shares having a face value of Rs.10/- each at a price of Rs. 55.00/- per equity share (including premium of Rs. 45/-) to various allottees. This allotment is made on a preferential basis for cash consideration. The company has received in-principle approval from the Stock Exchange i.e., BSE Limited for issue of the aforesaid Equity Shares on a Preferential Basis on 12th March, 2026. The application for listing approval of the stock exchange for the equity shares allotted as above will be made in due course.
Key Highlights
- Raaj Medisafe India Limited has approved the allotment of 32,75,000 equity shares on a preferential basis.
- The shares have a face value of Rs.10/- each and a price of Rs. 55.00/- per equity share, including a premium of Rs. 45/-.
- The allotment is for cash consideration.
- The company has received in-principle approval from the BSE Limited for the issuance of these shares.
- The application for listing approval will be made in due course.
Price Impact
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