
Board Meeting12 May 2026, 03:42 pm
Raj Oil Mills Approves ₹9.2 Cr Fundraise via Preferential Issue
AI Summary
Raj Oil Mills Ltd's board approved a proposal to raise ₹9.2 Crore through a preferential issue of equity shares and warrants. The board also approved the audited financial results for the year ended March 31, 2026, appointed M/s. T M Dalal & Company as Internal Auditor and M/s. Vinod C. Subramaniam & Co. as Cost Accountants for FY 2026-27, subject to member ratification. Additionally, they approved the Postal Ballot Notice and appointed M/s. S.K. Jain & Co. as the Scrutinizer for the Postal Ballot voting process.
Key Highlights
- Audited financial results for the year ended March 31, 2026, approved.
- ₹9.2 Cr fundraise approved via preferential issue of equity shares and warrants.
- M/s. T M Dalal & Company appointed as Internal Auditor for FY 2026-27.
- M/s. Vinod C. Subramaniam & Co. appointed as Cost Accountants for FY 2026-27, subject to ratification.
- Postal Ballot Notice approved; M/s. S.K. Jain & Co. appointed as Scrutinizer.
Price Impact
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