Raj Oil Mills Ltd Renamed Raj Industries Ltd; Allots Shares & Warrants

Raj Oil Mills Ltd announced a significant board meeting outcome on July 27, 2026. The company has approved a change in its name to 'Raj Industries Limited', subject to regulatory and member approvals. Additionally, the board sanctioned the allotment of 10,00,000 equity shares at ₹46 per share, raising ₹4.60 crore, and 10,00,000 warrants convertible into equity shares at ₹46 per share, with an upfront payment of ₹1.15 crore. These allotments follow previous approvals from the board and members, and in-principle approvals from stock exchanges. The equity share capital has increased post-allotment.