Raj Oil Mills Ltd Renames to Raj Industries Ltd, Allots Shares

Raj Oil Mills Ltd announced a significant corporate action following a Board of Directors meeting on July 27, 2026. The company's name is proposed to be changed to "Raj Industries Limited", subject to regulatory and member approvals. Concurrently, the company approved 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 actions are expected to increase the company's paid-up equity share capital. The company has also secured in-principle approval from BSE and NSE for the allotment.