Raj Rayon Board Approves ₹650 Cr Expansion Plan

Raj Rayon Industries Ltd announced that its Board of Directors, in a meeting held on August 12, 2026, considered and approved un-audited financial results for the quarter ended June 30, 2026. The board also approved a significant capital expenditure of up to ₹650 Crores for business expansion and related infrastructure, including asset acquisition and installation. Funds for this expansion will be arranged through available means. The company also received the Limited Review Report from its statutory auditors on the financial results. The board meeting commenced at 12:00 PM and concluded at 2:45 PM.