Rishab Special Yarns Ltd. Announces Changes in Authorized Share Capital, Name, and Fundraising Plans

Rishab Special Yarns Ltd. announced these changes and plans at a Board Meeting held on February 21, 2026. The Board approved an increase in the company's Authorised Share Capital, subject to shareholder approval through a Postal Ballot. The company also proposed a change of name to Impera Worldwide Limited, again subject to shareholder approval. The Board appointed Shravan A. Gupta & Associates as the Scrutinizer for the Postal Ballot process. Additionally, the Board approved a proposal to raise funds through the issuance of equity shares by way of a Rights Issue, with the total amount and other terms to be determined at a future meeting.