Quarterly Result18 Feb 2026, 06:54 pm
Rishab Special Yarns Ltd. Schedules Board Meeting to Increase Authorised Share Capital, Change Name, and Raise Funds
AI Summary
Rishab Special Yarns Ltd. has announced a Board meeting on 21st February 2026 to consider several key proposals. These include an increase in the company's authorised share capital, a change of name to Impera Worldwide Limited, and the raising of funds through various methods. The proposals are subject to shareholder approval through a postal ballot. The meeting will also consider the appointment of Shravan A. Gupta & Associates as the scrutinizer for the postal ballot process.
Key Highlights
- The company plans to increase its authorised share capital and amend its memorandum of association.
- Rishab Special Yarns Ltd. is considering changing its name to Impera Worldwide Limited.
- The company is looking to raise funds through various methods, including preferential issue, private placements, and rights issue.
- The proposals are subject to approval by shareholders through a postal ballot.
- Shravan A. Gupta & Associates has been proposed as the scrutinizer for the postal ballot process.
Price Impact
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