Board Meeting11 Jul 2026, 01:00 pm

Rotographics Board Approves Name Change, ₹100 Cr Loan Limit, Share Split

AI Summary

Rotographics (India) Ltd announced revised outcomes from its board meeting held on July 10, 2026. Key approvals include increasing borrowing limits to ₹100 crore, a proposal for a share sub-division (split) from ₹10 to ₹2 face value, and a potential acquisition of up to 51% in Teneron Limited. The board also approved a material related party transaction with Teneron Limited up to ₹250 crore and a significant rebranding to 'NOVALUM MATERIALS LIMITED'. All these proposals are subject to shareholder approval via Special Resolution at the upcoming AGM.

Key Highlights

Board approved name change to Novalum Materials Limited.
Borrowing limits increased to ₹100 crore, subject to shareholder nod.
Share split approved: ₹10 face value shares to ₹2 face value.
Acquisition of up to 51% in Teneron Limited approved.
Material related party transaction with Teneron approved up to ₹250 crore.

View BSE Filing

RGIL

Trading & Distributors

Rotographics (India) Ltd

Price Impact