Royal Cushion Vinyl Products Ltd Allots Equity Shares and NCRPS Post Merger

Royal Cushion Vinyl Products Limited has approved the allotment of 41,17,160 equity shares and 84,99,592 Non-Convertible Redeemable Preference Shares (NCRPS) to the eligible equity shareholders of Royal Spinwell and Developers Private Limited (RSDPL). This allotment is a consequence of the merger of RSDPL with Royal Cushion Vinyl Products Limited, which became effective on August 30, 2026, as sanctioned by the National Company Law Tribunal. The equity shares allotted will rank pari passu with existing shares and will be listed on BSE. The allotment of equity shares increases the company's paid-up equity share capital from ₹36,58,84,620 to ₹40,70,56,220. The NCRPS allotment increases the paid-up preference share capital by ₹8,49,95,920.