Shree Rajeshwaranand Paper Mills Ltd: Revised Allottee List for Preferential Issue

Shree Rajeshwaranand Paper Mills Ltd's Board of Directors has approved a revised list of allottees for its preferential issue of 1,20,00,000 Equity Shares, representing approximately 94.81% of the post-allotment capital. This decision supersedes previous submissions and is made pursuant to an NCLT order. The total issue size is ₹12 Crores. The company will apply to BSE Limited for in-principle approval for listing these shares. This move is part of an equity infusion/restructuring proposal.