Shree Rajeshwaranand Paper Mills Revises Allottees for Preferential Issue

Shree Rajeshwaranand Paper Mills Ltd announced the outcome of its Board meeting held on September 19, 2026. The Board approved a revised list of allottees for a preferential issue of 1,20,00,000 equity shares, representing approximately 94.81% of the post-allotment capital. This action is in continuation of a previous Board meeting and is in accordance with an NCLT order. The company will also apply to BSE for in-principle approval for listing these shares. This preferential issue is part of a broader equity infusion/restructuring proposal.