RSWM Limited Schedules Extra-Ordinary General Meeting for Preferential Issue of Convertible Warrants
Published on: April 15, 2026, 2:42 p.m. | Source: scanx.trade
RSWM Limited has scheduled an Extra-Ordinary General Meeting for May 8, 2026 to approve preferential issue of 24,70,000 convertible warrants at Rs. 146/- each to promoter group entity M/s LNJ Textiles Advisory LLP. The issue aims to raise Rs. 36.06 crores for funding subsidiary's Bottle to Bottle Project and general corporate purposes. Warrants are convertible within 18 months, with pricing determined per SEBI ICDR Regulations based on volume weighted average prices.
