RSWM Fund Raise of ₹22.81 Cr
RSWM Limited allotted 15.63 lakh convertible warrants at ₹146 each via a preferential issue. The ₹22.81 Crore fundraise strengthens the company's capital base for growth.
- Value
- ₹22.81 Cr
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RSWM Limited allotted 15.63 lakh convertible warrants at ₹146 each via a preferential issue. The ₹22.81 Crore fundraise strengthens the company's capital base for growth.
RSWM Limited allotted 24,70,000 convertible warrants at ₹146 each, totaling ₹36.06 Crore, to a promoter group entity. This capital raise strengthens the company's equity base.
RSWM Limited's board approved a preferential issue of 24,70,000 convertible warrants to LNJ Textiles Advisory LLP, totaling ₹36.06 Crore. Each warrant is priced at ₹146 and is convertible into equity shares within 18 months. This fundraise strengthens the company's capital base and involves promoter group participation.
RSWM Ltd's Board approved raising ₹36.06 Crore via a preferential issuance of 24,70,000 convertible warrants to LNJ Textiles Advisory LLP (Promoter Group). The warrants are priced at ₹146 each and are convertible into equity shares within 18 months. An EGM is scheduled for May 8, 2026, to seek shareholder approval.