Desh Rakshak Aushdhalaya Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 05/05/2025 ,inter alia, to consider and approve 1)To discuss, consider ....
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Desh Rakshak Aushdhalaya Ltd, a Haridwar-based Ayurvedic and herbal products maker, has scheduled a board meeting on Monday, 05 May 2025 at 3:00 PM. The key item on the agenda is a proposal to raise up to Rs. 6 crore by issuing equity shares through a preferential issue or private placement, subject to shareholder and regulatory approvals. The board will also note the appointment of a registered valuer and set the date, venue, and logistics for an Extraordinary General Meeting (EGM) to seek shareholder approval for the fundraise. Arrangements for the EGM include remote e-voting through NSDL, appointment of a scrutinizer (Mr. Ramesh Chandra Sharma), and closure of the register of members. The trading window for insiders remains closed since 1 April 2025 until 48 hours after the Q4 and FY25 audited results are declared.
The proposed Rs. 6 crore preferential issue could dilute existing shareholders' stake once priced and approved at the EGM. Investors should watch for the issue price, valuation, and identity of the proposed allottees when further disclosures are made.