Please Find Attached Intimation regarding approval of Form PAS-4
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Desh Rakshak Aushdhalaya Ltd, a small-cap ayurvedic and herbal products maker based in Haridwar, announced that its Board approved Form PAS-4 for a preferential issue of up to 12,60,000 equity shares at Rs. 22 per share (face value Rs. 10, premium Rs. 12). The total fund raise is expected to be around Rs. 2.77 crore, to be used for working capital needs and general corporate purposes. Shares are being allotted to four non-promoter individuals (Mr. Navneet Chaturvedi, Ms. Ruchika Chaturvedi, Ms. Victoria Rao Pippal, and Ms. Rashmi Kumari), with no promoter contribution. BSE had already given its in-principle approval on August 26, 2025, and the offer window runs from September 1 to September 6, 2025.
Post-issue, promoter holding will dilute from 64.28% to about 50.07%, while non-promoter holding rises to roughly 49.93%, with the four allottees together holding 22.10% of expanded capital. While the issue is at a premium to face value and based on a registered valuer's report, the stock is described as infrequently traded, so existing public shareholders may see meaningful dilution without a clear valuation benchmark.