The board of directors in the meeting approve proposal to raise fund of Rs. 3 Crore by create, issue and allot equity shares by preferential issue under Regulation 30 of the SEBI (LODR) Reg, 2015
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Desh Rakshak Aushdhalaya Ltd, a Haridwar-based Ayurvedic and herbal products manufacturer, announced that its board on April 11, 2025 approved a proposal to raise up to Rs. 3 crore by issuing equity shares through a preferential allotment to specific investors. The new shares will rank equally with existing equity shares and the pricing, number of shares, and identities of allottees are yet to be decided, subject to shareholder and SEBI approvals. Separately, the board appointed Mrs. Bhumika Parwani, a Chartered Accountant based in Agra, as the company's Internal Auditor for FY 2025-26, replacing the previous auditor whose tenure ended. The company has been in operation since 1901 and trades on BSE under scrip code 531521.
The Rs. 3 crore equity dilution may be modest but will expand the share count once the issue price and allottee list are finalized; short-term shareholders could see slight EPS dilution. The fresh capital raise signals growth or working capital needs, though the small size suggests limited long-term price impact unless deployed for a specific expansion.