Announced Tue, 9 Sept · 16:11 IST

The Company submit Certificate under Regulation 169(5) of the SEBI (ICDR) Regulations, 2018 in respect of Preferential Issue

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Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Desh Rakshak Aushdhalaya Ltd, an ayurvedic and herbal products company based in Haridwar, has submitted a certificate from its statutory auditor (Anil Jain & Co.) confirming compliance with SEBI ICDR Regulations for a preferential allotment of 12,60,000 equity shares. The shares were issued at Rs. 22 per share to non-promoter allottees, raising a total of Rs. 2.77 crore. The auditor has verified that the full allotment money was received from the allottees' bank accounts on or before September 6, 2025, and deposited in a separate Axis Bank account as required under Section 42(6) of the Companies Act, 2013. BSE had earlier granted its in-principle approval for this issue on August 26, 2025. The company must now apply for listing of these shares within 20 days of allotment.

Likely market impact

This is a regulatory compliance filing confirming a Rs. 2.77 crore preferential equity raise from non-promoter allottees, which will lead to dilution of existing shareholders' stakes. The certificate itself is procedural and not expected to materially impact the stock price, but successful listing of the newly allotted shares could modestly increase the float and trading volume going forward.