RMCLNSERadha Madhav Corporation Limited· PackagingHighNeutral
Announced Thu, 30 Jul, 2026 · 17:01 IST
Promoter allotment under resolution plan: 1.11 cr shares to Plug & Play Retail
Price reaction
Awaiting price reaction for this filing.
AI summary
Plug & Play Retail and Distribution (along with Vijay Patel, the Resolution Applicant) was allotted 1,11,70,000 equity shares of Radha Madhav Corporation under an NCLT-approved Resolution Plan (order dated August 1, 2022). Their total holding rose from 15.40 lakh to 1.27 crore shares, maintaining 69.30% stake in the expanded capital. Total share capital grew from about Rs 2.22 crore to Rs 13.39 crore. Date of receipt of allotment: July 18, 2026.
Likely market impact
Promoter holding stays at 69.30% but share count grew sharply due to resolution plan equity issuance. No cash market impact.