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

Promoter Stake BuyOwnership Changes View source PDFExplain this filing
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.