Announced Tue, 16 Dec · 15:36 IST

Raaj Medisafe India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/12/2025 ,inter alia, to consider and approve Next meeting of the Board ....

Board & Shareholder Meetings View source PDF

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AI summary

Raaj Medisafe India has informed BSE that its Board will meet on December 23, 2025 to discuss several key items. The Board will consider expanding and diversifying its manufacturing capacities for packing materials and hygiene products, including buying new plant and machinery and acquiring a business on a going-concern basis. It will also consider raising up to Rs. 1,800 lakhs by issuing eligible securities through private placement or preferential allotment to non-promoters. To enable this, the Board proposes to increase authorised capital from Rs. 1,500 lakhs to Rs. 1,800 lakhs and call an Extra-Ordinary General Meeting on January 20, 2026 to seek shareholder approval.

Likely market impact

If approved, the company will significantly expand its manufacturing footprint and bring in fresh capital of up to Rs. 18 crore, which could dilute existing shareholders since the securities are proposed to be issued to non-promoters. The stock may see volatility around the Board meeting and EGM dates as investors react to the dilution and expansion plans.