We would like to inform you that EGM of the members has been held on 20.01.2026 at 4.00 PM and concluded at 4.27 PM. The outcome of the meeting is as per letter attached.
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Raaj Medisafe India held an Extraordinary General Meeting on 20 January 2026 via video conferencing, which concluded in about 27 minutes. Three key items were tabled: (1) increasing the company's authorised share capital from Rs. 15 crore to Rs. 18 crore, (2) issuing 32,75,000 fresh equity shares at Rs. 10 face value with a Rs. 45 premium (i.e., Rs. 55 per share) on a preferential basis to a select group of non-promoter investors, raising roughly Rs. 18 crore, and (3) seeking approval under Section 185 of the Companies Act to give loans, guarantees, or security. Mr. Manish Maheshwari was appointed as scrutiniser for the e-voting process. Detailed voting results will be filed separately with the exchange.
Existing shareholders should expect some equity dilution once the preferential allotment to non-promoters is completed, though the higher issue price (significant premium of Rs. 45 over face value) suggests the company is raising growth capital at reasonable terms. Share price may react to the size of dilution and the identity of incoming allottees once results are disclosed.