Radhe Developers India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 24/11/2025 ,inter alia, to consider and approve a proposal for the conversion ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of Radhe Developers India Ltd will meet on 24 November 2025 to consider converting all or part of the unsecured loan given by the company's Promoter(s) into equity shares on a preferential basis. The conversion will be done as per SEBI's ICDR Regulations and is subject to all necessary regulatory and statutory approvals. The trading window for insiders has been closed from 15 November 2025 until 48 hours after the board meeting concludes. Khyati Patel, Company Secretary, signed the intimation.
This is a promoter debt-to-equity conversion, which can strengthen the balance sheet by replacing promoter debt with equity capital. Depending on the conversion price, existing shareholders may see some dilution, though it also signals promoter confidence and commitment to the company.