ROMLBSERAJ OIL MILLS LIMITEDMediumNeutral
Announced Thu, 16 Jul · 19:51 IST

Clarification on Postal Ballot Notice - proposed allotment is less than 5 percent

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve 14 horizons · vs prior close
-2.2%1-day move
₹46.00
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AI summary

Raj Oil Mills has clarified that an inadvertent error appeared in the Explanatory Statement of its Postal Ballot Notice dated May 12, 2026. Under Items 1(e) and 2(e), the proposed allotment was wrongly stated as 'more than 5 percent' of the post-issue fully diluted share capital; the correct position is 'less than 5 percent'. The company had already issued a Corrigendum on June 4, 2026 noting that the Valuation Report was obtained voluntarily and shared with shareholders. This filing is a continuation of that clarification under SEBI Listing Regulations.

Likely market impact

Procedural correction only. No change to the substance of the proposed allotment; threshold has been restated lower, which is neutral to marginally shareholder-friendly.