ROML · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Raj Oil Mills Limited submitted a newspaper advertisement clipping confirming the dispatch of its Postal Ballot Notice and commencement of e-voting, as required under SEBI Listing Regulations. The postal ballot covers three special resolutions: (1) issue of equity shares on a preferential basis, (2) issue of convertible warrants on a preferential basis, and (3) prior approval for raising funds through secured/unsecured loans with an option to convert into equity shares. E-voting opened on May 13, 2026 and closes on June 11, 2026. The company is engaging NSDL for the e-voting facility. The notice was published in Business Standard (English) and Nalanda Express (Marathi) newspapers.
The preferential share/warrant issuance and loan conversion option are potentially dilutive to existing shareholders. The fundraising signal may indicate the company is seeking capital for growth or operational needs. Shareholders should evaluate the pricing and rationale before casting votes.