Raj Oil Mills Limited has informed the Exchange about Newspaper Publication of Postal Ballot
ROML · price
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Raj Oil Mills Limited is seeking shareholder approval via postal ballot for three special resolutions: (1) issue of equity shares on preferential basis, (2) issue of convertible warrants on preferential basis, and (3) prior approval for raising funds through secured/unsecured loans with option to convert into equity shares. E-voting period runs from May 13, 2026 to June 11, 2026. The notice was dispatched electronically on May 12, 2026 to shareholders as of the cut-off date May 8, 2026. The company has appointed NSDL for providing e-voting facilities and Mr. S.K. Jain as scrutinizer for the postal ballot process.
Shareholders should note that approval of these resolutions will result in dilution of their stake as the company is planning to raise capital through preferential allotments and convertible instruments. Voting on all three resolutions closes on June 11, 2026.