Amendment to MOA and AOA of the company was approved by Board of Director. The proposed changes in the MOA AND AOA of the company is subject to necessary approvals from the Ministry of ....
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Rajasthan Gases Limited's board approved a major pivot: the company proposes changing its name to 'Rajasthan Ventures Limited' (or Multitrading/Tradex/Solutions as alternatives) and is amending its main objects to move away from gases into general trading, import/export, and investment/securities/derivatives business, subject to MCA and shareholder approvals. For Q1 FY26 (ended June 30, 2025), the company reported total operating income of Rs 983.87 lakh (vs nil in Q1 FY25) and a net profit of Rs 960.17 lakh (vs a loss of Rs 7.03 lakh a year ago), with EPS of Rs 1.249; the statutory auditor issued an unmodified limited review opinion. The board also approved the 32nd AGM for September 26, 2025, and accepted the resignation of M/s Rahul S Gupta & Associates as statutory auditor (due to delay in obtaining a mandatory peer review certificate), appointing M/s Sanjay Chindaliya & Company as the new statutory auditor for five years (FY26–FY30). Additionally, the board authorized increasing the borrowing limit and the investment/loan/guarantee limit under Section 186 to Rs 500 crore each, subject to shareholder approval.
The name change and wholesale revision of business objects signal a strategic shift from the legacy gases business into general trading and financial/commodity activities, which could reshape the company's revenue profile going forward. Sharp jump in Q1 profit on Rs 9.84 crore of other operating income and the proposed Rs 500 crore borrowing/expansion headroom suggest possible expansion or acquisitions, but investors should watch for shareholder approval at the September 26 AGM and any further clarity on the new business direction.