Pursuant to Regulation 30(2) of the SEBI (LODR) Regulations, 2015 and SEBI Circular SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, the members of the Company in its 32nd Annual General ....
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Rajasthan Gases Limited held its 32nd Annual General Meeting on September 26, 2025, where members approved a special resolution to change the company's main objects and diversify into general trading, services, and investment activities. The company is amending Clause III(A) of its MOA to include new businesses such as buying, selling, importing, and exporting all kinds of goods, commodities, and merchandise, as well as dealing in shares, debentures, derivatives, and futures & options trading. The company also indicated plans to change its name. These changes remain subject to approvals from the Ministry of Corporate Affairs, stock exchanges, and other regulatory authorities. The filing was signed by Managing Director Nikhilesh Khandelwal on September 27, 2025.
This signals a major strategic pivot away from the company's existing gases/chemicals business toward general trading and investment activities, which is a fundamental change in business direction. Shareholders should view this as a significant transformation that carries both growth opportunity and execution risk, pending regulatory approvals.