Pursuant to Regulation 34(1)(a) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find attached herewith the copy of ....
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Awaiting price reaction for this filing.
Rajasthan Gases Limited has filed its Annual Report for FY 2024-25 along with the notice for its 32nd Annual General Meeting scheduled for September 26, 2025 via video conferencing. The AGM notice includes several extraordinary items: a proposal to change the company's name to 'Rajasthan Ventures Limited', 'Rajasthan Multitrading Limited', 'Rajasthan Tradex Limited', or 'Rajasthan Solutions Limited', and a complete overhaul of its main objects clause — shifting from a gases/chemicals business to general trading, commodities, and securities/derivatives trading. The company is also seeking shareholder approval to raise its borrowing limit to Rs 500 crore and create mortgages/charges on assets up to Rs 500 crore. There was a mid-year change of statutory auditors — M/s. Rahul S Gupta & Associates resigned and M/s. Sanjay Chindaliya & Co. was appointed on August 14, 2025 to fill the casual vacancy.
This filing signals a major strategic pivot — the company is effectively abandoning its original gases/chemicals business identity and re-positioning itself as a trading and investment entity, while also gearing up for large-scale borrowing (up to Rs 500 crore). Shareholders should watch the auditor change and the sharp business-direction shift closely, as both raise governance and going-concern questions worth probing at the AGM.