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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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Rajasthan Gases Limited has submitted its Annual Report for FY 2024-25 along with the notice for its 32nd AGM, scheduled for September 26, 2025 at 1:00 PM via video conferencing. Key proposals on the AGM agenda include changing the company name from 'Rajasthan Gases Limited' to 'Rajasthan Ventures Limited' or similar, and altering the main objects of the company to shift from gases to general trading, commodities, investments, and derivatives. Shareholders will also be asked to approve raising the borrowing limit and the loans/investments/guarantees limit to Rs. 500 crore each, and to permit creating mortgage/charge on company assets up to Rs. 500 crore. The notice seeks approval to appoint M/s. Sanjay Chindaliya & Co. as the new statutory auditor for a five-year term (replacing the resigned auditor), reappoint Managing Director Nikhilesh Khandelwal, and adopt new sets of MOA and AOA.
The filings signal a major strategic shift away from the core gases business toward general trading and investment activities, which is a fundamental change for shareholders. The proposed jump in borrowing and investment limits to Rs. 500 crore indicates plans for significantly expanded financial activity. Investors should review the AGM resolutions carefully and exercise their e-voting rights before September 25, 2025.