Announced Mon, 20 Jul · 18:48 IST

Board to consider fund raising via preferential issue on July 24

Fund Raising View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

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AI summary

The Board of Directors of Rajasthan Tube Manufacturing Company Ltd will meet on Friday, July 24, 2026 to consider a proposal for fund raising through issue of equity shares, convertible warrants, or other instruments via preferential issue on a private placement basis. The board will also fix the date, time and venue of an Extraordinary General Meeting (EGM) and approve the EGM notice. The trading window for dealing in the company's securities is closed from July 20, 2026 until 48 hours after the board meeting outcome.

Likely market impact

Potential equity dilution if the preferential issue is approved. Shareholders will vote at the upcoming EGM. Insider trading is restricted until the outcome is declared.