Intimation under Regulation 30 of SEBI (LODR) Regulations, 2015
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Awaiting price reaction for this filing.
On 16th May 2025, the Board of Directors of Rajnish Wellness Ltd approved two items, both subject to shareholder approval. First, the company proposes to alter the Main Objects Clause of its Memorandum of Association to add new business objects. Second, the company plans to increase its Authorised Share Capital from Rs. 100 crore (divided into 100 crore equity shares of Re. 1 each) to Rs. 130 crore (divided into 130 crore equity shares of Re. 1 each). This effectively creates room for 30 crore additional equity shares, although no specific plan to issue them has been announced in this filing. The actual usage of the expanded capital—whether for a stock split, bonus issue, rights issue, or fresh fundraising—has not been disclosed.
The increase in authorised capital by 30% does not by itself dilute existing shareholders, but it signals the company is preparing capacity for a future corporate action (such as a stock split, bonus, or fundraise). Investors should watch for follow-up announcements explaining how this expanded capital headroom will be utilised, as that will determine the real impact on share price and ownership.