The trustee of RML Fractional Shares Trust has informed completion of the sale of shares
RML · price
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Awaiting price reaction for this filing.
The trustee of the RML Fractional Shares Trust has completed the sale of 9,324 equity shares of the company on the stock exchanges on July 15, 2025. This sale was carried out as part of the Scheme of Amalgamation, specifically to dispose of fractional entitlements that arose for shareholders. The net sale proceeds will now be distributed to the eligible equity shareholders as per the Scheme. Further reports will be submitted to the stock exchange once the distribution is completed.
This is a routine post-amalgamation housekeeping step and is unlikely to have any meaningful impact on the stock price. Shareholders who were entitled to fractional shares will receive a cash payout equivalent to their fractional entitlement.