This has reference to our intimation dated November 07, 2025. The Board of Directors ('Board') of Rex Sealing and Packing Industries Limited ('Company') at its meeting held today, i.e., ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Board of Directors of Rex Sealing and Packing Industries Ltd, at its meeting held on November 14, 2025, approved the unaudited standalone financial results for the half year ended September 30, 2025. The company allotted 160,000 equity shares (56,000 on Sept 26 and 104,000 on Oct 20) against warrants, raising its paid-up equity capital to Rs. 2.38 crore (23,80,000 shares of Rs. 10 each). About 2,05,000 warrants remain outstanding for further conversion within 18 months. Proceeds were used for working capital requirements. Profit before tax stood at Rs. 91.76 lakh (vs Rs. 140.77 lakh in the prior corresponding period), reflecting a decline, while net cash from operations turned positive at Rs. 341.27 lakh (vs negative Rs. 189.66 lakh earlier). Long-term borrowings reduced sharply from Rs. 1,073.96 lakh to Rs. 12.90 lakh.
The warrant conversions dilute existing equity modestly but strengthen working capital. The decline in half-yearly profit may concern short-term investors, though improved operating cash flow and debt reduction are positive signs. The auditor issued an unmodified review report, indicating no material misstatements.