Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015
RSWM · price
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RSWM Limited has issued a clarification to shareholders regarding an earlier Extraordinary General Meeting (EGM) Notice dated 9th April 2026 and Corrigendum dated 21st April 2026. The clarification specifies that the company will recompute the warrant price as required under SEBI (ICDR) Regulations. Until the amount payable for warrants is not paid within the stipulated time, the equity shares and warrants shall continue to remain locked-in until full payment is received from the proposed allottees. This appears to be related to a preferential issue of warrants to identified allottees.
This clarification reinforces the lock-in conditions for warrant holders, ensuring shares remain restricted until full payment. Shareholders should note these compliance safeguards that protect against incomplete warrant subscription.