The company hereby submit that the Board of Directors ('Board') of the Company in its Meeting held on Saturday, February 21, 2026, commenced at 03:00 P.M. and concluded at 05:00 PM.
Awaiting price reaction for this filing.
The board of Rishab Special Yarns Ltd met on February 21, 2026, and approved four key items. First, it approved an increase in the company's Authorised Share Capital along with a corresponding amendment to the Memorandum of Association, pending shareholder approval via postal ballot. Second, it approved a change in the company's name from "Rishab Special Yarns Limited" to "Impera Worldwide Limited", also subject to postal ballot approval. Third, it cleared the postal ballot notice and appointed a scrutinizer. Fourth, it approved a proposal to raise funds through a Rights Issue of equity shares, though the total amount and detailed terms (including issue price) will be finalised at a future board meeting.
Shareholders can expect a postal ballot to seek their approval on capital increase and the proposed name change. The Rights Issue, once the terms are announced, could lead to dilution for existing shareholders, but specifics on pricing and size are not yet disclosed.