RSWM Ltd to Hold Board Meeting to Discuss Fund Raising and Shareholder Approval

RSWM Ltd to Hold Board Meeting to Discuss Fund Raising and Shareholder Approval​

RSWM Ltd, formerly Rajasthan Spinning & Weaving Mills Limited, has scheduled a meeting of its Board of Directors for Thursday, April 9, 2026. The meeting is set to consider and, if deemed appropriate, approve key proposals related to corporate financing and shareholder actions.

The primary agenda items for the Board include the proposal for raising funds. The Company will consider issuing equity shares and/or other securities, including warrants, through preferential issue on a private placement basis or via any other permissible mode. These funds could be raised in one or more tranches, subject to approvals from applicable laws, regulatory, and statutory authorities.

Furthermore, the Board is slated to review the conduct of an Extraordinary General Meeting or a Postal Ballot through an e-voting process. This is intended to seek shareholder approval for the aforementioned fund raising proposal, if the Board approves it.

Currently, the Trading Window for dealing in the Company's Equity Shares remains closed, in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015 and the Company's Code of Conduct for Regulating, Monitoring & Reporting Trading by Designated Persons.

For investor information, the Company's Corporate Office is located at Bhilwara Towers, A-12, Sector-1 Noida-201 301 (NCR-Delhi), India. The registered office is situated at Kharigram, P.O. Gulabpura - 311 021 District Bhilwara, Rajasthan, India.

RSWM Stock Price Movement​

At the close of trade, shares of RSWM Limited are edging higher by 0.78% to trade at ₹130.00. The stock carved out a solid intraday range today, bouncing between ₹128.24 and a high of ₹131.31.

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