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Incorporated in 2018, Rajgor Castor Derivatives Limited manufactures castor oil-based products for the Indian market.
Rajgor Castor Derivatives announces a 1:1 Rights Issue of ~2.39 crore shares at Rs. 10 each, raising ~Rs. 23.92 crore. Proceeds will fund Rs. 18 crore for working capital and Rs. 5.67 crore for general corporate purposes, bolstering operational growth. Promoters intend to participate.
Rajgor Castor Derivatives Limited has informed the Exchange about Disclosure under Regulation 30 of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015, in relation to the in-principle approval for the proposed rights issue.