ImportantCompany Update

RCI Industries & Technologies has secured listing approval from BSE for 1,05,26,315 new equity shares, each valued at Rs. 10. This approval follows an NCLT-approved resolution plan.

RCI Industries & Technologies Ltd537254 · Filed with the exchange

The allotment includes 5,26,315 shares from capital reduction and 1,00,00,000 shares issued preferentially to the Successful Resolution Applicant.

The company is now processing corporate actions with depositories and will soon seek trading approval.

This is a crucial step in the company's post-insolvency rehabilitation, enabling the new capital structure to be fully recognized and traded.

Read the original filing(PDF)

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