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RSWM Ltd ( (IN:RSWM) ) just unveiled an update.
RSWM Ltd has called an Extraordinary General Meeting on 8 May 2026, to be held via video conferencing, to seek shareholder approval for a preferential issue of convertible warrants to its promoter group. The company plans to issue up to 2.47 million fully paid convertible warrants at Rs 146 each to LNJ Textiles Advisory LLP, with each warrant convertible into one equity share within 18 months, a move that would infuse fresh capital and increase promoter holding, subject to regulatory compliance and shareholder consent.
More about RSWM Ltd
RSWM Ltd, formerly Rajasthan Spinning & Weaving Mills Ltd, operates in the textiles industry with manufacturing and marketing activities in yarns and fabrics. The company serves both domestic and international markets from its registered office in Bhilwara, Rajasthan, and corporate office in Noida, and is listed on BSE and NSE under the scrip code RSWM.
Average Trading Volume: 2,421
Technical Sentiment Signal: Hold
Current Market Cap: 7.09B INR
Find detailed analytics on RSWM stock on TipRanks’ Stock Analysis page.