Rama Petrochemicals Limited has announced that its Board of Directors will meet on Tuesday, May 26, 2026. The primary agenda of the meeting is to consider and approve the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026.

The meeting is being held pursuant to Regulation 29(1)(a) of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015. The board will review the company's financial performance for the specified period.

Trading Window Closure

In connection with the upcoming board meeting, the company has informed that the "Trading Window" under its Code of Conduct for Prohibition of Insider Trading is closed. The closure period began on April 01, 2026, and will remain in effect until forty-eight hours after the conclusion of the Board Meeting on May 26, 2026.

Meeting Details

Rama Petrochemicals Limited has completed the conversion of 20,99,750 warrants into equity shares on April 13, 2026, marking the successful execution of its third tranche warrant conversion process. The Board of Directors approved this conversion through a circular resolution, raising ₹1,57,48,125 from the exercise of conversion rights by warrant holders.

Warrant Conversion Details

The conversion involved 20,99,750 warrants being converted into an equal number of equity shares with a face value of ₹10.00 each. The warrant holders paid an exercise price of ₹7.50 per warrant, representing 75% of the original warrant issue price of ₹10.00 per warrant.

Allottee Information

The warrant conversion was executed by two promoter group entities, demonstrating continued commitment from the company's promoter group.

Impact on Share Capital

The warrant conversion has resulted in a significant increase in the company's paid-up equity share capital. The newly allotted equity shares will rank pari-passu with existing equity shares in all respects, including dividend rights.

Regulatory Compliance

The allotment was conducted in accordance with SEBI ICDR Regulations, 2018, and the company has fulfilled all disclosure requirements under Regulation 30 of the SEBI Listing Regulations. The warrants were originally allotted on March 21, 2025, with warrant holders having paid 25% of the issue price initially at ₹2.50 per warrant. The current conversion represents the payment of the remaining 75% balance amount.

The conversion process was executed on a preferential allotment basis through private placement, with all regulatory formalities completed as per SEBI guidelines. The company has made the relevant information available on its website at www.ramapetrochemicals.com for stakeholder reference.