RSWM Limited Schedules Board Meeting on April 9, 2026 to Consider Fund Raising Proposal and Shareholder Approval Process

RSWM Limited has announced that its Board of Directors will convene on April 9, 2026, to consider significant fund raising proposals and related shareholder approval processes. The meeting has been scheduled in compliance with Regulation 29(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Agenda

The board meeting will address two primary agenda items that could impact the company's capital structure and future growth plans.

Agenda Item	Details
Fund Raising Proposal	Issuance of equity shares and/or other securities, including warrants
Issuance Method	Preferential issue on private placement basis or other permissible modes
Structure	Single or combination of securities in one or more tranches
Regulatory Compliance	Subject to applicable laws and regulatory approvals

Shareholder Approval Process

The board will also consider conducting an Extraordinary General Meeting or postal ballot through e-voting process to obtain necessary shareholder approvals. This process will be conducted in accordance with the provisions of the Companies Act, 2013.

Process Element	Description
Approval Method	Extraordinary General Meeting or Postal Ballot
Voting Process	E-voting system
Legal Framework	Companies Act, 2013 provisions
Purpose	Shareholder approval for fund raising proposal

Trading Window Status

In line with regulatory requirements, the company has confirmed that the trading window for dealing in RSWM Limited's equity shares remains closed. This closure is pursuant to the provisions of the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct for Regulating, Monitoring & Reporting Trading by Designated Persons.

Corporate Information

RSWM Limited, formerly known as Rajasthan Spinning & Weaving Mills Limited, operates from its corporate office in Bhilwara Towers, Noida, and registered office in Kharigram, Gulabpura, Rajasthan. The company maintains its corporate website at www.rswm.in where additional information regarding this announcement is available.

The fund raising initiative, if approved, will be subject to various regulatory and statutory approvals as required under applicable laws. The specific quantum and structure of the proposed fund raising will be determined by the board during the scheduled meeting.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.39%	+9.43%	-3.93%	-2.14%	-1.87%	+12.83%

RSWM Limited has received a significant arbitration award addressing two key financial matters with LNJ Power Venture Limited. The company disclosed the award under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, highlighting important developments in ongoing commercial disputes.

Arbitration Award Details

The Arbitral Tribunal delivered its award on April 1, 2026, covering two distinct matters between RSWM and LNJ Power Venture Limited. The award addresses both electricity power charges under a power purchase agreement and interest receivable on Compulsory Convertible Debentures (CCDs).

Matter Type:	Award Details
Authority:	Arbitral Tribunal
Award Date:	April 1, 2026
Nature:	Recommendation by Arbitrators
Disclosure Date:	April 2, 2026

Power Purchase Agreement Settlement

The tribunal has awarded RSWM Rs. 17,67,58,854/- (Rupees Seventeen Crores Sixty-Seven Lakhs Fifty-Eight Thousand Eight Hundred and Fifty-Four only) with interest at 15% for withheld electricity charges payable to LNJ Power Ventures Limited under the power purchase agreement. The company has indicated that provisions for this liability have already been made in its books of account, suggesting no additional impact on profitability.

Compulsory Convertible Debentures Matter

Regarding the second matter, the Arbitral Tribunal ruled that interest on Compulsory Convertible Debentures (CCDs) is not payable by LNJ Power Venture Limited to RSWM until conditions precedent to the payment are satisfied. The outstanding interest receivable by the company on the CCDs is estimated at around Rs. 29 crores as of March 31, 2026.

Financial Impact:	Amount
PPA Award Amount:	Rs. 17,67,58,854/-
Interest Rate:	15%
CCD Interest Outstanding:	Rs. 29 crores (estimated)
Profitability Impact:	No impact (provision already made)

Company's Response and Next Steps

RSWM Limited has stated that it is undertaking a detailed legal evaluation of the awards and is exploring appropriate legal options. The company has made the disclosure information available on its website at www.rswm.in as part of its regulatory compliance requirements.

The arbitration award represents a mixed outcome for RSWM, with the company securing payment for electricity charges while facing challenges regarding CCD interest recovery. The financial impact appears manageable given the existing provisions in the company's books for the power purchase agreement matter.