Desh Rakshak Aushdhalaya Limited , a manufacturer of Ayurvedic and herbal products, has received in-principle approval from the BSE Limited for a significant preferential share issue. The company plans to issue 12,60,000 equity shares at Rs. 22.00 per share, including a premium of Rs. 12.00 per share, to non-promoters. This move is set to raise Rs. 27.72 crore for the Haridwar-based firm.

Key Details of the Preferential Issue

Regulatory Compliance and Approval

The BSE granted its in-principle approval under Regulation 28 of SEBI Listing Obligations and Disclosure Requirements Regulations, 2015. This approval is a crucial step for Desh Rakshak Aushdhalaya, as it paves the way for the company to proceed with its capital raising plans.

Conditions and Next Steps

The company must adhere to several regulatory requirements to complete the share issue successfully:

1. Compliance: Ensure strict adherence to the Companies Act 2013, SEBI regulations, and other statutory approvals.
2. Internal Controls: Strengthen internal mechanisms to monitor trades by proposed allottees.
3. Allottee Undertaking: Obtain undertakings from allottees to avoid intra-day trading until allotment.
4. Listing Application: Submit a listing application within twenty days of allotment, as per SEBI regulations.

Impact on the Company

This preferential issue represents a significant opportunity for Desh Rakshak Aushdhalaya to raise capital, potentially fueling growth initiatives or strengthening its financial position. The successful completion of this share issue could provide the company with additional resources to expand its operations in the Ayurvedic and herbal product market.

As the company moves forward with this preferential issue, investors and market watchers will be keen to observe how Desh Rakshak Aushdhalaya utilizes the raised capital to drive its business objectives and enhance shareholder value.

Desh Rakshak Aushdhalaya Limited, a manufacturer of Ayurvedic and herbal products, announced a significant change in its internal audit department. Mrs. Bhumika Parwani, a Chartered Accountant serving as the company's Internal Auditor, has submitted her resignation effective August 25, 2025.

Resignation Details

Mrs. Parwani, who holds membership number 463162 with the Institute of Chartered Accountants of India, cited 'other professional commitments and pre-occupation with other assignments' as the primary reasons for her departure. In her resignation letter, she confirmed that there were no material reasons for her decision beyond those stated.

Company's Response

The company, headquartered in Kankhal, Haridwar, made the announcement through its Company Secretary and Compliance Officer, Sohini Bansal. The information was disclosed in compliance with Regulation 30 of the Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015.

Transition Process

To ensure a smooth transition, Mrs. Parwani has committed to handing over all necessary documents, including internal audit reports and working papers, to the management. This step is crucial for maintaining continuity in the company's internal audit processes.

About Desh Rakshak Aushdhalaya Limited

Desh Rakshak Aushdhalaya Limited, established in 1901, is a manufacturer of Ayurvedic and herbal products. The company's Corporate Identification Number (CIN) is L33119UR1981PLC006092.

The company has not yet announced a replacement for the Internal Auditor position.