Raj Oil Mills Limited Launches New Palm Oil Product PALMRAJ for Domestic Market

1 min read     Updated on 15 Jan 2026, 01:59 PM
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Suketu GScanX News Team
Overview

Raj Oil Mills Limited launched its new palm oil product PALMRAJ on January 15, 2026, targeting the domestic edible oil market. The announcement was made in compliance with SEBI Regulation 30 requirements to both BSE and NSE. The product is categorized as refined palmolein oil and will focus exclusively on domestic consumers rather than international markets.

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Raj Oil Mills Limited has officially announced the launch of its new edible oil product PALMRAJ on January 15, 2026. The company made this disclosure in compliance with SEBI Regulation 30 requirements, informing both BSE Limited and National Stock Exchange of India about this significant product development.

Product Launch Details

The new product launch represents an expansion in the company's edible oil portfolio. The announcement was made through formal communication to stock exchanges, demonstrating the company's commitment to regulatory compliance and transparency.

Parameter: Details
Product Name: Palm Oil - PALMRAJ
Launch Date: January 15, 2026
Product Category: Edible Oil
Target Market: Domestic
International Markets: Not applicable

Regulatory Compliance

The announcement was made pursuant to Regulation 30 with Schedule III Part A Para B of the SEBI (Listing Obligation and Disclosure Requirement) Regulation 2015. The company provided comprehensive details as required under SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023.

Market Focus

PALMRAJ is positioned as a refined palmolein oil product targeting the domestic edible oil market. The product launch reflects the company's strategy to expand its presence in the competitive edible oil segment. The company has confirmed that this product will not be marketed internationally, focusing exclusively on domestic consumers.

Corporate Communication

The formal announcement was signed by Priya Pandey, Company Secretary & Compliance Officer, and made available on the company's official website at www.rajoilmillsltd.com . This ensures stakeholders have access to complete product information and maintains transparency standards required by regulatory authorities.

The launch of PALMRAJ demonstrates Raj Oil Mills Limited's continued focus on product diversification within the edible oil sector, specifically targeting domestic market opportunities in the palm oil segment.

Historical Stock Returns for Raj Oil Mills

1 Day5 Days1 Month6 Months1 Year5 Years
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Raj Oil Mills Addresses Regulatory Disclosure Delay for VP-Sales Resignation

2 min read     Updated on 07 Nov 2025, 07:43 PM
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Reviewed by
Shriram SScanX News Team
Overview

Raj Oil Mills Limited addressed regulatory concerns regarding delayed disclosure of its VP-Sales resignation, explaining internal communication delays to stock exchanges while demonstrating strong corporate governance through board reappointments and improved financial performance with positive equity position.

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Raj Oil Mills Limited has provided clarification to stock exchanges regarding a delayed disclosure of an executive resignation, while maintaining its commitment to transparent corporate governance alongside recent board strengthening initiatives.

Regulatory Clarification on Disclosure Delay

The company submitted a formal clarification to BSE Limited and National Stock Exchange of India on January 5, 2026, addressing the delayed disclosure of Mr. Rajkumar Sharma's resignation as Vice President - Sales. The resignation, which occurred in May 2024, was disclosed under Regulation 30 of SEBI (LODR) Regulations, 2015.

Disclosure Details: Information
Original Resignation Date: April 8, 2024
Last Working Day: May 6, 2024
Disclosure Date: May 9, 2024
Clarification Date: January 5, 2026

According to the company's submission, the delay occurred due to internal communication timelines, with the information reaching the Compliance Officer at a later point. The company emphasized that the delay was unintentional and there was no intention to withhold material information from exchanges or investors.

Executive Transition Details

Mr. Rajkumar Sharma, who served as VP-Sales, initially submitted his resignation on April 8, 2024, with a planned last working day of May 23, 2024. However, following management discussions, his tenure was concluded earlier on May 6, 2024. The resignation correspondence reveals that Sharma had completed approximately five months with the company, describing it as a challenging yet learning-oriented period.

Board Strengthening Initiatives

Alongside addressing regulatory compliance matters, Raj Oil Mills has been strengthening its governance structure through strategic board appointments. The company's Board of Directors approved the reappointment of three independent directors for second terms of five years each, subject to shareholder approval.

Director Name: New Term Commencement
Mrs. Kiran Raghavendra Awasthi February 13, 2026
Mr. Rishang Sanjay Jain February 13, 2026
Mr. Unmesh Breed June 24, 2026

Financial Performance Highlights

The company's recent financial results demonstrate improved performance, with significant progress in key metrics:

Financial Metric: Q2 FY2026 H1 FY2026
Revenue from Operations: ₹4,024.37 cr ₹7,384.07 cr
Net Profit: ₹153.37 cr ₹294.02 cr
Earnings per Share (Basic): ₹1.02 ₹1.96

Notably, the company's total equity position improved significantly to ₹49.97 crore as of September 30, 2025, compared to a negative ₹244.08 crore at the end of the previous fiscal year.

Commitment to Compliance

In its clarification letter signed by Company Secretary & Compliance Officer Priya Pandey, Raj Oil Mills reaffirmed its commitment to timely and transparent disclosures in compliance with SEBI (LODR) Regulations, 2015. The company provided relevant email correspondence to support its explanation and requested the exchanges to take the clarification on record.

Historical Stock Returns for Raj Oil Mills

1 Day5 Days1 Month6 Months1 Year5 Years
-2.09%-4.96%-4.62%-13.36%-8.21%-12.76%
Raj Oil Mills
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