NewsStocksRajasthan Tube Manufacturing Company Limited Board Meeting Scheduled for January 09, 2026 to Consider Name Change and Capital RaisingRajasthan Tube Manufacturing Company Limited Board Meeting Scheduled for January 09, 2026 to Consider Name Change and Capital Raising
Rajasthan Tube Manufacturing Company Limited has scheduled a board meeting for January 09, 2026, to consider significant corporate changes including a company name change, alteration of the Objects Clause, and increase in authorized share capital. The board will also evaluate capital raising proposals through equity shares and other eligible securities. All proposed changes require shareholder and regulatory approvals, and the trading window will remain closed until 48 hours after the meeting outcome is declared.
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Rajasthan Tube Manufacturing Company Limited has announced a board meeting scheduled for January 09, 2026, to consider several significant corporate restructuring initiatives and capital-related proposals.
Key Board Meeting Agenda
The board meeting will address five major items that could reshape the company's corporate structure and capital framework:
| Agenda Item | Details |
|---|---|
| Company Name Change | Subject to shareholder and regulatory approvals |
| Objects Clause Alteration | Amendment to Memorandum of Association |
| Authorized Capital Increase | Modification of Capital Clause |
| Capital Raising Proposals | Equity shares and other eligible securities |
| Other Business Matters | With Chair's permission |
Corporate Restructuring Initiatives
The proposed company name change represents a significant corporate development that will require comprehensive approvals from shareholders and regulatory authorities. This change will necessitate consequent amendments to both the Memorandum of Association and Articles of Association of the company.
The board will also consider altering the Objects Clause of the Memorandum of Association, which defines the company's business activities and operational scope. This modification is subject to approval from shareholders and applicable regulatory and statutory authorities.
Capital Enhancement Plans
A key focus of the meeting will be the proposed increase in the company's authorized share capital. This enhancement will require consequent alteration of the Capital Clause of the Memorandum of Association and relevant provisions of the Articles of Association, subject to shareholder approval and statutory authority clearances.
The board will evaluate capital raising proposals through various permissible modes under applicable laws. These proposals may involve the issuance of equity shares and other eligible securities or instruments, all subject to requisite approvals.
Trading Window Closure
In compliance with regulatory requirements, the company has announced that its trading window will remain closed until the expiry of 48 hours after the declaration of the board meeting outcome. This measure ensures proper information dissemination before trading resumes.
The meeting notification was signed by Director Chanchal (DIN: 10836478) on January 06, 2026, and communicated to the Bombay Stock Exchange under the company's scrip code 530253.
