Rajoo Engineers Limited , a prominent player in the manufacturing sector, has announced the implementation of a new flexible working framework, set to take effect in November 2025. This innovative approach aims to enhance employee wellbeing while ensuring uninterrupted 24/7 customer support across various time zones.

Key Features of the New Framework

Impact on Employees and Operations

The new framework empowers Rajoo Engineers' workforce to manage their schedules more responsibly, potentially leading to:

• Improved work-life balance
• Enhanced productivity
• Sustained energy levels throughout the workday

Customer-Centric Approach

By implementing this flexible working model, Rajoo Engineers demonstrates its commitment to:

1. Providing consistent operational coverage
2. Ensuring faster response times to customer inquiries
3. Supporting clients across different time zones more effectively

Industry Implications

This move by Rajoo Engineers Limited could set a new standard in the manufacturing sector for balancing employee wellbeing with customer service excellence. As companies increasingly recognize the importance of flexible work arrangements, Rajoo's initiative may inspire similar actions across the industry.

The success of this framework will likely be closely watched by industry peers and could potentially influence future workplace policies in the manufacturing sector and beyond.

Conclusion

Rajoo Engineers Limited's introduction of a flexible working framework represents a forward-thinking approach to modern workplace challenges. By prioritizing both employee wellbeing and customer support, the company is positioning itself as an innovative leader in the manufacturing industry. The effectiveness of this initiative in improving employee satisfaction and customer service quality will be crucial in determining its long-term impact on the company's operations and market position.

Rajoo Engineers Limited has reported variations in its Qualified Institutional Placement (QIP) fund utilization, according to the latest monitoring agency report for the quarter ended September 30, 2025. The report, issued by CARE Ratings Limited, highlights significant deviations from the original placement document projections.

Higher Issue Expenses

The most notable deviation was in the issue-related expenses. The actual expenses were 32.63% higher than initially projected in the placement document:

The total issue expenses reached Rs. 24.20 crore, which is 51% higher than the Rs. 16 crore mentioned in the placement document. The additional expenses were funded partly from the issue proceeds and partly from internal accruals and interest income on bank fixed deposits.

Lower Acquisition Costs

On the flip side, the company reported lower costs for its inorganic growth strategy:

Rajoo Engineers attributed this reduction to acquiring a smaller stake in the target entity than originally envisaged. The company utilized these funds to acquire a 60% equity stake in Kohli Printing and Converting Machines Pvt Ltd, which has now become a subsidiary.

Fund Utilization

Despite the variations, Rajoo Engineers has fully utilized the QIP proceeds of Rs. 160 crore:

The monitoring agency noted that there was some comingling of funds in the company's accounts, necessitating reliance on management declarations and chartered accountant certificates to ascertain the exact utilization.

Timely Completion

Despite the cost variations, Rajoo Engineers completed both objectives - the inorganic expansion and the handling of issue expenses - within the projected timeframe of FY26, as per the placement document.

The monitoring report, reviewed by the company's Audit Committee on November 14, 2025, provides transparency on the utilization of QIP proceeds. While the higher-than-expected issue expenses raise questions, the lower acquisition costs suggest a potentially more conservative approach to inorganic growth than initially planned.