Royal India Corporation Promoter Reduces Stake Through Open Market Sale

Royal India Corp Limited, a company listed on the BSE, has reported a change in its promoter shareholding. According to a recent disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Mrs. Lata Manojkumar Punamiya, a promoter of the company, has reduced her stake through an open market transaction.

Key Details of the Transaction

Aspect	Details
Seller	Mrs. Lata Manojkumar Punamiya (Promoter)
Transaction Type	Open Market Sale
Shares Sold	0.50% of equity shares
Date of Transaction	December 3, 2025
Impact on Promoter Holding	Reduction from 42.47%

Company Share Capital

The disclosure also provided information about the company's share capital:

Capital Type	Details
Total Equity Shares	11,79,70,000
Face Value per Share	Rs. 10/-

Implications

This transaction represents a minor reduction in the promoter group's shareholding in Royal India Corp Limited. While the exact post-sale shareholding percentage of the promoter group is not specified, it has decreased from the previous 42.47%.

Regulatory Compliance

The company has duly informed the BSE Limited about this change in shareholding, adhering to the transparency requirements set by SEBI. This disclosure helps maintain market integrity and keeps investors informed about significant changes in ownership structures of listed companies.

Investors and market participants are advised to consider this information as part of their overall assessment of the company, while also factoring in other relevant financial and operational aspects before making any investment decisions.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.08%	+0.16%	-8.01%	-25.06%	-75.02%	+598.91%

Royal India Corporation Limited (RICL) has announced significant changes in its leadership and capital structure, as approved by its Board of Directors on October 30, 2025.

New CFO Appointment

The company has appointed Mohit Kothari as its new Chief Financial Officer (CFO) and Key Managerial Personnel, effective immediately. Kothari brings a decade of experience in trading gold and bullions, which aligns with RICL's business focus.

Proposed Warrant Issue

RICL's Board has approved the issuance of up to 5 crore warrants convertible into equity shares through preferential allotment. This decision is subject to shareholder approval and compliance with regulatory requirements.

Key Details of the Warrant Issue

Aspect	Details
Number of Warrants	Up to 5,00,00,000 (5 crore)
Conversion Ratio	1 warrant : 1 equity share
Face Value of Resulting Shares	Rs. 10 each
Allottees	Non-promoter entities
Exercise Period	Within 18 months from allotment
Pricing	As per SEBI ICDR Regulations

Allotment to Non-Promoter Entities

The warrants are proposed to be issued to four non-promoter entities:

Entity	Number of Warrants
Oparo Buildcon Private Limited	1,50,00,000
Italindia Cotton Company Private Limited	1,50,00,000
Trinetra Infracon Private Limited	1,00,00,000
Oparo Fine Essentials LLP	1,00,00,000

Potential Impact on Shareholding

If all warrants are converted, it could significantly alter the company's shareholding structure:

Allottee	Pre-Issue Shareholding	Post-Issue Shareholding
Oparo Buildcon Private Limited	0.00%	8.93%
Italindia Cotton Company Private Limited	7.21%	14.00%
Trinetra Infracon Private Limited	0.00%	5.95%
Oparo Fine Essentials LLP	0.00%	5.95%

The proposed warrant issue, if fully subscribed and converted, may lead to a dilution of existing shareholdings while potentially providing the company with additional capital for its operations or expansion plans.

These corporate actions signal potential changes in Royal India Corporation's financial strategy and capital structure. Shareholders and potential investors should closely monitor further developments and official communications from the company regarding these matters.