Rudra Ecovation
24.00
-0.10(-0.41%)
Market Cap₹286.41 Cr
PE Ratio-104.78
IndustryTextiles
Company Performance:
1D-0.41%
1M+7.72%
6M-38.63%
1Y-49.28%
5Y+643.03%
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More news about Rudra Ecovation
12Jan 26
Shiva Spinfab Private Limited Acquires 27.8 Lakh Equity Shares in Rudra Ecovation Limited
Shiva Spinfab Private Limited acquired 27,80,000 equity shares in Rudra Ecovation Limited through warrant conversion on January 8-9, 2026, increasing the promoter group's combined holding to 15.70% from 13.81%. The acquisition was completed through preferential allotment with warrants converted at 1:1 ratio at ₹48.00 per share. The company's equity share capital increased to ₹11,82,78,000 post-acquisition, with 17,20,000 warrants remaining for potential future conversion.
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10Jan 26
Rudra Ecovation Allots 10.5 Lakh Equity Shares Through Warrant Conversion
Rudra Ecovation Limited has successfully allotted 10,50,000 equity shares through warrant conversion to non-promoter Dinesh Pareekh at ₹48.00 per share, raising ₹3.78 crores. The conversion, approved on January 10, 2026, increased the company's paid-up capital from ₹11.83 crores to ₹11.93 crores. Dinesh Pareekh's shareholding increased from 1.76% to 2.63%, representing successful execution of the company's capital raising strategy initiated in July 2024.
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10Jan 26
Rudra Ecovation Allots 10.5 Lakh Equity Shares Upon Warrant Conversion for ₹3.78 Crores
Rudra Ecovation Limited completed the allotment of 10,50,000 equity shares to non-promoter Dinesh Pareekh through warrant conversion at ₹48.00 per share, raising ₹3.78 crores. The transaction increased the company's paid-up capital from ₹11.83 crores to ₹11.93 crores, while Dinesh Pareekh's shareholding rose from 1.76% to 2.63%. The newly issued shares will be in dematerialized form and rank pari-passu with existing equity shares.
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09Jan 26
Rudra Ecovation Allots 22.20 Lakh Equity Shares Upon Warrant Conversion
Rudra Ecovation Limited completed the allotment of 22.20 lakh equity shares to promoter Shiva Spinfab Private Limited upon warrant conversion at ₹48.00 per share on January 09, 2026. This increased the company's paid-up capital from ₹11.61 crores to ₹11.83 crores, while Shiva Spinfab's shareholding rose from 1.56% to 3.41%. The allotment was conducted under SEBI regulations with shares issued in dematerialized form.
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09Jan 26
Rudra Ecovation Allots 22.20 Lakh Equity Shares Through Warrant Conversion
Rudra Ecovation Limited completed allotment of 22,20,000 equity shares to promoter Shiva Spinfab Private Limited through warrant conversion at ₹48.00 per share, raising ₹7.99 crores. The company's paid-up share capital increased from ₹11.61 crores to ₹11.83 crores, while Shiva Spinfab's shareholding rose from 1.56% to 3.41%. The allotment was approved by the Board on January 09, 2026, in compliance with SEBI regulations.
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08Jan 26
Rudra Ecovation Allots 16.90 Lakh Equity Shares Upon Warrant Conversion, Raises ₹6.08 Crores
Rudra Ecovation Limited has successfully completed the allotment of 16,90,000 equity shares through warrant conversion, raising ₹6.08 crores at ₹48 per share. The conversion increased the company's paid-up capital from ₹11.44 crores to ₹11.61 crores, with shares distributed between Vinayak International (11,30,000 shares) and Shiva Spinfab Private Limited (5,60,000 shares), resulting in enhanced shareholding positions for both investors.
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13Nov 25
Rudra Ecovation Reports Q2 FY2026 Loss, Extends Preference Share Redemption
Rudra Ecovation Limited reported a net loss of ₹170.33 lakh in Q2 FY2026, down 11.4% year-over-year. Total revenue declined 42.0% to ₹156.82 lakh. The company extended the redemption period for 3,60,000 4% Non-Cumulative Redeemable Preference Shares to August 31, 2026. Board meeting held on November 13, 2025, approved the quarterly results.
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26Sept 25
Rudra Ecovation Files Merger Petition with NCLT for Amalgamation with Shiva Texfabs
Rudra Ecovation Limited has filed a petition with the NCLT, Chandigarh Bench, for approval of its proposed merger with Shiva Texfabs Limited. The company received a 'No Adverse Observations' letter from the stock exchange on August 25, 2025. Rudra Ecovation also announced the closure of its trading window from October 1, 2025, until 48 hours after the declaration of Q2 FY2025 results, in compliance with SEBI regulations.
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26Aug 25
Rudra Ecovation Receives BSE's Green Light for Merger with Shiva Texfabs
Rudra Ecovation Limited (REL) received a 'no adverse observations' letter from BSE Limited on August 25, 2025, for its proposed merger with Shiva Texfabs Limited (STL). SEBI outlined 13 conditions for the merger, including disclosure requirements and compliance with regulations. The merger involves REL as the transferor and STL as the transferee. The company must now seek approvals from NCLT, shareholders, and creditors. The BSE observation letter is valid for six months, during which REL must submit the scheme to NCLT. Post-merger listing of STL shares is subject to SEBI relaxation and compliance with disclosure requirements.
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13Aug 25
Rudra Ecovation Reports Q1 Loss, Appoints New Independent Director
Rudra Ecovation, a textile manufacturer, reported a net loss of Rs 86.86 crore for Q1 ended June 30, compared to Rs 25.58 crore loss in the same period last year. Revenue from operations slightly decreased to Rs 527.88 crore from Rs 533.93 crore. The company announced board changes, including the resignation of Mr. Surjit Singh and appointment of Mr. Dharam Veer Singh as Non-Executive Independent Director. Various committees were reconstituted, and the Securities Transfer Committee was merged with the Stakeholder Relationship Committee. A scheme of amalgamation between Rudra Ecovation and Shiva Texfabs Limited is pending approval from BSE and SEBI.
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Rudra Ecovation
24.00
-0.10
(-0.41%)
1 Year Returns:-49.28%
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