Rajapalayam Mills
855.10
-25.25(-2.87%)
Market Cap₹788.42 Cr
PE Ratio14.79
IndustryTextiles
Company Performance:
1D-2.87%
1M+3.75%
6M-5.61%
1Y-2.67%
5Y+22.11%
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More news about Rajapalayam Mills
10Oct 25
Rajapalayam Mills Shareholders Approve Six Resolutions in Postal Ballot
Rajapalayam Mills Limited announced the successful completion of a postal ballot through remote e-voting. Shareholders approved six special business resolutions, including four material related party transactions valued up to Rs. 450 crores each, an increase in investment and loan limits to Rs. 150 crores, and the re-appointment of Justice Smt. Chitra Venkataraman as a Non-Executive Independent Director. The voting process, scrutinized by R. Palaniappan, showed overwhelming support for all resolutions, with approval rates ranging from 98.67% to 99.80%.
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06Sept 25
Rajapalayam Mills Seeks Shareholder Approval for Related Party Transactions and Director Reappointment
Rajapalayam Mills Limited has issued a postal ballot notice for six resolutions. These include approval for material related party transactions with four group companies, each valued up to Rs 450 crores for FY 2025-26 to 2027-28. The company also seeks to increase investment limits and reappoint Justice Smt. Chitra Venkataraman as an Independent Director. E-voting will be conducted from September 10 to October 9, 2025.
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04Sept 25
Rajapalayam Mills Completes Rs 15.45 Crore Acquisition of Ramco Industries Shares
Rajapalayam Mills Limited has acquired 5,00,000 shares of Ramco Industries Limited (RIL) for Rs 15.45 crore through a block deal mechanism. The transaction was executed as an inter-se transfer among the Promoter Group, with shares purchased from Smt. Alagaraja Ramalakshmi. The acquisition, approved by Rajapalayam Mills' Board of Directors, falls within the set investment limit of Rs 15.80 crore. This move strengthens Rajapalayam Mills' stake in RIL, building upon its existing investment of Rs 89.94 crore, which has appreciated to a market value of Rs 363.47 crore. The Promoter Group's stake in RIL was 54.81% before this transaction, with no expected change in RIL's management following the acquisition.
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03Sept 25
Rajapalayam Mills to Invest ₹15.8 Crore in Associate Company Ramco Industries
Rajapalayam Mills Limited has approved an additional investment of up to ₹15.8 crore in its associate company, Ramco Industries Limited (RIL), through a promoter group inter-se transfer. The investment will be made by purchasing shares from a promoter group member at market price. Rajapalayam Mills' current investment of ₹89.94 crore in RIL has appreciated to ₹363.47 crore. The acquisition is to be completed within six months, with no change expected in RIL's management control. The transaction complies with SEBI regulations and requires no additional approvals.
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11Aug 25
Rajapalayam Mills Appoints Justice Chitra Venkataraman as Independent Director, Reports Q1 Results
Rajapalayam Mills appointed Justice Smt. Chitra Venkataraman as an Additional Independent Director. The company reported Q1 FY2026 results with a standalone net loss of ₹1225.00 lakhs and consolidated net profit of ₹812.00 lakhs. The board approved a ₹50 crore corporate guarantee for Sandhya Spinning Mill Limited and proposed additional investments and related party transactions subject to shareholder approval.
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11Aug 25
Rajapalayam Mills Reports Strong Q1 Performance with EBITDA Surging to 229M Rupees
Rajapalayam Mills' Q1 EBITDA increased to 229.00 million rupees from 159.00 million rupees year-over-year, with EBITDA margin rising to 12.13% from 7.33%. The Board appointed Justice Smt. Chitra Venkataraman as an Independent Director, approved a 50.00 crore rupees corporate guarantee for Sandhya Spinning Mill Limited, and agreed to investments and loans up to 150.00 crore rupees. Material related party transactions up to 450.00 crore rupees each were approved with four companies for three financial years. The Board also approved Q1 un-audited financial results.
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28May 25
Rajapalayam Mills Reports Q4 Net Loss of ₹46 Crore Amid Challenging Market Conditions
Rajapalayam Mills announced a consolidated net loss of ₹46.00 crore for Q4, compared to a profit of ₹83.00 crore last year. Revenue slightly declined to ₹220.00 crore from ₹222.00 crore. The company faced margin pressure with operating profit margin dropping to 4.87% from 9.30%. Expenses increased by 18.72% to ₹218.20 crore, outpacing revenue growth. For the full fiscal year, total revenue was ₹868.60 crore with a net loss of ₹9.20 crore.
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Rajapalayam Mills
855.10
-25.25
(-2.87%)
1 Year Returns:-2.67%
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