Detailed Coverage

Raj Oil Mills Proposes Name Change to Raj Industries, Raises ₹5.75 Crore

Raj Oil Mills Ltd is set to be renamed Raj Industries Limited after its Board of Directors approved a proposal for a name change and a preferential allotment of securities, injecting ₹5.75 crore into the company.

What just happened

The company will issue 10,00,000 equity shares at ₹46 each, raising ₹4.6 crore. Additionally, 10,00,000 warrants were issued at ₹46 per warrant, with 25% (₹11.50 per warrant) paid upfront, totaling ₹1.15 crore. The total capital raised amounts to ₹5.75 crore.

Why this matters

The preferential allotment strengthens the company's balance sheet with fresh capital. The proposed name change from "Raj Oil Mills Limited" to "Raj Industries Limited" signals a potential strategic shift or diversification beyond its traditional oil milling business, opening new avenues for growth.

The backstory

Raj Oil Mills had a paid-up equity capital of ₹14.99 crore as of July 27, 2026. Following the allotment, this will increase to ₹15.99 crore.

What changes now

The company's name will change to "Raj Industries Limited," subject to regulatory and shareholder approvals. The preferential allotment boosts the paid-up equity capital. Warrants offer potential for further equity infusion over 18 months upon conversion.

Risks to watch

Investors should monitor future announcements regarding the strategic direction and utilization of the newly raised funds to understand the impact of the proposed diversification.

Peer comparison

(No verifiable peer comparison data available in the filing.)

Context metrics (time-bound)

• Total Amount Raised (Equity): ₹4.6 crore (July 27, 2026)
• Total Amount Raised (Warrants Upfront): ₹1.15 crore (July 27, 2026)
• Previous Paid-up Equity Capital: ₹14.99 crore (July 27, 2026)
• New Paid-up Equity Capital: ₹15.99 crore (July 27, 2026)

What to track next

Investors should track the necessary approvals for the name change and understand the company's future business strategy and plans for deploying the raised capital.

Reader Takeaway: Capital infusion and a potential business pivot indicated by a name change signal growth prospects.