Rudra Ecovation Ltd Share Price – BSE

Textiles, Small Cap

The Board of Rudra Ecovation at its meeting held on 22 July 2024 has appointed Vinod Kumar Goyal (V K Goyal), as Additional Director (Executive Director) cum CEO of the company.

The Board also approved the appointment of R.P. Gupta as Director (Projects), Senior Management Personnel of the Company.

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The Board of Rudra Ecovation at its meeting held on 11 July 2024 has approved the allotment of 2,07,65,000 warrants on preferential basis at an issue price [including the warrant subscription price (Rs.12/- per warrant) and the warrant exercise price (Rs. 36/-per warrant)] of Rs. 48/- each aggregating to Rs.99.67 crore.

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Net profit of Rudra Ecovation declined 27.20% to Rs 1.82 crore in the quarter ended March 2024 as against Rs 2.50 crore during the previous quarter ended March 2023. Sales rose 81.59% to Rs 10.06 crore in the quarter ended March 2024 as against Rs 5.54 crore during the previous quarter ended March 2023.

For the full year,net loss reported to Rs 0.64 crore in the year ended March 2024 as against net profit of Rs 2.93 crore during the previous year ended March 2023. Sales declined 26.87% to Rs 19.62 crore in the year ended March 2024 as against Rs 26.83 crore during the previous year ended March 2023.

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Rudra Ecovation announced that an Extra Ordinary General Meeting (EGM) of the Company will be held on 17 June 2024 .

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