The board of Rajdhani Leasing & Industries in its Meeting on 13 June 2012 has approved to increase the authorised share capital of the company.
The board has approved to make preferential allotment of 2,000,000 equity shares to the promoters of the company at a price of Rs 85 per share or such higher price as may be decided by the board of directors considering the provisions of SEBI (ICDR) Regulations, 2009 and other applicable rules and regulations.
Further, the board has approved to acquire 100% stake in Allied Perfumers.