Ritesh International Ltd

Ritesh International Updates Use of Preferential Issue Proceeds 🔄

- The company has updated the use of proceeds from its proposed preferential issue.

- Funds will now be entirely allocated to 'reduction of working capital limits'.

- This marks a change from the earlier plan approved in the EGM resolution on 30.10.2025, which included broader credit facility repayment.

- The clarification aligns with the EGM resolution passed on 30.10.2025.