Announced Fri, 10 Jul · 18:00 IST
Postal Ballot: borrowing limit hike to Rs 200 Cr, Rs 100 Cr NCD issue
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Price reaction · full curve 14 horizons · vs prior close
-0.1%1-day move
₹16.50
prior close
—
base price
After-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-0.1+1.9+3.9+5.9+8.0+12.3————
Up moveDown movePending
AI summary
Raama Finance seeks shareholder approval via postal ballot (e-voting July 11 to Aug 9, 2026) on 7 items: raising overall borrowing limit to Rs 200 Crores, creating charges on company assets, issuing secured redeemable NCDs up to Rs 100 Crores via private placement, adopting new MOA and AOA under Companies Act 2013, and regularising 2 directors plus confirming 1 independent director for 5 years. Results due by Aug 11.
Likely market impact
Borrowing limit and NCD proposal could increase company leverage; shareholders vote on fund-raising plans and director appointments through Aug 9.