The Board to consider allotment of equity shares on preferential basis on 02.09.2025. The Trading window shall remain closed for designated persons and their relatives until 48 hours after ....
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Ramchandra Leasing & Finance Ltd has informed BSE that its Board of Directors will meet on 2nd September 2025 to consider and approve the allotment of 3,00,00,000 (Three Crore) equity shares on a preferential basis to proposed allottees. This preferential issue was previously approved by shareholders at an Extra-Ordinary General Meeting held on 23rd December 2024. The allotment will be done under the Companies Act, 2013 and SEBI (ICDR) Regulations, 2018. The trading window for designated persons and their immediate relatives has been closed and will reopen 48 hours after the board meeting outcome is shared with the stock exchange.
This is a significant equity dilution event — Three Crore new shares will be issued to specific allottees, which will increase the company's share capital and reduce the percentage holding of existing public shareholders. Shareholders should watch for the post-meeting disclosure to learn the issue price and identity of the allottees, as both will affect stock sentiment.