The Company has received prior approval of RBI for Shifting of Registered office from the state of Gujarat to the National Capital Territory (NCT) of Delhi.
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Ramchandra Leasing & Finance Ltd, a non-banking financial company (NBFC), has received prior approval from the Reserve Bank of India to shift its registered office from the State of Gujarat (currently in Vadodara) to the National Capital Territory (NCT) of Delhi. The RBI approval was issued via letter dated November 28, 2025, in response to the company's application dated November 19, 2025. As per RBI's directive under para 44 of the Master Direction on NBFC Scale Based Regulation, 2023, the company must complete the shifting process within 30 days by filing the required documents on the PRAVAAH portal. The company will now proceed with filings with the Ministry of Corporate Affairs (MCA) and update statutory records accordingly.
This is a routine administrative relocation and is unlikely to materially affect business operations, financials, or shareholder value in the short term. Relocating to Delhi could offer better access to regulators, financial markets, and prospective business opportunities, but it is not a strategic or value-accretive event for investors.