Intimation regarding the approval of RBI to the Voluntary Surrender of Certificate of Registration of the Company as Non-Banking Financial Company (NBFC).
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Ramsons Projects Ltd has received approval from the Reserve Bank of India to voluntarily surrender its Certificate of Registration as a Non-Banking Financial Company (NBFC). The original NBFC registration (CoR No. 14.00774) was issued on May 15, 1998, and the surrender was formally accepted by the RBI on September 19, 2025. Following this, the company will no longer carry out the primary business of granting loans or making investments as an NBFC. Instead, it intends to shift its principal business activity to the Real Estate sector. The company had first informed the stock exchange about initiating this surrender process back in March 2025.
This marks a fundamental shift in the company's business model — moving away from financial services (lending and investments) to focus on real estate. Shareholders should expect changes in revenue mix and risk profile, as the company will no longer operate under RBI's NBFC oversight. The stock may react based on investor sentiment toward the new real estate direction.