1. Adoption of valuation report for preferential issue by Registered Valuer S. Dehaleesan [IBBI/RV/04/2019/11659]. 2. Fixation of relevant date i.e. 22nd October 2025 for preferential issue.
Price
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Awaiting price reaction for this filing.
Richfield Financial Services' board, at its meeting on October 23, 2025, approved the valuation report prepared by Registered Valuer S. Dehaleesan for an upcoming preferential issue. The board also fixed October 22, 2025 as the 'relevant date' for determining the issue price of the preferential allotment. No details on issue size, pricing, or identity of proposed allottees have been disclosed in this filing.
This is a procedural step signaling that a preferential equity allotment is in progress. Shareholders should watch for a follow-up announcement with issue price, quantity, and allottees, which will determine any dilution impact.