Intimation of Trading approval for 21,56,000 equity shares allotted on preferential basis to promoter and non-promoters.
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Richfield Financial Services has received trading approval from BSE for 21,56,000 equity shares (Rs. 10 face value) allotted on a preferential basis to promoters and non-promoters at Rs. 25 per share (including Rs. 15 premium). The shares were originally allotted on March 10, 2026, and are now permitted to trade on BSE from June 9, 2026, ranking equally with existing equity shares. Of these, 20,14,400 shares are locked in until December 15, 2026, 21,600 shares until December 15, 2027, and 1,20,000 shares until December 15, 2026. The scrip code is 539435.
Existing shareholders may see mild dilution as 21,56,000 new shares begin trading, though a significant portion is locked in until December 2026, limiting immediate supply pressure on the stock.