Richfield Financial Services Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/10/2025 ,inter alia, to consider and approve preferential issue ....
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Richfield Financial Services Ltd has informed BSE that its Board of Directors will meet on Tuesday, 14th October 2025 to consider and approve a proposal for issuing equity shares through a preferential allotment, in line with SEBI (ICDR) Regulations, 2018 and the Companies Act, 2013. The Board will also evaluate convening an Extra-Ordinary General Meeting or Postal Ballot to seek shareholder approval for this fund-raising proposal. The trading window for dealing in the company's shares, already closed from 1st October 2025, will remain closed until 48 hours after the declaration of Q2 FY26 financial results. No details on the size, price, or identity of proposed allottees have been disclosed yet.
This is an advance intimation of a potential equity dilution event; investors should watch for follow-up disclosures on issue size, price, and allottee identity, as preferential allotments can impact shareholding pattern and per-share value depending on pricing.