Rita Finance And Leasing Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 26/03/2026 ,inter alia, to consider and approve 1. Increase in Authorized ....
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The Board of Directors of Rita Finance and Leasing Ltd (BSE: 543256, RFLL) is scheduled to meet on Thursday, 26th March 2026 at the corporate office in Ahmedabad. Key agenda items include: (1) Increase in the Authorized Capital of the Company and consequent alteration of the Memorandum of Association, subject to shareholder approval; (2) Fund raising through further public issue, rights issue, debt issue, preferential issue, or any other mode the board deems fit, subject to shareholder approval; (3) Approval of a postal ballot notice incorporating the proposed resolutions. Sandip Patel (DIN: 10849576) has signed the intimation as Director.
This is an advance notice of potential capital expansion and fund-raising activity, which could lead to share dilution depending on the mode and pricing finally approved. Existing shareholders should watch for the postal ballot details and the specific fund-raising route, as this will determine the extent of dilution or debt burden.