Announced Fri, 4 Sept, 2026 · 12:57 IST
Promoter Ashish Khanna raises RLF stake to 21.22 percent via loan to equity conversion
Promoter Stake BuyCreeping Acquisition Near ThresholdOwnership Changes View source PDFExplain this filing
Price
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Price reaction · full curve 14 horizons · vs prior close
-9.2%1-day move
₹9.50
prior close
₹8.25
base price
In-mkt
timing
5m10m15m30m1D2D3D4D5D7D15D1M2M3M
————-9.2-9.5-9.4+3.7+3.9+3.2+0.0-1.1——
Up moveDown movePending
AI summary
Promoter Ashish Khanna acquired 6,50,000 shares (3.88 percent) in RLF Limited via preferential allotment by converting an outstanding loan into equity on 02 Sep 2026. His stake rose from 17.34 percent (16,71,952 shares) to 21.22 percent (23,21,952 shares). RLF total share capital grew from 96.43 lakh to 1.09 crore equity shares of Rs 10 each.
Likely market impact
Promoter holding rises to 21.22 percent via debt to equity conversion. No new cash invested by promoter. Increases promoter concentration and dilutes minority shareholders.