Board approves 100% acquisition of RLCPL via share swap, raises authorized capital

Revenue Growth 20pctPat Growth 25pctResults View source PDF Explain this filing

Price

Loading chart…

▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close

-2.7%Reaction day

₹0.37

prior close

₹0.39

announcement price

After-mkt

timing

Nifty Microcap 250market · in no size index; the smallest one is used-1.0%-1.7% vs market

Non Banking Financial Company (NBFC) peers, median of 218sector-0.9%-1.8% vs sector

On the reaction day the stock moved 1.7 pts less than Nifty Microcap 250 and 1.8 pts less than its Non Banking Financial Company (NBFC) peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark

Stock

-5.1

10m

-2.6

15m

-2.6

30m

-5.1

Sessions after the filingfrom the prior close

StockMarketvs marketSectorvs sector

Reaction day

-2.7-1.0-1.7-0.9-1.8

Next day

-2.7-0.4-2.3-0.4-2.3

-2.7-0.8-1.9-0.0-2.7

+0.0-1.9+1.9-0.6+0.6

-2.7-1.3-1.4-0.8-1.9

+0.0-1.0+1.0-1.3+1.3

-5.4-2.8-2.6-1.4-4.0

15d

+0.0+0.4-0.4-0.9+0.9

+2.7+2.4+0.3-0.7+3.4

-2.7+1.0-3.7-1.4-1.3

+2.7+1.8+1.0-3.2+5.9

UpDownMarket · Nifty Microcap 250Sector · Non Banking Financial Company (NBFC) peers, median of 218Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Board approved acquiring 100% of Rajal Lefin and Commercial Pvt Ltd for Rs 27.51 crores via share swap by issuing 27.51 crore equity shares at Re 1 each to RLCPL shareholders. RLCPL will become wholly owned subsidiary. Authorized capital to rise from Rs 24.25 cr to Rs 51.80 cr, subject to shareholder approval. Q1 FY27 results: total revenue Rs 12.41 lakhs versus nil in Q1 FY26, profit after tax Rs 7.52 lakhs versus loss of Rs 8.10 lakhs. AGM set for 7 August 2026.

Likely market impact

Share swap will heavily dilute existing shareholders but adds RLCPL as wholly owned subsidiary. Q1 results swung to profit from prior year loss.