Raama Finance Ltd

Raama Finance Limited, formerly known as Ramchandra Leasing & Finance Limited, announced the allotment of 10,150,000 fully paid-up equity shares following the conversion of an equal number of warrants, receiving Rs 487.20 million in consideration. The company also appointed Kumar Gaurav & Co. as its statutory auditors to fill a casual vacancy, replacing Goyal Nagpal and Co., who resigned from the position.

RAAMA FINANCE LIMITED, formerly known as Ramchandra Leasing & Finance Limited, submitted a certificate to the BSE Limited on October 13, 2026, confirming the dematerialization of share certificates between July 1, 2026, and September 30, 2026, as per Regulation 74(5) of the Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, with Purva Sharegistry (I) Pvt. Ltd. acting as the Registrar and Share Transfer Agent.

Raama Finance Limited, formerly known as Ramchandra Leasing & Finance Limited, will close its trading window for directors, promoters, designated persons, connected persons, and their immediate relatives from October 1, 2026, until 48 hours after the declaration of the company’s unaudited financial results for the quarter ending September 30, 2026, in compliance with SEBI regulations.

Raama Finance Limited, formerly known as Ramchandra Leasing & Finance Limited, announced the allotment of 4,610 unsecured, unrated, redeemable, non-convertible debentures with a face value of Rs 10,000 each, totaling Rs 4,61,00,000, on a private placement basis. The company also approved the resignation of Mr. Rajesh Singh Kaira as Managing Director and his redesignation as a Non-Executive, Non-Independent Director, effective September 23, 2026. Additionally, Raama Finance allotted 97,00,000 fully paid-up equity shares upon the conversion of an equal number of warrants, receiving Rs 3,49,20,000 in consideration, and increasing the company's paid-up equity share capital to Rs 9,08,62,000.

Raama Finance Limited, formerly known as Ramchandra Leasing and Finance Limited, announced the approval to issue 5,000 unrated, secured, redeemable, non-convertible debentures ("NCDs") with a face value of Rs 10,000 each, totaling Rs 5 crore, under Series A on a private placement basis. The company's board also appointed Mr. Jitendar Prasad as Chief Executive Officer and Key Managerial Personnel, effective September 22, 2026.

Raama Finance Limited, formerly known as Ramchandra Leasing & Finance Limited, will hold a board meeting on September 22, 2026, to consider and approve the terms and conditions and allotment of Unlisted, Unsecured, Redeemable, Non-Convertible Debentures ("NCDs") with a face value of Rs 10,000 each, aggregating up to Rs 5,00,00,000 on a private placement basis, following member approval via postal ballot for an aggregate amount not exceeding Rs 100,00,00,000.

Raama Finance Limited, formerly known as Ramchandra Leasing & Finance Limited, confirmed to the BSE Limited on August 13, 2026, that there was no deviation or variation in the use of proceeds from its preferential issue of warrants, amounting to Rs 13,68,00,000, for the quarter ended June 30, 2026, in compliance with SEBI regulations. The company received 25% of the total issue size of Rs 54,72,00,000 on March 17, 2026, and has utilized the funds for expansion of business, capital expenditure towards intangible assets, and general corporate purposes, as originally planned.

Raama Finance Limited, formerly known as Ramchandra Leasing & Finance Limited, announced the appointment of Mr. Manish as Chief Financial Officer (CFO) & Key Managerial Personnel, effective August 13, 2026. Mr. Manish has over eight years of experience in finance, accounting, and NBFC operations, and is currently responsible for overseeing the company’s finance and accounting functions.

Raama Finance Limited, formerly known as Ramchandra Leasing & Finance Limited, will hold a board meeting on Thursday, August 13, 2026, to approve the appointment of a Chief Financial Officer (CFO) and consider the standalone unaudited financial statements for the quarter ended June 30, 2026, along with a limited review report from the statutory auditor.

Raama Finance Limited, formerly known as Ramchandra Leasing and Finance Limited, disclosed that Mr. Akhil Mittal and Mrs. Pratika Sharma, both promoters, have created a pledge over 39,06,250 shares each, representing 27.46% and 27.46% respectively of the company's total share capital, on July 31, 2026, to Mufin Green Finance Limited as security for a term loan.