Raama Finance Limited (formerly Ramchandra Leasing & Finance Limited) has filed its quarterly compliance certificate with BSE Limited under SEBI (Depositories and Participants) Regulations, 2018 for the quarter ended March 31, 2026. The submission was made on April 14, 2026, by Company Secretary and Compliance Officer Dhiraj Kumar Jha.

Regulatory Compliance Certificate

The certificate was issued under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. Purva Sharegistry (I) Pvt. Ltd., serving as the company's Registrar and Share Transfer Agent, prepared the compliance certificate dated April 01, 2026.

Share Dematerialization Activity

The detailed report reveals no dematerialization activity during the quarter. The certificate confirms that all security certificates received from depository participants for dematerialization were processed within prescribed timelines and regulatory requirements were met.

Company Information

Raama Finance Limited operates under CIN L65910GJ1993PLC018912 with its registered office located at 201, Rudra Plaza Complex, Dandia Bazar Main Road, Vadodara – 390001. The company maintains its corporate office at F 40, Ground Floor, Sector 6, Noida, Gautam Buddha Nagar, Uttar Pradesh- 201301.

Regulatory Framework

The SEBI (Depositories and Participants) Regulations, 2018 mandate quarterly compliance certificates from listed companies regarding dematerialization activities. Purva Sharegistry (I) Pvt. Ltd., registered with SEBI under registration number INR000001112 as Category 1 Registrar, confirmed that all regulatory procedures were followed during the quarter.

The compliance certificate ensures transparency in share transfer processes and maintains investor confidence through proper documentation of dematerialization activities, even when no transactions occurred during the reporting period.

Raama Finance Limited has announced the resignation of its Whole Time Director and Internal Auditor, both effective from April 02, 2026. The company informed BSE Limited about these key leadership changes through a regulatory filing dated April 03, 2026, in compliance with SEBI disclosure requirements.

Whole Time Director Resignation

Mr. Pradeep Saremal Jain (DIN: 03363790) tendered his resignation from the position of Whole Time Director effective April 02, 2026. The resignation was attributed to personal reasons, as confirmed in his formal resignation letter to the Board of Directors.

In his resignation letter, Mr. Jain confirmed that his decision was purely based on personal grounds with no other material reasons. He expressed gratitude to the Board and management for their support during his tenure and wished the company continued success.

Internal Auditor Resignation

H M Savla & Co., Chartered Accountants, also resigned from their position as Internal Auditors of the company effective April 02, 2026. The resignation was primarily driven by geographical constraints and workload considerations.

The auditing firm cited practical challenges in conducting internal audits due to the geographical distance between their Mumbai-based operations and the company's Vadodara location. They also mentioned preoccupation with other work commitments as a contributing factor to their decision.

Regulatory Compliance

Raama Finance Limited has fulfilled all regulatory disclosure requirements under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company provided detailed annexures containing specific information about both resignations as mandated by SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023.

The resignation letter from the Whole Time Director will be placed before the Board of Directors in the upcoming Board Meeting for formal consideration and acceptance. Both resignations represent significant changes in the company's leadership structure and internal governance framework.