Rajasthan Securities Limited board approved a ₹40 crore corporate guarantee and direct loan to its wholly owned subsidiary, RSL Securities Private Limited. The decision, taken on September 23, 2026, facilitates business loan facilities for the subsidiary.

The corporate guarantee is provided in favour of Neuzen Finance Private Limited to support borrowings by RSL Securities Private Limited. The total aggregate amount of the guarantee and loan stands at ₹40 crore. The board meeting commenced at 5:30 pm and concluded at 7:10 pm on the same day.

Transaction details

The approval was based on the recommendation of the Audit Committee. The transaction involves providing financial support to a 100% owned subsidiary. The company disclosed that the promoter group does not have any interest in this transaction, ensuring it is conducted at arm's length.

Impact on listed entity

The company stated that the corporate guarantee constitutes a contingent liability. As the beneficiary is a wholly owned subsidiary, the management asserted that there is no immediate impact on the listed entity's financial position. The disclosure was made under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Rajasthan Securities has scheduled its 33rd Annual General Meeting for September 22, 2026. The meeting will be conducted via video conferencing or other audio-visual means at 2:00 pm.

The company also issued a disclosure under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This action provides shareholders without registered email addresses with a weblink to access the Integrated Annual Report for FY26.

Corporate Governance Updates

The notice, dated August 31, 2026, reminds physical security holders to update their KYC details. This requirement stems from SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024.

Shareholders must record their PAN, address with PIN code, mobile number, bank details, specimen signature, and choice of nomination. Those holding securities in physical mode are urged to dematerialize them.

Payment Eligibility Rules

Effective April 1, 2024, folios missing updated PAN, nomination, contact details, bank account details, or specimen signatures are eligible for payments only through electronic mode. This applies to dividends, interest, and redemption payments.

The company encourages all security holders to register their email addresses to receive important information and support green initiatives. Forms ISR-1, ISR-2, ISR-3, SH-13, and SH-14 are available on the company website.