RGF Capital Markets acquirers revise disclosure for BSE discrepancy

1 min read     Updated on 13 Jul 2026, 09:52 PM
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Reviewed by
Naman SScanX News Team
AI Summary

Acquirers in RGF Capital Markets submitted a revised disclosure under Regulation 29(1) of the SEBI SAST Regulations to rectify a discrepancy flagged by BSE Limited. The filing confirms there is no change in the number of shares acquired, voting rights, or the percentage of acquisition compared to earlier disclosures. The acquisition of 1,38,65,708 shares via the open market on February 16, 2026, increased the group's total holding to 13.91%.

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Acquirers in R G F Capital Markets Ltd submitted a revised disclosure under Regulation 29(1) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, to rectify a discrepancy flagged by BSE Limited. The filing confirms there is no change in the number of shares acquired, voting rights, or the percentage of acquisition compared to earlier disclosures submitted by the acquirer and Persons Acting in Concert (PACs). The revised filing addresses a communication from the exchange regarding the previous submission.

The group, comprising nine individuals and entities including Nishad Jitendra Shah and Rocksolid Enterprise, acquired a total of 1,38,65,708 equity shares through the open market. The transaction, dated February 16, 2026, increased the aggregate holding of the acquirers to 2,08,65,708 shares, representing 13.91% of the total voting capital of RGF Capital Markets.

Prior to this acquisition, the group held 70,00,000 shares, accounting for 4.67% of the share capital. Following the purchase, individual holdings range from 0.11% to 2.95%, with Nishad Jitendra Shah holding the largest stake at 2.95%. The acquirers confirmed they do not belong to the promoter or promoter group of the target company.

The equity shares of RGF Capital Markets are listed on BSE Limited and Calcutta Stock Exchange Limited. The total paid-up equity share capital of the company remains Rs. 15,00,24,000, comprising 15,00,24,000 equity shares of Re.1 each. The diluted share capital also stands at 15,00,24,000 shares.

Shareholding Details

Acquirer / PAC Shares Acquired % of Total Share Capital Post-Acquisition Holding % Post-Acquisition
Nishad Jitendra Shah 44,27,548 2.95 44,27,548 2.95
Nishad Jitendra Shah-HUF 14,73,251 0.98 21,73,251 1.45
Rajshree Nishad Shah 25,56,753 1.70 32,56,753 2.17
Parshwa Nishad Shah 13,71,916 0.91 27,71,916 1.85
Payal Paras Shah 1,63,695 0.11 1,63,695 0.11
Trupti Management Services Private Limited 18,70,795 1.25 18,70,795 1.25
Rocksolid Investment 8,48,094 0.57 28,48,094 1.90
Rocksolid Enterprise 9,19,807 0.61 31,19,807 2.08
Rockthree Framework LLP 2,33,849 0.16 2,33,849 0.16
Total 1,38,65,708 9.24% 2,08,65,708 13.91%

Historical Stock Returns for RGF Capital Markets

1 Day5 Days1 Month6 Months1 Year5 Years
+1.69%+17.56%+13.15%+138.61%+301.67%+143.43%

Will the acquirers seek board representation given their stake now exceeds the 10% threshold?

Does the group intend to increase their holding further to trigger an open offer obligation?

How will the market react to this accumulation by non-promoter entities regarding the company's governance?

RGF Capital Markets reports FY26 net profit, publishes results

1 min read     Updated on 28 May 2026, 03:01 PM
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Reviewed by
Anirudha BScanX News Team
AI Summary

RGF Capital Markets reported a net profit of ₹4.15 lakh for the financial year ended March 31, 2026, a significant increase from ₹0.01 lakh in the previous year. Revenue from operations rose to ₹56.43 lakh, driven by interest income, while total assets increased to ₹1,562.15 lakh. The board approved the audited financial results and the re-appointment of Mr. Ajay Pratap Singh as an Independent Director.

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RGF Capital Markets reported a net profit of ₹4.15 lakh for the financial year ended March 31, 2026, a substantial increase from ₹0.01 lakh in the previous year. The company's board approved the audited financial results for the quarter and year ended March 31, 2026, during a meeting held on May 27, 2026. Revenue from operations for the year stood at ₹56.43 lakh, compared to ₹13.34 lakh in FY25, driven primarily by interest income. The audited standalone financial results were published in the newspaper on May 28, 2026, under Regulation 30 of the Listing Agreement.

The board also approved the re-appointment of Mr. Ajay Pratap Singh as an Independent Director for a second consecutive term of five years, effective from June 18, 2026. This appointment is subject to the approval of shareholders in the ensuing general meeting. Arun Jain & Associates, the statutory auditors, issued an unmodified opinion on the audited financial results.

Financial Performance

The company's total revenue for FY26 was ₹56.43 lakh, a significant rise from ₹13.34 lakh in the prior year. For the quarter ended March 31, 2026, the net profit was ₹15.70 lakh. Total expenses for the year increased to ₹19.81 lakh from ₹13.32 lakh in the previous year. The earnings per share (EPS) for the year was ₹0.00, remaining flat compared to the previous year.

Metric FY26 (₹ in lakh) FY25 (₹ in lakh)
Total Revenue 56.43 13.34
Total Expenses 19.81 13.32
Net Profit 4.15 0.01
EPS (Basic) 0.00 0.00

Assets and Liabilities

The company's total assets as of March 31, 2026, stood at ₹1,562.15 lakh, up from ₹1,534.24 lakh in the previous year. Financial assets constituted the majority, totaling ₹1,562.13 lakh. Total equity increased marginally to ₹1,387.43 lakh from ₹1,383.29 lakh in FY25. Cash and cash equivalents improved to ₹421.82 lakh from ₹410.82 lakh at the end of the previous year.

Historical Stock Returns for RGF Capital Markets

1 Day5 Days1 Month6 Months1 Year5 Years
+1.69%+17.56%+13.15%+138.61%+301.67%+143.43%

Can RGF Capital Markets sustain the surge in revenue driven by interest income given potential interest rate fluctuations?

What strategic initiatives will the company undertake to convert the significant financial assets into higher operational returns?

How will the re-appointment of Mr. Ajay Pratap Singh influence the company's governance and future strategic direction?

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1 Year Returns:+301.67%