Ramchandra Leasing & Finance has witnessed a significant development in its ownership structure as promoter Pratika Sharma has increased her stake in the company. The latest regulatory disclosure reveals that Sharma acquired additional equity shares on January 5-6, 2026, raising her holding from 25.13% to 26.50% of the company's total voting capital.

Latest Shareholding Acquisition

According to the disclosure filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, Pratika Sharma acquired 11,16,250 shares through an inter-se transfer across two dates. The acquisition was executed in compliance with the Share Purchase Agreement dated November 29, 2024.

Transaction Breakdown

The acquisition was completed in two tranches over consecutive days. On January 5, 2026, Sharma acquired 5,52,250 equity shares, followed by an additional 5,64,000 equity shares on January 6, 2026. This strategic acquisition pattern demonstrates a systematic approach to increasing shareholding.

Updated Shareholding Structure

The company's equity share capital remains unchanged at ₹8.12 crores, comprising 8,11,62,000 equity shares. Pratika Sharma's increased stake solidifies her position as a significant promoter in the company, with her holding now representing over a quarter of the total voting capital.

Regulatory Compliance and Documentation

The disclosure, dated January 6, 2026, was filed with BSE Limited and the company's secretarial department, demonstrating strict adherence to regulatory requirements. The document was digitally signed by Pratika Sharma from New Delhi, ensuring proper authentication and compliance with SEBI regulations.

This strategic acquisition reflects Sharma's confidence in the company's prospects and demonstrates her commitment to maintaining significant control over the financial services firm. The use of inter-se transfer mechanisms suggests a well-planned internal restructuring among promoter entities, which is typical in corporate shareholding arrangements.

Ramchandra Leasing & Finance Limited has provided additional clarification to BSE Limited regarding the resignation of its Non-Executive Independent Director, following a query from the stock exchange. The financial services company submitted comprehensive details about the director's resignation in response to BSE's inquiry about directorships held in other listed companies.

Director Resignation Details

Mr. NitinKumar Bhawaral Parmar (DIN: 07551010) tendered his resignation from the Board of Directors on January 03, 2026, with the resignation becoming effective January 05, 2026. The director cited personal reasons for his decision to step down from his position as Non-Executive Independent Director.

BSE Clarification Response

Following BSE's query regarding directorships held in other listed companies by the resigning director, Ramchandra Leasing & Finance confirmed that Mr. Parmar holds no directorship positions in any other listed companies. The company filed this clarification on January 06, 2026, providing revised details as required under Regulation 30 of the Listing Regulations.

The clarification included comprehensive annexures detailing the resignation particulars and the director's resignation letter. Company Secretary and Compliance Officer Dhiraj Kumar Jha digitally signed the regulatory filing, ensuring proper documentation of all required disclosures.

Regulatory Compliance Framework

The company has fulfilled its obligations under SEBI regulations by providing timely intimation and comprehensive disclosures to the stock exchange. The resignation letter will be formally placed before the Board of Directors in the upcoming board meeting for consideration and acceptance in accordance with applicable regulations.

Director's Formal Statement

In his resignation letter dated January 03, 2026, Mr. Parmar confirmed that his decision was purely based on personal grounds with no other material reasons. He expressed sincere gratitude to the Board and management for their support, confidence, and cooperation during his tenure as Independent Director, wishing the company continued success in future endeavors.

Company Profile

Ramchandra Leasing & Finance Limited operates in the financial services sector with CIN L65910GJ1993PLC018912. The company maintains its registered office at 201, Rudra Plaza Complex, Dandia Bazar Main Road, Vadodara, and operates a branch office in Mumbai's Kalbadevi area. The company trades on BSE under scrip code 538540 with symbol RLFL and ISIN INE516P01015.