Rajath Finance has announced a significant corporate action aimed at improving stock liquidity and accessibility for retail investors. The company's Board of Directors has approved a proposal to split each existing equity share into ten smaller shares.

Stock Split Details

The Board has proposed to subdivide each equity share with a face value of Rs. 10 into ten equity shares with a face value of Rs. 1 each. This 1:10 stock split is subject to shareholder approval at an upcoming Extraordinary General Meeting (EGM) and necessary regulatory clearances.

Impact on Share Capital

The stock split will result in the following changes to Rajath Finance's share structure:

Rationale for the Split

Rajath Finance stated that the primary objectives of the stock split are to:

1. Facilitate a larger shareholder base
2. Enhance liquidity in the capital market
3. Make shares more affordable to small investors

Timeline and Approval Process

The company expects to complete the stock split process within three months of receiving shareholder approval. The proposal will be put to vote at an EGM, the date of which is yet to be announced.

Management's Perspective

While the company has not provided specific comments from management, the decision to split the stock suggests that Rajath Finance's leadership is focused on improving market participation and potentially broadening its investor base.

Investor Considerations

Investors should note that while a stock split increases the number of outstanding shares and may improve liquidity, it does not directly impact the company's fundamental value or market capitalization. The split may, however, make the stock more attractive to retail investors due to the lower per-share price.

As Rajath Finance moves forward with this corporate action, shareholders and potential investors will be watching closely to see how the market responds to the increased accessibility of the company's shares.

Rajath Finance , formerly known as Fynx Capital Limited, has announced the resignation of Sarat Kumar Malik from his position as Independent Director, effective October 31, 2025. The company disclosed this information in compliance with SEBI regulations.

Resignation Details

Malik cited personal reasons for his departure from the board. In his resignation letter, he expressed his inability to continue in the role due to these undisclosed personal circumstances. The company has confirmed that there are no other material reasons for his resignation beyond those mentioned in his letter.

Board Positions

As part of the disclosure, Rajath Finance provided details of Malik's other board positions in listed entities:

Regulatory Compliance

The company submitted this information in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This disclosure is in line with SEBI's requirements for transparency in corporate governance matters.

Rajath Finance continues to operate from its headquarters in Mumbai. The company may need to initiate the process of finding a suitable replacement for the vacant Independent Director position to maintain compliance with corporate governance norms.

Investors and stakeholders are advised to monitor further announcements from the company regarding any potential appointments to the board in the wake of this resignation.