Akhil Mittal Increases Stake in Ramchandra Leasing and Finance Limited to 26.84% Through Inter-Se Transfer

1 min read     Updated on 12 Jan 2026, 12:20 PM
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Reviewed by
Radhika SScanX News Team
Overview

Akhil Mittal, a promoter of Ramchandra Leasing and Finance Limited, acquired 2,74,000 additional equity shares (0.34% of total capital) through inter-se transfer on January 8, 2026. This transaction increased his shareholding from 26.50% to 26.84%. The acquisition was completed under a Share Purchase Agreement dated November 29, 2024, with proper disclosure filed under SEBI (SAST) Regulations.

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*this image is generated using AI for illustrative purposes only.

Ramchandra Leasing & Finance has disclosed a significant shareholding change by promoter Akhil Mittal, who has increased his stake in the company through an inter-se transfer transaction. The acquisition, completed on January 8, 2026, demonstrates continued promoter confidence in the financial services company.

Transaction Details

The share acquisition involved a transfer of 2,74,000 equity shares, representing 0.34% of the company's total voting capital. The transaction was executed through an inter-se transfer mechanism in compliance with a Share Purchase Agreement dated November 29, 2024.

Transaction Parameter: Details
Shares Acquired: 2,74,000
Percentage of Total Capital: 0.34%
Transaction Date: January 8, 2026
Mode of Acquisition: Inter-Se Transfer
Agreement Date: November 29, 2024

Shareholding Pattern Changes

Following the completion of this transaction, Akhil Mittal's shareholding position in Ramchandra Leasing and Finance Limited has been revised upward. The promoter's stake has increased from 26.50% to 26.84% of the company's total voting capital.

Holding Period: Number of Shares Percentage Holding
Before Acquisition: 2,15,08,481 26.50%
Shares Acquired: 2,74,000 0.34%
After Acquisition: 2,17,82,481 26.84%

Company Capital Structure

The company's equity share capital remains unchanged at ₹8,11,62,000 following this inter-se transfer transaction. The total voting capital and diluted share capital both stand at ₹8,11,62,000, indicating no dilution effect from this promoter share acquisition.

Regulatory Compliance

The disclosure was filed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Akhil Mittal, identified as a promoter of the company, submitted the required documentation to BSE Limited and the company on January 10, 2026. The transaction involved no encumbrances, voting rights other than shares, or convertible securities.

Market Listing

Ramchandra Leasing and Finance Limited's shares are listed on BSE Limited. The company operates in the financial services sector, providing leasing and finance solutions. This promoter share acquisition reflects ongoing stakeholder commitment to the company's business operations and growth prospects.

Pratika Sharma Increases Stake in Ramchandra Leasing & Finance to 26.84% Through Inter-Se Transfer

1 min read     Updated on 12 Jan 2026, 12:19 PM
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Reviewed by
Ashish TScanX News Team
Overview

Pratika Sharma, a promoter of Ramchandra Leasing & Finance Limited, acquired 2,74,000 additional equity shares through inter-se transfer on January 8, 2026, increasing her shareholding from 26.50% to 26.84%. The transaction was executed under a Share Purchase Agreement dated November 29, 2024, and represents 0.34% of the company's total share capital. The acquisition maintains the company's equity capital at ₹8,11,62,000 while strengthening Sharma's position within the promoter group.

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*this image is generated using AI for illustrative purposes only.

Pratika Sharma, a promoter of ramchandra leasing & finance Limited, has acquired additional equity shares in the company through an inter-se transfer, as disclosed in a regulatory filing dated January 10, 2026. The transaction represents a strategic increase in her existing shareholding position within the promoter group.

Transaction Details

The share acquisition involved the following key parameters:

Parameter: Details
Shares Acquired: 2,74,000 equity shares
Transaction Date: January 8, 2026
Mode of Acquisition: Inter-se transfer
Legal Framework: Share Purchase Agreement dated November 29, 2024
Percentage Acquired: 0.34% of total share capital

Shareholding Analysis

The acquisition has resulted in a marginal increase in Sharma's ownership stake in the company:

Shareholding Position: Before Acquisition After Acquisition Change
Number of Shares: 2,15,08,482 2,17,82,482 +2,74,000
Percentage Holding: 26.50% 26.84% +0.34%
Voting Rights: 26.50% 26.84% +0.34%

Company Capital Structure

The company's equity share capital remained unchanged following this transaction:

  • Total Equity Share Capital: ₹8,11,62,000
  • Total Voting Capital: ₹8,11,62,000
  • Total Diluted Share Capital: ₹8,11,62,000

The transaction did not involve any changes to the overall capital structure, as it represented a transfer of existing shares rather than fresh issuance.

Regulatory Compliance

The disclosure was made under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The filing confirms that:

  • Pratika Sharma belongs to the promoter group
  • No encumbrances exist on the acquired shares
  • The transaction was completed in accordance with the predetermined Share Purchase Agreement
  • The company's shares are listed on BSE Limited

This inter-se transfer reflects internal restructuring within the promoter group while maintaining compliance with regulatory disclosure requirements. The transaction strengthens Sharma's position as a key stakeholder in the financial services company.

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