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









































