RLFL Acquires 5.55% Stake in Drone Manufacturer Gamma Rotors for Rs 3.04 Crore

1 min read     Updated on 17 Sept 2025, 07:12 PM
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Overview

Ramchandra Leasing & Finance (RLFL) has acquired a 5.55% stake in Gamma Rotors Limited, a drone manufacturing company, for approximately Rs 3.04 crore. The transaction involves purchasing 715,000 equity shares at Rs 42.57 per share. Gamma Rotors specializes in unmanned aerial vehicle systems and has shown significant growth, with a turnover of Rs 12.76 crore in FY 2024-25. The acquisition is expected to be completed within 6 months and is considered part of RLFL's ordinary course of business.

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

Ramchandra Leasing & Finance (RLFL) has made a strategic move into the drone manufacturing sector by acquiring a 5.55% stake in Gamma Rotors Limited, a company specializing in unmanned aerial vehicle (UAV) systems. The transaction, valued at approximately Rs 3.04 crore, was executed through a Share Purchase Agreement on September 16, 2025.

Transaction Details

RLFL has agreed to purchase 715,000 equity shares of Gamma Rotors Limited from Unlisted Assets Private Limited at a price of Rs 42.57 per share. The acquisition is classified as a related party transaction due to board connections between the seller and RLFL's promoter group.

About Gamma Rotors Limited

Gamma Rotors Limited operates in the drone manufacturing sector, focusing on:

  • Assembling and developing unmanned aerial vehicle systems
  • Sales of UAVs and drones
  • Maintenance and servicing of drone systems

Financial Highlights

Gamma Rotors has shown significant growth in recent years:

Financial Year Turnover (Rs in Crore)
2024-25 12.76
2023-24 11.19
2022-23 4.15

The company's latest financial figures reveal:

  • Paid-up capital: Rs 2.58 crore
  • Net worth: Rs 36.80 crore

Transaction Specifics

  • Acquisition percentage: 5.55% of Gamma Rotors Limited
  • Share price: Rs 42.57 per equity share
  • Total transaction value: Approximately Rs 3.04 crore
  • Payment method: Cash
  • Expected completion time: Within 6 months

Regulatory Aspects

The acquisition is being conducted at arm's length and is considered part of RLFL's ordinary course of business. No governmental or regulatory approvals are required for this transaction.

Market Implications

This strategic investment by RLFL in Gamma Rotors Limited signifies a move into the rapidly growing drone technology sector. The acquisition could potentially provide RLFL with exposure to the expanding market for unmanned aerial vehicles and their various applications across industries.

As the drone industry continues to evolve with technological advancements and increasing commercial applications, RLFL's stake in Gamma Rotors positions the company to benefit from this growth sector.

Ramchandra Leasing and Finance to Consider 3 Crore Equity Share Allotment in Upcoming Board Meeting

1 min read     Updated on 28 Aug 2025, 02:26 PM
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Reviewed by
Naman SharmaScanX News Team
Overview

Ramchandra Leasing & Finance Limited (RLFL) has scheduled a board meeting for September 2, 2025, to consider and potentially approve the allotment of 30,000,000 equity shares on a preferential basis. This follows shareholder approval obtained in an Extra-Ordinary General Meeting on December 23, 2024. The trading window for designated persons and their immediate relatives is closed until 48 hours after the board meeting's outcome is disclosed to stock exchanges.

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

Ramchandra Leasing & Finance Limited (RLFL) has announced a significant corporate action that could potentially impact its shareholding structure. The company is set to hold a crucial board meeting on September 2, 2025, to deliberate on and potentially approve the allotment of 30,000,000 (3 crore) equity shares on a preferential basis.

Key Highlights

  • Board Meeting Date: September 2, 2025
  • Agenda: Consideration and approval of 3 crore equity share allotment
  • Allotment Type: Preferential basis
  • Prior Approval: Shareholders approved in Extra-Ordinary General Meeting on December 23, 2024
  • Trading Window: Closed for designated persons and their immediate relatives

Details of the Proposed Allotment

The proposed allotment of 3 crore equity shares comes after receiving shareholder approval during an Extra-Ordinary General Meeting held on December 23, 2024. This move suggests that the company is proceeding with its previously outlined plans for equity expansion.

Regulatory Compliance

In line with regulatory requirements, RLFL has implemented a trading window closure. This precautionary measure applies to designated persons and their immediate relatives, aiming to prevent insider trading. The trading window will remain closed until 48 hours after the board meeting's outcome is disclosed to the stock exchanges, ensuring fair dissemination of information to all market participants.

Implications and Next Steps

The outcome of this board meeting could have significant implications for RLFL's capital structure and potentially its future strategic direction. Investors and market watchers will be keenly awaiting the results of the meeting, particularly regarding the final decision on the share allotment and any additional details that may be disclosed.

RLFL's management has emphasized its commitment to compliance with the applicable provisions of the Companies Act, 2013, and SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, in proceeding with this potential share allotment.

As the date approaches, stakeholders are advised to stay tuned for further updates from the company, which are expected to be promptly communicated to the stock exchanges following the board meeting.

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