Ramchandra Leasing & Finance Promoter Acquires Additional Shares

1 min read Updated on 24 Dec 2025, 12:23 PM

Reviewed by

Suketu GScanX News Team

Overview

Pratika Sharma, a promoter of Ramchandra Leasing & Finance Limited, has acquired additional equity shares through an inter-se transfer on December 19, 2025. The transaction was executed in accordance with a Share Purchase Agreement dated November 29, 2024. Prior to this acquisition, Sharma held 1,93,47,732 shares, representing 23.84% of the total share capital and voting rights. The disclosure was filed with BSE Limited on December 23, 2025, in compliance with SEBI regulations.

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

Ramchandra Leasing & Finance Limited has received a disclosure under SEBI's Substantial Acquisition of Shares and Takeovers (SAST) regulations from promoter Pratika Sharma regarding the acquisition of additional equity shares in the company.

Transaction Details

The share acquisition was completed on December 19, 2025, through an inter-se transfer mechanism. The transaction was executed in compliance with a Share Purchase Agreement that was originally dated November 29, 2024.

Parameter	Details
Acquirer	Pratika Sharma
Transaction Date	December 19, 2025
Mode of Acquisition	Inter-Se Transfer
Agreement Reference	Share Purchase Agreement dated November 29, 2024
Disclosure Date	December 23, 2025

Pre-Transaction Holdings

Prior to this acquisition, Pratika Sharma's shareholding position in the company was as follows:

Holding Type	Number of Shares	% of Total Share Capital	% of Voting Rights
Shares carrying voting rights	1,93,47,732	23.84	23.84

Regulatory Compliance

The disclosure was filed with BSE Limited on December 23, 2025, in accordance with 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 of the company.

The transaction represents a move within the promoter group structure, executed through the inter-se transfer route rather than through open market purchases. Such transfers typically occur between existing promoters or promoter group entities.

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Ramchandra Leasing Finance Holds EGM for Major Corporate Restructuring

2 min read Updated on 21 Nov 2025, 05:42 PM

Reviewed by

Shriram SScanX News Team

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Overview

Ramchandra Leasing & Finance Limited (RLFL) conducted an Extra-Ordinary General Meeting on November 21, 2025, presenting eight crucial resolutions. These included changing the company name, shifting the registered office from Gujarat to Delhi, increasing authorized share capital, amending Articles of Association, issuing 11,40,00,000 convertible warrants, appointing new independent directors, and confirming the Managing Director. The meeting, held via video conferencing, saw participation from 51 public shareholders. E-voting results and the Scrutinizer's Report are pending announcement.

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Ramchandra Leasing & Finance Limited (RLFL) conducted its Extra-Ordinary General Meeting (EGM) on November 21, 2025, addressing significant corporate restructuring matters that could potentially reshape the company's future operations and structure.

Key Resolutions

The EGM, held via video conferencing, presented eight crucial resolutions for shareholder consideration:

Resolution	Type	Description
1	Special	Change of Company Name
2	Special	Shifting Registered Office from Gujarat to Delhi
3	Ordinary	Increase in Authorized Share Capital and Memorandum of Association Alteration
4	Special	Amendment to Articles of Association for Further Issue of Securities
5	Special	Preferential Issue of 11,40,00,000 Convertible Warrants
6	Special	Appointment of Mrs. Reena Sharma as Independent Director
7	Special	Appointment of Mr. Vimal Dwivedi as Independent Director
8	Ordinary	Confirmation of Mr. Rajesh Singh Kaira as Director and Managing Director

Meeting Details

The EGM, chaired by Managing Director Mr. Rajesh Singh Kaira, commenced at 4:00 PM and concluded at 4:25 PM. It was conducted in compliance with the circulars issued by the Ministry of Corporate Affairs and the Securities and Exchange Board of India (SEBI).

Attendance and Voting

A total of 51 public shareholders participated in the meeting, with 11 attending in person and 40 through video conferencing. The company provided remote e-voting facilities from November 18 to November 20, 2025, and additional e-voting options during the meeting for those who hadn't cast their votes earlier.

Scrutiny and Results

Mr. Chandan Kumar Jha of M/s. Chandan J & Associates, Practicing Company Secretaries, was appointed as the Scrutinizer to oversee the e-voting process. The company announced that the e-voting results, along with the consolidated Scrutinizer's Report, would be communicated to the Stock Exchanges and posted on the websites of NSDL and the Stock Exchanges.

Implications

The resolutions presented at this EGM, if approved, could lead to significant changes in RLFL's corporate identity, operational base, and capital structure. The proposed name change and office relocation might signal a strategic shift in the company's focus or market positioning. Meanwhile, the increase in authorized share capital and the substantial preferential issue of convertible warrants suggest plans for expansion or major financial restructuring.

Investors and stakeholders will be keenly awaiting the voting results, as the outcomes of these resolutions could have far-reaching implications for the company's future direction and performance.