Latest news about Rita Finance & Leasing
Rita Finance & Leasing
16.99
+0.49(+2.97%)
Company Performance:
View Company Insights1D+2.97%
1M+2.53%
6M-24.72%
1Y-25.97%
5Y+69.90%
More news about Rita Finance & Leasing
27Mar 26
Rita Finance Issues Postal Ballot Notice for ₹16 Crore Capital Increase
Rita Finance & Leasing Limited has issued a postal ballot notice following board approval on March 26, 2026, for authorized capital increase from ₹10 crore to ₹16 crore and warrant issuance of 60 lakh units at ₹20 each to raise ₹12 crore. E-voting is scheduled from March 29 to April 27, 2026, with NSDL providing the platform and results expected by April 29, 2026.
24Mar 26
Rita Finance Promoter Pledges 2233614 Shares Under SEBI Takeover Regulations
Rita Finance and Leasing Limited disclosed that promoter Pawan Kumar Mittal has pledged his complete shareholding of 2233614 equity shares representing 26.20% of the company's total share capital with MSB e-Trade Securities Limited for margin trading requirements. The pledge was created on March 16, 2026, and reported to BSE and MSEI on March 20, 2026, in compliance with SEBI takeover regulations.
19Mar 26
Rita Finance and Leasing Limited Responds to BSE Query on Share Price Movement
Rita Finance and Leasing Limited responded to BSE's March 17, 2026 query about share price movement, confirming regulatory compliance and explaining that price changes result from market supply and demand forces. Director Sandip Patel emphasized the company's commitment to transparency, good governance, and creating long-term investor value while continuing to provide relevant information to stakeholders.
24Feb 26
Rita Finance and Leasing CFO Suhas Somkant Niphadkar Resigns Effective February 24, 2026
Rita Finance and Leasing Limited announced the resignation of Chief Financial Officer Mr. Suhas Somkant Niphadkar, effective 24th February, 2026. Niphadkar cited increasing commitments to other professional assignments as the reason for his departure, stating he could no longer dedicate adequate time to his CFO responsibilities. The company has accepted his resignation and notified BSE and Metropolitan Stock Exchange of India under SEBI regulations, with Niphadkar ceasing to be Key Managerial Personnel from the effective date.
13Feb 26
Rita Finance and Leasing Limited Signs Strategic MOU to Acquire 45% Stake in Aaquaria Fincart
Rita Finance and Leasing Limited executed a strategic MOU on 13th February, 2026 with Aaquaria Fincart Private Limited to acquire 45% equity stake through share swap arrangement. The transaction involves minimum share pricing of ₹23.00 per share and aims to expand Rita Finance's advisory, loan distribution, and debt syndication capabilities. The deal remains subject to regulatory approvals from SEBI, Stock Exchanges, RBI, and completion of comprehensive due diligence processes.
13Feb 26
Rita Finance and Leasing Limited Appoints Jenisha Het Shah as Chief Executive Officer
Rita Finance and Leasing Limited has appointed Mrs. Jenisha Het Shah as Chief Executive Officer effective February 13, 2026, following board approval based on nomination committee recommendations. Mrs. Shah brings extensive experience in corporate accounting, GST compliance, and financial management, with distinguished academic performance including top All India level marks in CA Final Financial Management examinations.
30Sept 25
Rita Finance and Leasing Limited Announces Resignation of Company Secretary Anita Chougule
Mrs. Anita Chougule has resigned as Company Secretary and Compliance Officer of Rita Finance & Leasing, effective September 30, 2025, citing pre-occupation reasons. The company recently held its 44th AGM, passing all proposed resolutions including financial statement adoption, director reappointments, and auditor appointments. The trading window for company securities will be closed from October 1, 2025, until 48 hours after Q2 FY2026 results declaration.
05Sept 25
Rita Finance and Leasing Appoints New Independent Director and CEO-CFO
Rita Finance & Leasing Limited has made two significant appointments effective August 25, 2023. Mrs. Meenu Jain joins as an Additional Director in a non-executive and independent capacity, serving on key committees. Mr. Ram Kumar Singh has been appointed as the new CEO, CFO, and Key Managerial Personnel. Mrs. Jain, a qualified company secretary, brings a decade of experience in secretarial and legal functions. Mr. Singh, with a Master of Commerce degree, contributes 32 years of manufacturing sector experience, specializing in sales tax, central excise, and exports.
13Aug 25
Rita Finance and Leasing Reports Q1 Results: Net Profit Declines 63% YoY
Rita Finance & Leasing Limited, an NBFC, reported a 63% decline in net profit to Rs 22.20 lakh for Q1, despite a 12.9% increase in total income to Rs 36.66 lakh. Total expenses decreased by 10.7% to Rs 7.06 lakh. The company's EPS fell to Rs 0.22 from Rs 0.60 in the previous year. The financial results were approved by the Board of Directors and reviewed by statutory auditors.
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