RNFI Services Limited — New Orders, 13-01-2025: Awarding of order(s)/contract(s)

RNFI Services Limited has engaged as a service provider for HERO FINCORP LIMITED under a non-exclusive agreement. The contract, effective from January 8, 2025, to March 31, 2026, outlines a range of services including tele-calling to remind customers of due payments, collecting dues through field visits, and ensuring timely remittance to HFCL. The agreement emphasizes strict procedures for cash handling, such as issuing provisional receipts and managing dishonored cheques. The promoter group has no interest in HERO FINCORP, and this partnership operates within the normal course of business without related party transaction concerns. This strategic collaboration may enhance RNFI's operational capacity and customer engagement, presenting a positive outlook for its growth trajectory.