Richfield Financial Services Ltd — Board Meeting, 18-07-2025: Board Meeting

Richfield Financial Services Limited's board has approved a proposal to raise funds by issuing Secured Redeemable Series IV Non-Convertible Debentures (NCDs) totaling Rs 10 Crore through a private placement. This move aims to bolster the company's financial resources. Additionally, a previously discussed agenda item regarding the takeover of a loan portfolio has been deferred and will be considered at a later board meeting. This provides clarity on the company's funding strategy and delayed business expansion.