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RR Financial Consultants LtdOthers, 01-08-2025: Others

01-08-2025 | 09:52 am

RR Financial Consultants Limited's material subsidiary, RR Investors Capital Services Private Limited, announced a board decision to issue bonus shares. The subsidiary plans to capitalize Rs. 7.47 Cr from its reserves, issuing 3 new equity bonus shares for every 1 existing share held. This strategic move, contingent on shareholder approval, aims to strengthen shareholder value, reward investors, and enhance the liquidity of the subsidiary's shares. RRICS operates in the financial services sector, consistent with the parent company's core business. The subsidiary's turnover has shown significant growth, reaching Rs. 15.53 Cr in FY25 from Rs. 9.40 Cr in FY22.

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