ALPHA TRIBE

RNFI Services LimitedOthers, 11-08-2025: Shareholders meeting

11-08-2025 | 04:28 pm

RNFI Services will hold an Extra Ordinary General Meeting to approve key capital raising initiatives. The company seeks to increase its authorized share capital from Rs. 24.99 Cr to Rs. 29.99 Cr to support future needs. Shareholders will also vote on issuing 2,325,918 fully convertible warrants at Rs. 270 each, raising approximately Rs. 62.80 Cr from promoters and non-promoters. Additionally, the company proposes to issue 107,963 equity shares to non-promoters at Rs. 270 per share, raising around Rs. 2.92 Cr. These capital infusions are aimed at funding the company's strategic growth, business expansion, and general corporate purposes.

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