Richfield Financial Services Ltd — Important, 25-08-2025: Company Update

Richfield Financial Services Limited has allotted 86,258 Secured Redeemable Non-Convertible Debentures (NCDs) through a private placement. This fundraising totals 8.63 Cr, with each NCD valued at Rs. 1,000. These NCDs offer various maturity options, ranging from 400 days to 5 years, with fixed coupon rates between 11.25% and 12.00% or zero-coupon options providing higher redemption amounts. The NCDs are secured by a first charge on the company's movable assets and are not proposed for listing. This move strengthens the company's financial position by securing long-term funding.