Richfield Financial Services Ltd — Important, 28-08-2025: Company Update

Richfield Financial Services' Board has approved a proposal to acquire a loan portfolio from KLM AXIVA FINVEST LIMITED. This acquisition, valued up to Rs. 10 Crore, will occur in one or more tranches. The Company will gain the assigned receivables, underlying documents, collateral, and security interests related to these loans. This strategic move aims to expand Richfield's loan assets and business operations, enhancing its financial services offerings by adding existing revenue-generating assets. The transaction is at arm's length, with no related party involvement.