Rita Finance and Leasing Ltd — Important, 13-02-2026: Company Update

Rita Finance and Leasing Limited has signed a Memorandum of Understanding to acquire a 45% equity stake in Aaquaria Fincart Private Limited. This strategic association aims to expand Rita Finance's footprint in advisory, loan distribution, and debt syndication businesses. The acquisition will primarily occur through a share swap arrangement or preferential allotment, subject to independent valuation, due diligence, and approvals from boards, shareholders, and regulators. Rita Finance proposes to issue its equity shares for the swap at a price not less than ₹23 per share, with no cash consideration contemplated currently. This move enhances Rita Finance's service offerings.