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Richfield Financial Services Limited has received in-principle approval from BSE for its preferential share issue. The company can now proceed with allotting 3.44 Cr equity shares, each with a face value of Rs. 10, at a minimum price of Rs. 25 per share, to promoter and non-promoter investors. This approval is a crucial step towards expanding the company's capital base, which can support its operational growth and financial stability, making it relevant for all stakeholders.