ALPHA TRIBE

RGF Capital Markets LtdImportant, 10-03-2026: Company Update

10-03-2026 | 06:37 pm

RGF Capital Markets' board has approved a significant capital increase from ₹15.50 Cr to ₹70 Cr, paving the way for future fundraising. A major ownership shift is underway as new acquirers plan to buy 3.75 Cr shares (24.98% stake) from existing promoters, which will trigger an open offer and lead to a change in company control. The board also approved issuing up to 50 Cr equity warrants at ₹1 each (totaling ₹50 Cr) on a preferential basis. An Extra Ordinary General Meeting has been scheduled on April 9 for shareholder approval of these strategic initiatives.

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