RGF Capital Markets Ltd — Important, 10-03-2026: Company Update
10-03-2026 | 06:35 pm
10-03-2026 | 06:35 pm
RGF Capital Markets Limited's Board has approved several key changes. The authorized capital will increase from ₹15.50 Cr to ₹70 Cr to facilitate future fundraising. A Share Purchase Agreement was executed, leading to proposed acquirers purchasing 3.74 Cr equity shares (24.98% stake) from existing promoters. This will trigger an open offer and result in a significant change in company control and management. Additionally, the company plans to issue up to 50 Cr equity warrants at ₹1 each on a preferential basis, aiming to raise up to ₹50 Cr. All these steps are subject to shareholder and regulatory approvals. An Extra Ordinary General Meeting will be called for this purpose.
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