Ramchandra Leasing & Finance Ltd — Important, 17-03-2026: Company Update

RAAMA FINANCE has allotted 11.40 crore fully convertible warrants on a preferential basis to promoters and public investors. Each warrant is priced at Rs. 4.80, with Rs. 1.20 paid initially, bringing in Rs. 13.68 Cr. The balance Rs. 3.60 per warrant is due upon conversion into equity shares within 18 months. This capital raise, totaling Rs. 54.72 Cr upon full conversion, will boost the company's capital and lead to equity dilution for existing shareholders. The warrants come with a specified lock-in period.