Rita Finance and Leasing Ltd — Important, 28-03-2026: Company Update

Rita Finance and Leasing is seeking shareholder approval via postal ballot for two key proposals. The company plans to increase its authorized share capital from Rs. 10 crore (1 crore equity shares) to Rs. 13 crore (1.3 crore equity shares). It also intends to issue up to 30 lakh equity shares on a preferential basis at Rs. 15 each, targeting a capital raise of Rs. 4.5 crore. This move will significantly expand the company's capital structure.