Ramchandra Leasing & Finance Ltd

Funding details

• Mode of fund raising: preferential issue of warrants.
• Date of fund raising: disclosed; exact date omitted.
• Amount raised: disclosed amount not shown.

Deviation status

• There is no deviation or variation in use of funds raised.

Governance & approvals

• Audit Committee: no deviation observed.
• Monitoring agency: not applicable.
• Auditors: none.

CFO appointment

• Appointment of Mr. Manish as CFO and KMP; effective 13 Aug 2026; eight years’ finance experience.

Financial highlights

• Revenue from operations: ₹2,130.74 lakh; Total income: ₹2,130.75 lakh.
• Interest income: ₹1,743.35 lakh; Fees and commission income: ₹387.39 lakh.
• Total expenses: ₹1,471.00 lakh; Major costs: Other expenses ₹1,188.81 lakh, Employee benefits ₹232.21 lakh.
• Profit before tax: ₹659.74 lakh; Tax: ₹224.26 lakh; Deferred tax: ₹−4.60 lakh.
• Profit after tax: ₹435.48 lakh; Basic EPS: ₹0.54; Diluted EPS: ₹0.22.
• Standalone Q1 FY27 results reviewed by Audit Committee; Limited Review completed.
• Single segment: Financial Services (including NBFC).
• QoQ: Total income rose to ₹2,130.75 lakh from ₹969.17 lakh; PAT rose to ₹435.48 lakh from ₹262.81 lakh.

Resolutions and outcomes

• Resolution 1 (Special): Borrowing limits under Section 180(1)(c); approved with 99.93% in favour.
• Resolution 2 (Special): Creation of charges on movable and immovable properties; approved 99.93% in favour.
• Resolution 3 (Special): Issuance of secured redeemable NCDs on private placement; approved 99.93% in favour.
• Resolution 4 (Special): Adoption of new MOA and AoA; approved 99.99% in favour.
• Resolution 5 (Ordinary): Regularisation of Akhil Mittal as Non-Executive Director; approved 99.99% in favour.
• Resolution 6 (Ordinary): Regularisation of Pratika Sharma as Non-Executive Director; approved 99.99% in favour.
• Resolution 7 (Special): Confirmation of Rohan Mehrotra as Independent Director; 5-year term from 13-02-2026; approved 99.99% in favour.

Key resolutions and governance

• Postal ballot concluded for seven resolutions including borrowing limits and charges.
• Issuance of secured, redeemable NCDs on private placement approved.
• Adoption of new Memorandum and Articles of Association proposed.
• Regularisation of Akhil Mittal as Director.
• Regularisation of Pratika Sharma as Director.
• Appointment of Rohan Mehrotra as Independent Director for five years, effective 13-02-2026.

Voting logistics and disclosure

• Remote e-voting period July 11 to August 9, 2026; results to stock exchanges.
• Results and Scrutinizer's report to be published on company and NSDL sites.

Meeting Details

• Board meeting scheduled for Thursday, August 13, 2026 (time and venue not disclosed).

Key Agenda Items

• Consider appointment of Chief Financial Officer (CFO).
• Consider standalone unaudited financials for quarter ended June 30, 2026 with Limited Review Report.
• Note deviation and variation statements for the quarter ended June 30, 2026.
• Consider other business with Chairperson's permission.

Other Notes

• Trading window closure periods are not mentioned in the filing.

Governance compliance trigger

• Regulatory status change: company no longer qualifies for governance exemptions under Regulation 15(2).
• Audited FY2026 net worth Rs 25 Crores, triggering loss of exemption.
• Paid-up capital Rs 8.11 Crores, below Rs 10 Crores threshold.
• Must comply with Regulation 17-27 and related clauses by Sept 30, 2026.
• Will report compliance from quarter ending Sep 30, 2026.

Resolutions

• Special: Borrowing limit up to Rs 200 crore; outcome pending.
• Special: Creation of charges on movable/immovable properties up to Rs 200 crore; outcome pending.
• Special: Issuance of secured redeemable NCDs up to Rs 100 crore via private placement; outcome pending.
• Special: Adoption of new MOA and AOA per Companies Act 2013; outcome pending.
• Ordinary: Regularisation of Akhil Mittal as Non-Executive Director; outcome pending.
• Ordinary: Regularisation of Mrs. Pratika Sharma as Non-Executive Director; outcome pending.
• Special: Confirmation of Mr. Rohan Mehrotra as Independent Director for 5 years; outcome pending.