Back
Corporate News
RLF Limited allotted Rs 1,36,50,000 equity shares to promoter group members, converting unsecured loans
02-Sep-2026, 05:02
RLF Limited’s board approved the allotment of 13,00,000 equity shares at a price of Rs 10.50 per share, including a premium of Rs 0.50 per share, to Ashish Khanna and Aditya Khanna, both promoter group members, as part of a preferential basis conversion of outstanding unsecured loans. The allotment, totaling Rs 1,36,50,000, increases the company’s paid-up equity share capital from Rs 9,64,34,600 comprising 96,43,460 shares to Rs 10,94,34,600 comprising 1,09,43,460 shares.