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Rita Finance's board approved warrant conversion, allotting shares to 12 investors
05-Oct-2026, 03:30

Rita Finance and Leasing Limited announced that its board approved the conversion of 50,65,000 warrants into an equivalent number of equity shares, resulting in the allotment of 50,65,000 shares with a face value of Rs 10 each. Consequently, the company's issued, subscribed, and paid-up equity share capital increased to Rs 15,06,50,000, comprising 1,50,65,000 fully paid-up shares. The allotment was made to 12 investors including Rajnikant C Shukla HUF, Sellwin Traders Limited, Hetalben Monilbhai Vora, Priyanka Mittal, Rahul Mittal, Long View Financial Services Pvt Ltd, Amit B Shah, Abhay Bipinchandra Shah, Helly Jayeshbhai Raval, Mitesh Patel, Mideast Healthcare Private Limited and Montukumar Ganpatbhai Patel.