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Rita Finance’s board approved warrant conversion, allotting shares to 12 investors
05-Oct-2026, 03:31
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 equity 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 equity 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.