
Corporate Action9 Jun 2026, 11:03 am
Richfield Financial Services: Trading Approval for 21.56 Lakh Shares
AI Summary
Richfield Financial Services Limited has received trading approval from BSE Ltd for 21,56,000 equity shares of Rs. 10/- each, allotted on a preferential basis to promoters and non-promoters at an issue price of Rs. 25/- per share. The shares, with distinctive numbers ranging from 7500201 to 9656200, are permitted to trade on the exchange effective from Tuesday, June 9, 2026. These new equity shares rank pari-passu with the existing shares of the company. A portion of these shares (20,14,400) are subject to a lock-in period until December 15, 2026, with smaller tranches locked until December 15, 2027.
Key Highlights
- Trading approval received for 21,56,000 equity shares.
- Shares allotted on preferential basis to promoters and non-promoters.
- Issue price fixed at Rs. 25/- per share.
- Trading effective from June 9, 2026.
- Significant portion of shares under lock-in until Dec 2026.
Price Impact
More from RFSL