StockWatch
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Other Textile Products
Shareholding4 Sept 2026, 12:58 pm

Ashish Khanna Acquires 3.88% Stake in RLF Ltd via Loan Conversion

AI Summary

Ashish Khanna, a shareholder in RLF Limited, has acquired 6,50,000 equity shares, representing 3.88% of the total issued and paid-up share capital. This acquisition occurred on September 2, 2026, through the conversion of an outstanding loan into equity shares via a preferential issue. Following this transaction, Khanna's total holding in RLF Ltd has increased to 23,21,952 shares, constituting 21.22% of the company's total diluted capital. The total equity share capital of RLF Ltd before the acquisition was approximately ₹9.64 crore, and after the acquisition, it stands at approximately ₹10.94 crore.

Key Highlights

  • Ashish Khanna acquired 6,50,000 shares in RLF Ltd.
  • Acquisition represents a 3.88% change in shareholding.
  • Transaction was a preferential allotment via loan conversion.
  • Khanna's total holding increased to 21.22% of diluted capital.