Rita Finance and Leasing Ltd

Rita Finance and Leasing Ltd has announced the closure of its trading window for all designated persons and their immediate relatives. This closure is in effect from July 1, 2026, and will remain so until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. The company will separately intimate the date of the board meeting convened to consider and approve these financial results. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct.

Rita Finance and Leasing Ltd announced the resignation of Mrs. Jenisha Het Shah from her position as Chief Executive Officer (CEO). The resignation is effective from the closing of business hours on June 13, 2026. Mrs. Shah cited her desire to pursue new professional opportunities that align with her long-term career goals and aspirations as the reason for her departure. The company has confirmed that there are no other material reasons for her resignation and will ensure a smooth transition.

Rita Finance and Leasing Ltd. addressed the delay in disclosing a material event under Regulation 30 of SEBI (LODR) Regulations, 2015. The company received an Administrative Warning Letter from SEBI on May 25, 2026, despite it being dated May 22, 2026. An internal review was conducted, and the disclosure was submitted to the Stock Exchange on May 27, 2026. The company stated the delay was unintentional, due to internal processing time, and reiterated its commitment to regulatory compliance.

Rita Finance and Leasing Ltd has submitted its standalone audited financial results for the year ended March 31, 2026, as per Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were adopted and approved at a Board of Directors meeting held on May 27, 2026. The audit report, including the auditor's opinion on the annual financial results and conclusion on the unaudited financial results for the quarter ended March 31, 2026, are included in the filing.

Rita Finance and Leasing Ltd has appointed M/s. Shweta Jain & Co LLP as their Internal Auditors for the financial year 2026-27. The appointment was approved during the Board Meeting held on May 27, 2026, and is in compliance with the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Rita Finance and Leasing Ltd received an administrative warning letter from SEBI on May 22, 2026, regarding non-compliance with Regulation 30(7) read with Regulation 4(1)(d) of the SEBI (LODR) Regulations, 2015. The non-compliance pertains to the non-disclosure of an email dated December 14, 2023, received from RBI concerning the processing of an application for change in control. SEBI has advised the company to ensure compliance with SEBI regulations and avoid future lapses. The letter will be presented to the Board of Directors in the next meeting.

Rita Finance and Leasing Ltd has scheduled a Board of Directors meeting on May 27, 2026, to consider and approve the audited standalone financial results of the company for the year ended March 31, 2026, as per Regulation 33 of the SEBI (LODR) Regulation, 2015. The meeting will also address other agendas deemed necessary with the chair's permission.

Rita Finance and Leasing Ltd has allotted 60,00,000 convertible warrants to non-promoter category individuals and entities via preferential allotment. Each warrant allows the holder to subscribe to one equity share at ₹20.00 per warrant, with 25% of the issue price received upfront. The allottees can apply for equity shares against each warrant by paying the remaining 75% within 18 months.

Rita Finance and Leasing Ltd has issued a revised announcement regarding the appointment of Mr. Mukesh Laxman Sharma as the Chief Financial Officer (CFO). This revision, made in response to a BSE communication, includes the specific start and end times of the Board Meeting held on April 29, 2026, where the appointment was approved. Mr. Sharma, a Science graduate from Mumbai University, brings 24 years of extensive experience in the BFSI sector, including a tenure at HSBC Bank and over two decades as the Managing Director of Aquaria Advisory Services Pvt Ltd, where he successfully managed finance and insurance advisory operations. He is not related to any director of the company. The Board meeting commenced at 12:30 P.M. and concluded at 01:00 P.M.

Rita Finance and Leasing Ltd. has announced the appointment of Mr. Mukesh Laxman Sharma as the Chief Financial Officer (CFO) of the company. The Board of Directors approved his appointment on April 29, 2026, following the recommendation of the Nomination and Remuneration Committee. Mr. Sharma is a Science graduate with extensive experience of 24 years in the BFSI sector, including a 2-year tenure at HSBC Bank. He has also successfully managed Aquaria Advisory Services Pvt Ltd as Managing Director for over 22 years, focusing on Finance and Insurance Advisory. He has no relation to any existing director of the company.