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📋 Filing Types Available on ForgeUp Filings Sourced from BSE corporate announcements (equity segment). Companies covered are BSE-listed and most are also listed on NSE. We show only material filings.
Financial Results Orders Dividend Buyback Merger / Acquisition Board Meeting Outcome Fundraise (QIP / Rights / FPO) Regulatory / Court Order Credit Rating Change Promoter Pledge Update Management Change Joint Venture / MOU Delisting Bonus Shares Stock Split
Data sourced from BSE India corporate announcements. More categories will be added over time.
Richfield Financial Services Ltd

Richfield Financial Services: Trading approval for 21,56,000 preferential shares

FUNDRAISE ▲ Positive Development LOW RISK
📅 Filed on BSE: 09 Jun 2026, 11:02 AM IST  ·  BSE ID: ded12eaf-bbb1-4831-b328-4dc1a1032ac7
View Original BSE Filing (PDF)
💡
In Simple Terms
The company received official permission for 21.56 lakh new shares, issued at Rs. 25 each, to start trading on the stock exchange.
🤖 AI Summary
  • BSE granted trading approval for 21,56,000 equity shares allotted on preferential basis.
  • Shares issued at Rs. 25 per share, totalling Rs. 5.39 Crore in capital raise.
  • Allotment included promoter and non-promoter investors, effective June 9, 2026.
  • The new shares rank pari-passu with existing equity shares.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Number of Equity Shares
21,56,000
Face Value per Share
Rs. 10/-
Issue Price per Share
Rs. 25/-
Premium per Share
Rs. 15/-
Total Capital Raised (Approx)
Rs. 5.39 Crore
Trading Effective Date
June 9, 2026
🏢 How This Affects the Company
💰
Financial Impact
The preferential allotment of 21,56,000 equity shares at Rs. 25 per share effectively raised Rs. 53,900,000 (5.39 Crore) in capital. This increases the company's equity base and cash reserves.
👥 What This Means For Shareholders
✅
Action Required
No action is required from existing shareholders.
👤
Who Is Affected
Shareholders of record prior to June 9, 2026, will see an increase in the total number of shares outstanding.
🔍
Management Signal
Management has successfully completed the preferential allotment process and secured exchange listing for new shares.

For information only. Not investment advice. ForgeUp is not SEBI-registered.

👁 Watch List — track these upcoming events
Company's next quarterly results for updated financials.
Any further shareholding pattern changes post-listing.
Management commentary on capital utilization.
LOW RISK This is a procedural filing confirming trading approval for previously allotted shares.
💡 Investor Takeaway
Richfield Financial Services secured BSE trading approval for 21,56,000 equity shares, issued at Rs. 25 each, allowing them to trade from June 9, 2026.
⚖️ Strengths & Concerns

✅ Positives

  • Received BSE trading approval for 21,56,000 equity shares allotted at Rs. 25 per share.
  • New shares issued to promoters and non-promoters are now listed and tradable on the exchange.
❓ Frequently Asked Questions
What did Richfield Financial Services receive approval for?
Richfield Financial Services received trading approval from BSE for 21,56,000 equity shares allotted on a preferential basis.
At what price were these new shares issued?
The 21,56,000 equity shares were issued at Rs. 25/- per share.
When can these newly allotted shares be traded on the exchange?
The newly allotted shares are listed and permitted to trade on the exchange effective from Tuesday, June 9, 2026.
Who received these 21,56,000 equity shares?
The shares were allotted on a preferential basis to both promoters and non-promoters of Richfield Financial Services.

Questions based on this BSE filing only. For information purposes.

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⚠️ For Information Only — Not Investment Advice
ForgeUp Filings provides AI-generated summaries of public BSE exchange announcements (equity segment) for informational purposes only. Nothing here constitutes investment advice or a recommendation to buy, sell, or hold any security. ForgeUp is not a SEBI-registered investment advisor. All financial numbers are sourced directly from BSE filings and shown as-is. Past data is historical only. Please consult a qualified financial advisor before making investment decisions. Data sourced from BSE India public disclosures.
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