Intimation under Regulation 30 of SEBI (LODR) Reg ,2015 with regards to Allotment of Securities
FUNDRAISE
▲ Positive Development
LOW RISK
📅 Filed on BSE: 02 Sep 2026, 04:18 PM IST · BSE ID: 0a600c99-3f9b-4764-be51-cf10459120f3
View Original BSE Filing (PDF)
💡
In Simple Terms
RLF Limited is converting Rs. 1.36 Crore of loans into company shares, issuing 13 Lakh new shares to promoters.
🤖 AI Summary
- RLF Ltd approved allotment of 13,00,000 Equity Shares at Rs. 10.50 per share.
- Allotment is preferential, converting Rs. 1,36,50,000 unsecured loans into equity.
- Promoter group shareholders Ashish Khanna and Aditya Khanna received shares.
- Company's paid-up equity share capital increased to Rs. 10,94,34,600.
- Total promoter group shareholding increased to 42.44% post-allotment.
🔢 Key Numbers — exact figures from BSE filing, not rounded
Allotment of Equity Shares
13,00,000
Issue Price per Share
₹10.50/-
Total Allotment Value
₹1,36,50,000/-
Face Value per Share
₹10/-
Premium per Share
₹0.50/-
Pre-Issue Promoter Shareholding
34.68 %
Post-Issue Promoter Shareholding
42.44 %
Old Paid-up Equity Share Capital
₹9,64,34,600/-
New Paid-up Equity Share Capital
₹10,94,34,600/-
🏢 How This Affects the Company
This action strengthens the balance sheet by reducing unsecured debt. The equity infusion provides capital for operations.
The paid-up equity share capital of RLF Limited increases by Rs. 1,36,50,000, from Rs. 9,64,34,600 to Rs. 10,94,34,600. Debt is reduced.
👥 What This Means For Shareholders
✅
Action Required
No action is required from existing shareholders regarding this allotment.
👤
Who Is Affected
All existing shareholders are affected by the dilution of their percentage shareholding.
🔍
Management Signal
This indicates management's intent to reduce debt by converting it into equity, reinforcing promoter backing.
For information only. Not investment advice. ForgeUp is not SEBI-registered.
👁 Watch List — track these upcoming events
Confirmation of listing of the newly allotted equity shares on BSE.
Future financial results to assess impact of reduced debt.
Management commentary on utilization of funds or future plans.
LOW RISK
The filing details a completed transaction with necessary approvals.
💡 Investor Takeaway
RLF Ltd completed preferential allotment of 13,00,000 shares at Rs. 10.50 each to convert Rs. 1,36,50,000 unsecured loans into equity, increasing promoter stake to 42.44%.
⚖️ Strengths & Concerns
✅ Positives
- Conversion of Rs. 1.36 Crore unsecured loans into equity strengthens the balance sheet.
- Promoter group's increased stake to 42.44% signals continued commitment and alignment.
⚠️ Concerns
- Issue price of Rs. 10.50 per share, including Rs. 0.50 premium, may be scrutinized by investors.
- Dilution of existing shareholders' equity stake occurs due to the new share issuance.
❓ Frequently Asked Questions
What did RLF Ltd approve on September 2, 2026?
RLF Ltd approved the allotment of 13,00,000 Equity Shares at Rs. 10.50 per share to convert outstanding unsecured loans.
What is the total value of the loan conversion by RLF Ltd?
The total value of the unsecured loan conversion into equity is Rs. 1,36,50,000 (Rupees One Crore Thirty-Six Lakh Fifty Thousand).
Who are the allottees of the new equity shares by RLF Ltd?
The new equity shares were allotted to Ashish Khanna (Promoter Group) and Aditya Khanna (Promoter Group).
How does the shareholding of RLF Ltd promoters change?
The total promoter group shareholding increased from 34.68% to 42.44% after the allotment of 13,00,000 equity shares.
What is the impact on RLF Ltd's paid-up equity share capital?
RLF Ltd's paid-up equity share capital increased from Rs. 9,64,34,600 to Rs. 10,94,34,600 following the allotment.
Questions based on this BSE filing only. For information purposes.