News

Rita Finance and Leasing Limited announced that its board approved the conversion of 50,65,000 warrants into an equivalent number of equity shares, resulting in the allotment of 50,65,000 equity shares with a face value of Rs 10 each. Consequently, the company`s issued, subscribed, and paid-up equity share capital increased to Rs 15,06,50,000, comprising 1,50,65,000 fully paid-up equity shares. The allotment was made to 12 investors including Rajnikant C Shukla HUF, Sellwin Traders Limited, Hetalben Monilbhai Vora, Priyanka Mittal, Rahul Mittal, Long View Financial Services Pvt Ltd, Amit B Shah, Abhay Bipinchandra Shah, Helly Jayeshbhai Raval, Mitesh Patel, Mideast Healthcare Private Limited and Montukumar Ganpatbhai Patel.

Rita Finance and Leasing Limited announced that its board approved the conversion of 50,65,000 warrants into an equivalent number of equity shares, resulting in the allotment of 50,65,000 shares with a face value of Rs 10 each. Consequently, the company`s issued, subscribed, and paid-up equity share capital increased to Rs 15,06,50,000, comprising 1,50,65,000 fully paid-up shares. The allotment was made to 12 investors including Rajnikant C Shukla HUF, Sellwin Traders Limited, Hetalben Monilbhai Vora, Priyanka Mittal, Rahul Mittal, Long View Financial Services Pvt Ltd, Amit B Shah, Abhay Bipinchandra Shah, Helly Jayeshbhai Raval, Mitesh Patel, Mideast Healthcare Private Limited and Montukumar Ganpatbhai Patel.

Rita Finance and Leasing Limited will close its trading window for designated persons and their immediate relatives from October 1, 2026, until 48 hours after the declaration of unaudited financial results for the quarter ended September 30, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulation, 2015.

Rita Finance & Leasing will hold a meeting of the Board of Directors of the Company on 13 August 2026.

Net profit of Rita Finance and Leasing declined 52.00% to Rs 0.12 crore in the quarter ended March 2026 as against Rs 0.25 crore during the previous quarter ended March 2025. Sales rose 26.67% to Rs 0.38 crore in the quarter ended March 2026 as against Rs 0.30 crore during the previous quarter ended March 2025.For the full year,net profit rose 15.00% to Rs 0.69 crore in the year ended March 2026 as against Rs 0.60 crore during the previous year ended March 2025. Sales rose 29.13% to Rs 1.33 crore in the year ended March 2026 as against Rs 1.03 crore during the previous year ended March 2025. ParticularsQuarter EndedYear EndedMar. 2026Mar. 2025% Var.Mar. 2026Mar. 2025% Var. Sales0.380.30 27 1.331.03 29 OPM %71.0580.00 -78.2072.82 - PBDT0.150.25 -40 0.920.65 42 PBT0.150.25 -40 0.920.65 42 NP0.120.25 -52 0.690.60 15 Powered by Capital Market - Live News