Richfield Financial Services Ltd Board to Meet on April 17 for Potential Issue of NCDs

Richfield Financial Services Ltd Board to Meet on April 17 for Potential Issue of NCDs

Richfield Financial Services Ltd Board to Meet on April 17 for Potential Issue of NCDs​

Richfield Financial Services Ltd has scheduled its Board of Directors meeting for Friday, April 17, 2026. The meeting is set to consider a key business proposal regarding the corporate financing structure of the company.

The primary agenda item for the board is the consideration and approval of the Issue of Series V Non-Convertible Debentures (NCDs). This approval will include the specific terms and conditions for issuing the debentures on a Private Placement basis.

In addition to reviewing the NCD issue, the board meeting will also address other general business matters.

Separately, the company reported that the trading window for dealing in its shares, which had closed effective April 1, 2026, will remain closed. The window will stay closed until the end of 48 hours following the declaration of financial results for the quarter and year ended March 31, 2026.

The meeting details were reported by the Managing Director, Vadasseril Chacko Georgekutty.

Stock Price Movement​

Richfield Financial Services Ltd shares settled at ₹29.18 on Monday, marking a decline of 4.98%. Throughout the trading day, the shares fluctuated between a low of ₹29.18 and a high of ₹29.51.

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Editorial Note

This news article was written and created by Himanshu, and published on IST.
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