Annual Report for the Financial Year 2025-26.

Date: 01st September 2026 Department of Corporate Services BSE Limited Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001 Scrip Code: BSE: 539435 Sub: Submission of Annual Report of the 34th Annual General Meeting for FY 2025-26 to be held on Thursday, 24th September, 2026 under Regulation 34 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015 In pursuance with Regulation 34 of SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, please find the enclosed Annual Report of the 34th Annual General Meeting for the FY-2025-26 to be held on 24th September, 2026 at 03:00 P.M. through Video Conferencing (“VC”)/ Other Audio-Visual Means (“OAVM”).  The E-voting period begins from Monday, 21st September 2026 to Wednesday, 23rd September 2026.  Cut-off date will be Thursday, 17th September 2026.  The closure of book will be from Friday, 18th September 2026 to Thursday, 24th September 2026. Requesting to kindly take the same into your records Thanking You, Yours faithfully, For Richfield Financial Services Limited Vadasseril Chacko Georgekutty Managing Director Din: 09194854 Corporate Office: Door no. 41/154, First Floor, TEL: +91844033100 / Regd Office: Door No. 2/184, First Floor of the Settu Knowell Jairaj Building, Edappally bypass, +918139045367 Chettiyar Building, Avadi Road, EB Office Opposite, Edappally -682024 Email: secretarial@rfsl.co.in Poonamalle, Tiruvallur- 600056, Tamil Nadu, India Website: www.rfsl.co.in CIN: L65999TN1992PLC193915 20222555---222666 ANNUAL AANNNNUUAALL REPORT RREEPPOORRTT RICHFIELD FINANCIAL SERVICES LIMITED www.rfsl.com TABLE OF CONTENT 03 ABOUT US 05 BOARD OF DIRECTORS 08 MESSAGE FROM MANAGING DIRECTOR 10 CORPORATE INFORMATION 12 NOTICE OF ANNUAL GENERAL MEETING 35 REPORT OF THE BOARD OF DIRECTORS 60 SECRETARIAL AUDIT REPORT 68 MANAGEMENT DISCUSSION & ANALYSIS REPORT 74 MD / CFO CERTIFICATION 76 INDEPENDENT AUDITORS’ REPORT ON THE FINANCIAL STATEMENTS 92 BALANCE SHEET 93 STATEMENT OF PROFIT AND LOSS 94 CASH FLOW STATEMENTS STATEMENT OF CHANGES IN EQUITY 96 NOTES TO THE FINANCIAL STATEMENTS 120 CONTACT US About Us Richfield Financial Services Limited (RFSL) is a Non-Banking Financial Company (NBFC) registered with the Reserve Bank of India and classified under the Base Layer of the Scale Based Regulation (SBR) framework. The Company is engaged primarily in lending activities, with a growing focus on Gold Loans and other retail lending products. Established in 1992, the Company has evolved with the changing financial needs of its customers and continues to strengthen its presence in the retail lending segment through a combination of customer-focused services, prudent lending practices and responsible risk management. Our Growth Journey The Company has been on a focused growth path, supported by expansion of its branch network, strengthening of its capital base and increasing emphasis on secured lending. During FY 2025–26, the Company's branch network increased significantly from 19 branches as at 31st March, 2025 to 50 branches as at 31st March, 2026. The Company also expanded its presence in Bangalore with 9 branches, strengthening its geographical footprint in Karnataka. The Company's growing network enables it to serve customers more closely and provide accessible financial solutions across its operating markets. Our Focus on Gold Loans Gold Loans are a key growth area for the Company. The Company seeks to leverage the strong demand for gold-backed credit by providing convenient and accessible financing solutions while maintaining disciplined credit appraisal, collateral valuation and loan-to-value management. The Company intends to further strengthen its Gold Loan franchise and expand its customer base while adhering to the regulatory framework prescribed by the Reserve Bank of India. Our Approach Our approach is built around four key principles: Customer Focus We strive to provide accessible and responsive financial services that address the diverse credit requirements of our customers. About Us Prudent Lending We follow disciplined credit assessment and lending practices with appropriate safeguards to maintain portfolio quality. Responsible Growth We seek to expand our business sustainably while maintaining appropriate capital, liquidity, risk management and compliance standards. Governance & Compliance We are committed to conducting our business with integrity and in accordance with applicable laws, regulations and directions of the Reserve Bank of India and other regulatory authorities. Our People Our employees are an important part of our growth journey. We seek to build a professional, responsible and performance-oriented workforce through continuous training, development and engagement. The dedication of our employees across branches and corporate functions enables us to deliver consistent service and support our expanding operations. Looking Ahead As we enter the next phase of our growth journey, the Company remains focused on strengthening its Gold Loan business, expanding its geographical presence and improving operational capabilities. For FY 2026–27, the Company is working towards achieving Gold Loan AUM of ₹150 crore. The Company is also exploring a public issue of Non-Convertible Debentures of up to ₹50 crore, subject to the requisite statutory and regulatory approvals, as part of its strategy to strengthen its funding base and support future business growth. With an expanding branch network, a growing focus on secured lending and a commitment to prudent and responsible financial practices, Richfield Financial Services Limited aims to build a sustainable and trusted financial services franchise. BOARD OF DIRECTORS 1. V C Georgekutty (Managing Director) Mr. Georgekutty is a highly accomplished MBA graduate from the National Institute of Bank Management (NIBM), with over 30 years of extensive experience in the Non-Banking Financial Services sector. Over the years, he has held several senior leadership roles, including Vice President, Regional Manager and Area Manager, demonstrating strong expertise in sales, marketing, operations, and administration. His broad experience spans driving business growth, developing and executing strategic marketing initiatives, and overseeing branch operations. Mr. Georgekutty’s leadership has played a key role in fostering organizational success, improving operational efficiency, and encouraging innovation across all the positions he has held. 2. Adv. Peeyus A Kottam (Independent Director) Mr. Peeyus A Kottam is a Distinguished legal professional based in Kochi, Kerala, who currently serves as the President of the Kerala High Court Advocates' Association (KHCAA) for the 2026 term following his election in December 2025. With an LLB degree and a legal career spanning over three decades since his establishment in 1991, he operates A Peeyus A Kottam & Associates located near Lakshmi Hospital on MG Road. He has a significant presence in the Kerala High Court and the Ernakulam District Court, where he has handled a wide range of cases including writ petitions, commercial suits, and matters under the Negotiable Instruments Act. In his leadership role at the KHCAA, he focuses on upholding the integrity of the legal profession and fostering a collaborative community committed to justice. BOARD OF DIRECTORS 3. Adv. Indu Kamala Ravindran (Independent Director) Ms. Indu is an Advocate with a strong background in social work and law. She provides management support services to agencies and organizations in the social development and services sector, helping development partners achieve their goals efficiently and effectively. Ms. Indu offers legal consultancy to the Department of Forest and Environment, as well as to banks and financial institutions. She holds a Master's in Social Work (MSW) with a specialization in Medical and Psychiatric Social Work (2003), and an LLB (5 years) from the University of Calicut (1998), specializing in [Showing first 8,000 characters — download PDF for full document]