The Board considered and approved the following: 1. Allotment of Non Convertible Debentures 2. Corrigendum - name of debenture trustee 3. Relinquishment and Redesignation of Managing Director 4. Allotment of 97,00,000 equity shares upon conversion of warrants allotted on preferential basis.

Date: September 22, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400001 Dear Sir/Madam, Scrip Code No. : 538540 Scrip Symbol : RAAMA ISIN : INE516P01015 Subject: Disclosure under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘SEBI Listing Regulations, 2015’) Dear Sir/Madam, Further to our communication made earlier today regarding the adjournment of the meeting of the Board of Directors held on September 22, 2026, we hereby inform you that the meeting of the Board resumed at 05:30 P.M. today and the Board considered and approved the following matters: 1. Allotment of Non-Convertible Debentures Allotment of 4,610 (Four Thousand Six Hundred and Ten) “Unlisted, Unrated, Secured, Redeemable, Non-Convertible Debentures” (“NCDs”), having a face value of INR 10,000/- (Rupees Ten Thousand only) each, aggregating to INR 4,61,00,000/- (Rupees Four Crores Sixty-One Lakh only), under “Series A”, on a private placement basis. 2. Corrigendum – Name of Debenture Trustee Further, with reference to the disclosure filed earlier today in respect of the appointment of the Debenture Trustee under Agenda Item No. 3, we hereby clarify that the name of the trustee was inadvertently mentioned as “Catalyst Trusteeship Limited”. The correct name of the Debenture Trustee is: “CTL Trusteeship Limited” Accordingly, the earlier disclosure may be read and construed with the aforesaid correction. All other contents of the earlier disclosure remain unchanged. Further, with the approval of the Chairperson of the meeting and approval of all the Directors present at the meeting, the following additional agenda was also placed before the Board. 3. Relinquishment and Redesignation of Managing Director The Board has approved relinquishment of Mr. Rajesh Singh Kaira (DIN: 10028571) from his position as Managing Director and Key Managerial Personnel of the Company with effect from the closure of business hours on September 22, 2026. Further, pursuant to the recommendation of the Nomination and Remuneration Committee, the Board approved the redesignation of Mr. Rajesh Singh Kaira as Non-Executive, Non-Independent Director under the Professional Category of the Company with effect from September 23, 2026. 4. Allotment of 97,00,000 Equity Shares upon conversion of Warrants allotted on a Preferential basis The Board has considered and approved the allotment of 97,00,000 (Ninety-Seven Lakh) fully paid- up Equity Shares of face value of ₹1/- (Rupee One only) each, upon conversion of 97,00,000 warrants into equivalent number of Equity Shares. The said warrants were issued at an issue price of ₹4.80/- per warrant, payable in the manner prescribed under the terms of the issue, out of which ₹1.20/- per warrant was received at the time of subscription of the warrants. The warrant holders have now exercised their right to convert the warrants into Equity Shares and have remitted the balance amount of ₹3.60/- per warrant, aggregating to ₹3,49,20,000/- (Rupees Three Crores Forty-Nine Lakhs Twenty Thousands only). SL. Name of Allottees No of No. of warrants No. of Warrants No. Warrants for which remained pending Allotted request post conversion received for conversion into Equity 1 Luv Gupta 25,00,000 25,00,000 NIL 2 Kush Gupta 25,00,000 25,00,000 NIL 3 Vikash Gupta 30,00,000 30,00,000 NIL 4 SKG Assets Management 2,00,00,000 7,00,000 1,93,00,000 Private limited 5 SKG Assets and Holdings 1,00,00,000 10,00,000 90,00,000 Private Limited Accordingly, upon receipt of the balance consideration, the Board of Directors has approved the allotment of 97,00,000 (Ninety-Seven Lakh) fully paid-up Equity Shares of face value of ₹1/- each to the respective warrant holders. The total consideration payable for the aforesaid Equity Shares is ₹4,65,60,000/- (Rupees Four Crores Sixty Five Lakhs Sixty Thousands only), comprising:  ₹1.20/- per warrant received at the time of allotment of warrants; and  ₹3.60/- per warrant received upon conversion of warrants. The Equity Shares so allotted shall rank pari-passu in all respects with the existing fully paid-up Equity Shares of the Company and shall be subject to applicable lock-in requirements under the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018, as applicable. The above allotment of Equity Shares has been made pursuant to the resolutions passed by the Board of Directors and the Shareholders of the Company and in accordance with the provisions of the SEBI ICDR Regulations and other applicable rules/ regulations / guidelines, if any, prescribed by any other regulatory or statutory authorities and on receipt of requisite in principle approvals from the Stock Exchanges i.e., BSE Limited and National Stock Exchange of India Limited. The application for listing and trading approval of the Stock Exchanges for the Equity Shares allotted as above shall be made within the statutory timelines. Consequent to the above allotment, the paid-up Equity share capital of the Company stands increased as follows: Particulars No. of Equity Shares Amount (in Rs.) Existing Paid-up Equity 8,11,62,000 8,11,62000 Share Capital Post Allotment Paid-up 9,08,62,000 9,08,62,000 Equity Share Capital The details of the allotment are set out in Annexure 1 to this disclosure. This is for your information and records. The meeting commenced after adjournment at 05:30 P.M. and concluded at 07:00 P.M. Information as required under Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015 read with HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated July 11, 2023 and updated on January 30, 2026 is enclosed herewith. Thanking you, For Raama Finance Limited (Formerly known as Ramchandra Leasing & Finance Limited) Dhiraj Kumar Jha Company Secretary & Compliance Officer M. No. F9631 Encl: As Above Information as required under Regulation 30 read with Schedule III of the SEBI (LODR) Regulations, 2015 read with HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 dated July 11, 2023 and updated on January 30, 2026. 1. Allotment of 4,610 (Four Thousand Six Hundred and Ten only) “Unlisted, Unrated, Secured, Redeemable, Non-Convertible Debentures" ("NCDs")” having face value of INR 10,000/- (Rupees Ten Thousand only) each and aggregating to INR 4,61,00,000/- (Rupees Four Crores Sixty-One Lakhs Only) under “Series A” on private placement basis. Sr. Particulars Details 1. Type of securities “Unlisted, Unrated, Secured, Redeemable, Non-Convertible Debentures" ("NCDs")” – Series A 2. Type of issuance further public offering, Private Placement rights issue, depository receipts (ADR/GDR), qualified institutions placement, preferential allotment etc.) 3. Total number of securities 4,610 4. Size of Issue The members of the Company vide Postal Ballot Notice dated letter dated July 09, 2026 approved original issue Size Upto Rs. 100,00,00,000/- (Rupees One Hundred Crore only) NCD of face value of Rs. 10,000/- each. The Board in its meeting held today on September 22, 2026 has approved issuance of upto 5,000 (Five Thousand only) “Unlisted, Unrated, Secured, Redeemable, Non- Convertible Debentures" ("NCDs")” having face value of INR 10,000 (Rupees Ten Thousand only) each and aggregating to INR 5,00,00,000/- (Rupees Five Crores Only) under Series D1 on private placement basis. 5. Whether proposed to be listed? If No Yes, Name of Stock Exchange 6. Tenure of the instrument, 18 months from the date of allotment. Date of Allotment and Date of Maturity Date of Allotment: 22-09-2026 Date of maturity: 22-03-2028 7. Coupon/interest offered 20% P.A. 8. Schedule of payment of Monthly coupon/interest 9. Schedule of payment of Principal Upon Maturity 10. Charge/security, if any, created over the assets Secured by way of creation of charge of 125% of the Debenture amount over receivables of the Company created in favour of the debenture trustee as specifically set out in and fully described in the debenture trust deed except those receivables specifica [Showing first 8,000 characters — download PDF for full document]