BSECompany Update5d ago · 23 Jul 2026, 01:25 pm

Pursuant to regulation 30 read with para B of part A of Schedule III of SEBI (Listing Obligation and Disclosure Requirements) Regulations 2015, the Company has entered into Term Loan Agreement ....

Raama Finance Ltd · 538540

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Raama Finance Ltd has entered into a Term Loan Agreement with Mufin Green Finance Limited for INR 5.00 Crore to be utilized for onward lending. The loan agreement was signed on July 22, 2026, and the company received the signed copy on July 23, 2026. The loan is secured by an exclusive charge on present and future receivables and a pledge of shares by the promoters.

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Earnings Impact2/10
Growth Catalyst1/10
Governance Concern1/10
Regulatory Risk2/10
Balance Sheet Risk4/10
Liquidity Impact5/10
Market Sentiment3/10

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Raama Finance Ltd - 538540 - Disclosure Under Regulation 30 Of The Securities And Exchange Board Of India (Listing Obligations And Disclosure Requirements) Regulations, 2015 ('SEBI Listing Regulations') - Term Loan Agreement

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To, Date: July 23, 2026 BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Fort, Mumbai – 400001 Dear Sir/Ma’am, Scrip Code No. : 538540 Scrip Symbol : RAAMA ISIN : INE516P01015 Subject: Disclosure under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (“SEBI Listing Regulations”) – Term Loan Agreement Pursuant to Regulation 30 read with Para B of Part A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, (“Listing Regulations”), the Company has entered into a Term Loan Agreement dated July 22, 2026 with Mufin Green Finance Limited. The Agreement was signed on 23rd July 2026. The Company received the signed copy of the loan agreement today on July 23, 2026 at 12: 58 P.M. The details as required under Regulation 30 read with Schedule III of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, is enclosed herewith. Kindly take the same on your records. Thanking you, For RAAMA FINANCE LIMITED (formerly known as Ramchandra Leasing & Finance Limited) Dhiraj Kumar Jha Company Secretary & Compliance Officer M. No. F9631 Details as required under Regulation 30 of the Listing Regulations read with SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023 S. No. Particulars Disclosures 1. Name(s) of the Parties with whom the agreement is Mufin Green Finance Limited entered 2. Purpose of entering into the agreement Term Loan to be utilized for onward lending 3. Size of the agreement INR 05.00 Crore (Indian Rupees Five Crores only). 4. Shareholding, if any, in the entity with whom the NIL agreement is executed 5. Significant terms of the agreement (in brief), special A brief of significant term rights like right to appoint directors, first right to share includes that: subscription in case of issue of shares, right to restrict change in capital structure etc. Prior approval of lender i.e. Mufin Green Finance Limited shall be required in case the company opts for: “a. Changes in business structure, entering into merger acquisition, restructuring b. Entering into transactions not in the ordinary course of business, c. Material changes in management, d. Entering into management arrangement where operations are to be managed by any other person, e. Amendments in MOA and AOA except Increase in Authorised capital, f. Winding up of the Company. 6. Whether, the said parties are related to the promoter No /promoter group /group Companies in any manner. If yes, nature of relationship 7. Whether the transaction would fall within related No party transaction? If yes, whether the same is done at 'arms' length' 8. In case of issuance of shares to the parties, details of No issue price, class of shares issued 9. In case of loan agreements, details of lender, nature of Details of lender: Mufin Green the loan, total amount of loan granted, total amount Finance Limited outstanding, date of execution of the loan agreement / sanction letter, details of security provided to the Nature of the Loan: Term Loan lenders for such loan Total amount of Loan granted: INR 5.00 Crore (Five Crores only). Total amount outstanding: INR 05.00 Crore (Indian Rupees Five Crores only). Date of execution of the loan agreement / sanction letter: July 22, 2026  Details of security provided to the lenders for such loan: a. Exclusive charge on present and future receivables (Net of Financial charges, NPA and other charges) to the extent of 120% of the loan principal outstanding during the current of the loan.  Exclusive charge by way of hypothecation on the Borrower’s receivables upto 1.20x of the facility amount.  Promoters (i.e. Akhil Mittal and Pratika Sharma) shall provide a pledge of shares equivalent to 2.5 times the loan value 10. Any other disclosures related to such agreements, viz. None details of the nominee on the board of directors of the listed entity, potential conflict of interest arising out of such agreements, etc. 11. In case of termination or amendment of agreement, Not applicable listed entity shall disclose additional details to the stock exchange(s): (i) Name of the parties to the agreement (ii) Nature of the agreement (iii) Date of execution of the agreement (iv) Details of the amendment and impact thereof or reasons of termination and impact thereof