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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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