The Board in its meeting held today, October 29, 2026, Approved following: 1. Allotment of 1,01,50,000 Equity Shares upon conversion 1,01,50,000 warrants allotted on preferential basis. 2. Appointment of Kumar Gaurav & Co., M/s. Goyal Nagpal and Co., Chartered Accountants to fill the casual vacancy. please find enclose detailed disclosure.

Date: October 29, 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, The Board in its meeting held today i.e. on Thursday, October 29, 2026 considered and approved the following: 1. Allotment of 1,01,50,000 Equity Shares upon conversion of Warrants allotted on a Preferential basis Pursuant to Regulation 30 read with Schedule III of SEBI Listing Regulations, 2015, we wish to inform that the Board of Directors of the Company has approved allotment of 1,01,50,000 (One Crores One Lakhs and Fifty Thousand only) fully paid-up Equity Shares of face value of ₹1/- (Rupee One only) each, upon conversion of 1,01,50,000 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 ₹4,87,20,000/- (Rupees Four Crores Eighty-Seven Lakh and twenty Thousand only). Accordingly, upon receipt of the balance consideration, the Board of Directors has approved the allotment of 1,01,50,000 (One Crores One Lakhs and Fifty Thousand only) 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 ₹4,87,20,000/- (Rupees Four Crores Eighty-Seven Lakh and twenty Thousand 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. 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 9,08,62,000 9,08,62,000 Share Capital Post Allotment Paid-up 10,10,12,000 10,10,12,000 Equity Share Capital 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 along with additional details of Conversion is enclosed herewith as Annexure A. 2. Appointment of Statutory Auditors in Casual Vacancy In continuation of our letter dated October 07, 2026, the statutory auditor of the Company M/s. Goyal Nagpal and Co., Chartered Accountants (Firm Registration No. 018289C), New Delhi, Statutory Auditors of the Company had tendered their resignation with effect from October 06, 2026 from the position of Statutory Auditors of the Company due to being unable to devote the requisite resources, time, supervision and professional attention necessary to conduct the statutory audit assignment in accordance with the applicable professional standards, regulatory requirements and timelines. Therefore, the Audit Committee of the Company in its meeting held today recommended the appointment of M/s. Kumar Gaurav & Co., Chartered Accountants, (Firm Registration No. 018618C) as Statutory Auditors of the Company, consequently, the Board further recommended appointment of M/s. Kumar Gaurav & Co., Chartered Accountants, (Firm Registration No. 018618C), as Statutory Auditors to fill the casual vacancy and to hold the office upto the conclusion of the 34th Annual General Meeting (“AGM”) of the Company to be held in the year 2027, subject to approval of the Members of the Company in the General Meeting to be held within statutory timelines. The 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 as Annexure B. The meeting commenced at 12:00 P.M. and concluded at 01: 10 P.M. This is for your information and record please. 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 Annexure - A 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 along with additional details of Conversion. 1. Allotment of 1,01,50,000 (One Crores One Lakhs and Fifty Thousand only) fully paid-up Equity Shares of face value of ₹1/- (Rupee One only) each, upon conversion of 1,01,50,000 warrants into equivalent number of Equity Shares. Sr. No. Particulars Details 1. Type of securities proposed to be issued (viz. equity shares, Allotment of Equity Shares convertibles etc.) pursuant to conversion of Warrants 2. Type of issuance (further public offering, rights issue, Allotment of Equity Shares depository receipts (ADR/GDR), qualified institutions pursuant to conversion of placement, preferential allotment etc.) Warrants which were issued by way of a preferential issue through private placement offer (the “Preferential Issue”) 3. Total number of securities proposed to be issued or the total Allotment of 1,01,50,000 (One amount for which the securities will be issued (approximately); Crores One Lakhs and Fifty Thousand only) Equity Shares having face value of Rs. 1/- each on account of conversion of Warrants into Equity Shares 4. In case of preferential issue, the listed entity shall disclose the following additional details to the stock exchange(s): i. Names of the investors 1. Manan Gupta 2. Shailendra Gupta 3. Anuj Gupta 4. Madhur Bansal 5. SKG Assets Management Private Limited 6. Equity First Ventures ii. Post allotment of securities Detailed below a. Outcome of subscription Rs. 4.80/- (Including face value of Rs. 1 and premium per equity share of Rs. 3.80/-) b. Issue price / allotted price (in case of convertibles) 4.80 c. No. of Investor(s) 6 a. in case of convertibles – intimation on conversion of securities Conversion of Securities or on lapse of the tenure of the instrument; 7. Any cancellation or termination of proposal for issuance of NIL securities including reasons thereof. ADDITIONAL DETAILS OF CONVERSION S. No. Name of Allottees No of No. of Equity No. of Shares No. of Warrants shares allotted already Warrants Allotted pursuant to allotted upon pending for conversion of conversion on conversion warrants 22-09-2026 1. Manan Gupta 5,00,000 5,00,000 - NIL 2. Shailendra Gupta 5,00,000 5,00,000 - NIL 3. Anuj Gupta 35,00,000 14,00,000 - 21,00,000 4. Madhur Bansal 35,00,000 35,00,000 - NIL 5. SKG Assets 2,00,00,000 30,00,000 7,00,000 1,63,00,000 Management Private Limited 6. Equity First Ventures LLP 80,00,000 12,50,000 - 67,50,000 ANNEXURE B Appointment of Statutory Auditors in casual vacancy The information as required under Regulatio [Showing first 8,000 characters — download PDF for full document]