BSECompany Update3 Aug 2026 · 3 Aug 2026, 06:33 pm
In compliance with Regulation 31(1) of SEBI(Substantial Acquisition of Shares & Takeovers) Regulation 2011, Mr. Akhil Mittal and Mrs. Pratika Sharma, promoters of the Company have disclosed ....
Raama Finance Ltd · 538540
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Raama Finance Ltd's promoters, Mr. Akhil Mittal and Mrs. Pratika Sharma, have disclosed details of creating a pledge on their shares of the company, in compliance with Regulation 31(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.
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Raama Finance Ltd - 538540 - Disclosure Under Regulation 31(1) Of The SEBI (Substantial Acquisition Of Shares & Takeovers)
Regulations, 2011 Of Creation Of The Pledge On Shares Of The Promoters.
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To, Date: August 03, 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 31(1) of the SEBI (Substantial Acquisition of Shares & Takeovers)
Regulations, 2011 of creation of the pledge on shares of the promoters.
In compliance with Regulation 31(1) of SEBI (Substantial Acquisition of Shares & Takeovers)
Regulations, 2011, Mr. Akhil Mittal and Mrs. Pratika Sharma, promoters of the Company have
disclosed details with respect to creation of pledge by promoters.
A copy of Disclosure as received from the promoters is enclosed herewith.
Kindly take the same on your records.
Thanking you,
For RAAMA FINANCE LIMITED
(formerly known as Ramchandra Leasing & Finance Limited)
Rajesh Singh Kaira
Managing Director
DIN: 10028571
Place: Delhi
Encl: As above
Format for disclosure by the Promoter(s) to the stock exchanges and to the Target Company for encumbrance of shares / invocation of encumbrance/ release of encumbrance, in terms of Regulation 31(1)
and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011
Raama Finance Limited (Formerly known as Ramchandra Leasing and Finance Limited)
Name of the Target Company (TC)
Bombay Stock Exchange
Names of the Stock Exchanges where the shares of the target company are listed
03.08.2026
Date of reporting
Mr. Akhil Mittal (Promoter)
Name of the promoter or PAC on whose shares encumbrance has been
Mrs. Pratika Sharma (Promoter)
created/released/invoked
Details of the creation/invocation/release of encumbrance: Creation of encumbrance
Name of Promoter holding in the target Promoter Details of events pertaining to encumbrance (3) Post event holding of
the company (1) holding already encumbered shares {creation
promoter encumbered (2) [(2)+(3)] /
(s) or release [(2)-(3)] / invocation
with
him(**)
No. of % of % w.r.t No. of % of Type of Date of Type of No. of % of total Reason for Name of the entity in No. of % of total
shares total diluted shares total event creation/ encumbranc shares share Creation of whose favor shares shares share
share share share (creation invocation e (pledge/ capital Pledge or Reason encumber capital
capital capital(* capital / release / release of lien/ non for Release or ed
) invocatio encumbran disposal Invoke of shares*
n) ce undertaking/
others)
Mr. 2,22,89,981 27.46% 15.26% NIL NIL Creation 31.07.2026 Pledge 39,06,250 4,81 Term loan taken Mufin Green Finance 39,06,250 4.81
Akhil by Target Limited
Mittal Company
Mrs. 2,22,89,982 27.46% 11.42% NIL NIL Creation 31.07.2026 Pledge 39, 06,250 4.81 Term loan taken Mufin Green Finance 39,06,250 4.81
Pratika by Target Limited
Sharma Company
For AKHIL MITTAL For PRATIKA SHARMA
Place: Delhi Place: Delhi
Date: 03.08.2026 Date:03.08.2026
(**) The names of all the promoters, their shareholding in the target company and their pledged shareholding as on the reporting date should appear in the table irrespective of whether they are reporting on the date of
event or not.
(*) Total share capital to be taken as per the latest filing done by the company to the Stock Exchange under Clause 35 of the listing Agreement. Diluted share/voting capital means the total number of shares in the TC
assuming full conversion of the outstanding convertible securities/warrants into equity shares of the TC.
******