BSECompany Update13 Aug 2026 · 13 Aug 2026, 05:21 pm

Statement of Deviation or variation of fund raised under Preferential Issue

Rita Finance and Leasing Ltd · 543256

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Rita Finance and Leasing Ltd has filed a statement of deviation or variation in the utilization of funds raised under a preferential issue, as per Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015. The company has received ₹456.50 lakhs from allottees and transferred ₹360.00 lakhs to its account for funding working capital requirement and fund raising expenses. The balance amount of ₹96.5 lakhs is lying in a special account.

Analysis Scores

Earnings Impact5/10
Growth Catalyst2/10
Governance Concern1/10
Regulatory Risk3/10
Balance Sheet Risk4/10
Liquidity Impact8/10
Market Sentiment5/10

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Rita Finance and Leasing Ltd - 543256 - Statement Of Deviation Or Variation In Utilization Of Funds Raised Under Preferential Issue - Regulation 32 Of The SEBI (Listing Obligations And Disclosure Requirements Regulations 2015.

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RITA FINANCE AND LEASING LIMITED CIN: L67120DL1981PLC011741 Registered Office: 325, Ilird Floor, Aggarwal Plaza, Sector-14, Rohini, Delhi-110085 Corp Off: 303, Tilakraj Complex, Opp. Surya Rath, Panchavati First Lane, Ambawadi, Ahmedabad - 380006 E-mail:ritaholdingsltd @gmail.com; Website:www.ritafinance.in; Tel.: +91-9810260127 Date: 13t August, 2026 Department of Corporate Relations Metropolitan Stock Exchange of India Limited | BSE Limited 205(A), 2nd floor, Piramal Agastya Corporate Park, | P.J. Towers, Kamani Junction, LBS Road, Kurla (West), Mumbai - | Dalal Street, Fort 400070 Mumbai-400 001 - | Security Code: 543256 | symbol: RFLL _[ Subject: Statement of Deviation or Variation in utilization of funds raised under preferential issue - Regulation 32 of the SEBI (Listing Obligations and Disclosure Requirements Regulations 2015. Dear Sir/Madam, Pursuant to Regulation 32(1) of SEBI (Listing Obligations and Disclosure Requirements) Regulations 2015, please find enclosed herewith statement of deviation(s) or variation(s) in utilization of funds raised through Preferential Allotment (Convertible Warrants issued on Preferential basis) of the Company for the quarter ended June 30, 2026 in the prescribed format. Kindly acknowledge the receipt and update your website with the same. Thanking You, Yours truly For Rita Finance and Leasing Limited =P R Sandip Patel Director DIN: 10849576 RITA FINANCE AND LEASING LIMITED CIN: L67120DL1981PLC011741 Registered Office: 325, Ilird Floor, Aggarwal Plaza, Sector-14, Rohini, Delhi-110085 Corp Off: 303, Tilakraj Complex, Opp. Surya Rath, Panchavati First Lane, Ambawadi, Ahmedabad - 380006 E-mail:ritaholdingsltd@gmail.com; Website:www.ritafinance.in; Tel.: +91-9810260127 Annexure A Statement of Deviation / Variation in utilization of funds raised Name of listed entity Rita Finance and Leasing Limited Mode of Fund Raising Preferential Allotment - Convertible Warrants o issued on Preferential basis Date of Raising Funds 13.05.2026 | Amount Raised %456.50 Lakhs (Amount Rs. in Lakhs) Report filed for Quarter ended 30.06.2026 Monitoring Agency NA B | Monitoring Agency Name, if applicable - - Is there a Deviation / Variation in use of funds No raised ) Laf yes, whether the same is pursuant to change | NA in terms of a contract or objects, which was approved by the shareholders. If Yes, Date of shareholder Approval - | Explanation for the Deviation / Variation NA Comments of the Audit Committee after review Comments of the auditors, if any Objects for which funds have been raised and where there has been a deviation, in the followihg table (Amount Rs. In Lakhs) Original ["Modifie | Original | Funds Modified | Amount of| Remark| Object d Allocatio | Utilized allocation| peviation | sifany Object, | n till | 30.06.202 | »ifany /Variatio if 30.06.202 | 6 n for the Any 6 quarter according applicable object i [F unding of N.A. 441.50 349.00 Nil Nil working capital requirement S F und Raising N.A. 15.00 11.00 Nil Nil ’E fix %p ae ln ses 456.50 360.00 Nil Nil | RITA FINANCE AND LEASING LIMITED CIN: L67120DL1981PLC011741 Registered Office: 325, IlIrd Floor, Aggarwal Plaza, Sector-14, Rohini, Delhi-110085 Corp Off: 303, Tilakraj Complex, Opp. Surya Rath, Panchavati First Lane, Ambawadi, Ahmedabad - 380006 E-mail:ritaholdingsltd@gmail.com; Website:www.ritafinance.in; Tel.: +91-9810260127 *Note: 1. The Company has raised 300.00/- Lakhs (25% of Issue Price) on 13* May, 2026 by way of issuance and allotment of upto 60,00,000 (Sixty Lakhs) Convertible Warrants (“Warrants”), at a price of %20.00/- (Twenty Rupees only) (including premium) per Warrant having face value ofX 10/- (Rupees Ten Only) each (“The Equity Shares”) at a premium of 10.00/- (Ten Rupees Only) per share. 2. During the quarter ended 30" June, 2026, amount of X 456.50/- Lakhs received from the allottees and out of it ¥ 360.00/- Lakhs was transferred from Special Account to Company account and the utilisation of funds under the object “Funding Working Capital Requirement” and “Fund Raising Expenses” was ¥360.00/- Lakhs. The balance amount X 96.5/- Lakhs are lying in Special Account. Further, the Company has undertaken to submit statement of deviation/ variation as per Regulation 32 of SEBI (LODR) Regulation, 2015 for the balance amount of preferential issue, which is yet to be raised. Deviation or variation could mean: (a) Deviation in the objects or purposes for which the funds have been raised or (b) Deviation in the amount of funds actually utilized as against what was originally disclosed or (c) Change in terms of a contract referred to in the fund raising document i.e. prospectus, letter of offer etc. For Rita Finance and Leasing Limited = P fae Sandip Patel Director DIN: 10849576