Promoters Acquire 1.5 Crore Convertible Warrants in Raama Finance via Preferential Allotment

Two promoter entities — Akhil Mittal and DS Family Office Trust — have each submitted formal disclosures under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, reporting the acquisition of convertible warrants in Raama Finance Limited (formerly known as Ramchandra Leasing and Finance Limited). Both disclosures, dated 14.05.2026, were filed with BSE Limited and the Company Secretary of Raama Finance Limited. Both acquisitions were executed through preferential allotment on 12.05.2026.

Acquisition Details

Akhil Mittal acquired 75,00,000 convertible warrants, representing 3.84% of the total diluted share/voting capital of the company. Similarly, DS Family Office Trust also acquired 75,00,000 convertible warrants, likewise representing 3.84% of the total diluted share/voting capital. In both transactions, no shares carrying voting rights or voting rights otherwise than by shares were acquired. The equity share capital and total voting capital of the company remained unchanged at 8,11,62,000 before and after each acquisition.

The following table summarises the key parameters of both acquisitions:

Parameter: Akhil Mittal DS Family Office Trust Acquirer Category: Promoter Promoter Mode of Acquisition: Preferential Allotment Preferential Allotment Date of Acquisition: 12.05.2026 12.05.2026 Instruments Acquired: Convertible Warrants Convertible Warrants Number of Warrants Acquired: 75,00,000 75,00,000 % of Total Diluted Capital (Acquired): 3.84% 3.84% Stock Exchange: BSE Limited BSE Limited

Pre and Post-Acquisition Shareholding

The table below presents Akhil Mittal's holding position before and after the acquisition:

Metric: Before Acquisition After Acquisition Shares Carrying Voting Rights: 2,22,89,981 2,22,89,981 % w.r.t. Total Share/Voting Capital: 27.46% 27.46% % w.r.t. Total Diluted Capital: 27.46% 11.42% Convertible Warrants Held: 0 75,00,000 % of Diluted Capital (Warrants): 0 3.84% Total Combined Holding (Shares + Warrants): 2,22,89,981 2,97,89,981 Total % w.r.t. Total Share/Voting Capital: 27.46% 27.46% Total % w.r.t. Total Diluted Capital: 27.46% 15.26%

For DS Family Office Trust, the entity held no shares, voting rights, or convertible instruments prior to this transaction. Post-acquisition, its entire holding consists of 75,00,000 convertible warrants, representing 3.84% of the total diluted capital. No shares were encumbered, pledged, or subject to any non-disposal undertaking by either acquirer before or after the respective transactions.

Metric: Before Acquisition After Acquisition Shares Carrying Voting Rights: 0 0 % w.r.t. Total Share/Voting Capital: 0 0 % w.r.t. Total Diluted Capital: 0 0 Convertible Warrants Held: 0 75,00,000 % of Diluted Capital (Warrants): 0 3.84% Total Combined Holding: 0 75,00,000 Total % w.r.t. Total Diluted Capital: 0 3.84%

Capital Structure of Raama Finance Limited

The equity share capital and total voting capital of Raama Finance Limited stood at 8,11,62,000 both before and after the acquisitions. Following the preferential allotment of convertible warrants to both promoter entities, the total diluted share/voting capital of the company stands at 19,51,62,000.

Regulatory Disclosure

Both disclosures were made in compliance with Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, and were addressed to BSE Limited and the Company Secretary of Raama Finance Limited, headquartered at Vadodara, Gujarat. Akhil Mittal's filing was digitally signed from New Delhi on 14.05.2026. The disclosure on behalf of DS Family Office Trust was digitally signed by Pratika Sharma, Authorised Signatory, also from New Delhi on 14.05.2026.

Raama Finance Limited has published a mandatory public notice regarding the proposed relocation of its registered office from Gujarat to Delhi. The company informed BSE Limited on April 25, 2026, about the newspaper publication of Form INC-26 notice as required under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance and Shareholder Approval

The notice publication follows the shareholder approval obtained on November 21, 2025, for shifting the company's registered office from the "State of Gujarat" to the "State of Delhi." The company has fulfilled its regulatory obligation by publishing the prescribed Form INC-26 notice in The Financial Express (English and Gujarati), Ahmedabad editions, on Saturday, April 25, 2026.

Public Notice Details

Parameter: Details Publication Date: April 25, 2026 Newspaper: The Financial Express (English and Gujarati) Edition: Ahmedabad Form Type: INC-26 Purpose: Registered office relocation

The notice invites objections from any person whose interests may be affected by the proposed change of registered office. Interested parties can file objections within fourteen days of the publication date.

Company Information

Detail: Information Company Name: RAAMA FINANCE LIMITED Former Name: Ramchandra Leasing and Finance Limited CIN: L65910GJ1993PLC018912 RBI Registration: 01.00109 GST Number: 09AAACR9381E1Z5 Scrip Code: 538540 Scrip Symbol: RLFL

Current Office Locations

The company currently maintains its registered office at 201/1, Rudra Plaza, Opp. VMC Gas Office, Dandia Bazar Main Road, Vadodara, Gujarat - 390001, and its corporate office at F-40, Sector 6, Noida, Gautam Buddha Nagar, 201301, Uttar Pradesh.

Objection Process

Any person whose interests may be affected by the proposed registered office change can file objections either through the MCA-21 portal ( www.mca.gov.in ) using the investor complaint form or by registered post to the Regional Director at ROC BHAVAN, OPP. RUPAL PARK SOCIETY, BEHIND ANKUR BUS STOP, NARANPURA, AHMEDABAD-380013, GUJARAT, within fourteen days of the notice publication.

The company has made the newspaper advertisements available on its website at https://ramchandrafinance.com/ for public reference. The notice was signed by Dhiraj Kumar Jha, Company Secretary & Compliance Officer (M. No. F9631), and countersigned by Rajesh Singh Kaira, Managing Director (DIN: 10028571).

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