RGF Capital Markets Ltd (RGF) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by RGF Capital Markets Ltd on NSE and BSE, with an AI summary of each filing.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Nishad Jitendra Shah & Others
Acquisition/ Disposal of Shares · 30 Oct 2026, 4:05 pm
Nishad Jitendra Shah and PACs Acquire 16.98% Stake in RGF Capital Markets Nishad Jitendra Shah, along with persons acting in concert (PACs), acquired 2,54,80,900 equity shares (16.98% stake) in RGF Capital Markets Limited on 27th Oct'26 via an off-market Share Purchase Agreement dated 10th Mar'26. Following this acquisition, the collective holding of the acquirers increased from 2,08,65,708 shares (13.91%) to 4,63,46,608 shares, representing 30.89% of the company's total voting capital. The acquirers will be reclassified under the promoter group upon completion of the mandatory open offer.
Outcome of Board Meeting for Appointment of Internal Auditor
Outcome · 24 Oct 2026, 12:57 am
RGF Capital Markets Reports Q2 FY27 Loss and Appoints Internal Auditor RGF Capital Markets reported total revenue of ₹26.42 lakh for the quarter ended 30th Sep'26, compared to nil in Q2 FY26 and ₹20.14 lakh QoQ. The company posted a net loss of ₹42.40 lakh versus a net loss of ₹2.40 lakh YoY and a profit of ₹5.50 lakh QoQ, driven by ₹45.72 lakh in ROC filing fees for increasing authorized share capital. Additionally, the Board approved the appointment of M/s. Parikh & Associates, Chartered Accountants, as Internal Auditors for FY27.
Unaudited Financial Result for quarter & half year ended September 30, 2026
Financial Result · 24 Oct 2026, 12:51 am
RGF Capital Markets Reports Q2 FY27 Results and Internal Auditor Appointment RGF Capital Markets reported total revenue of ₹26.42 lakh for Q2 ended 30th Sep'26, up from ₹20.14 lakh QoQ (nil in Q2 FY26). The company posted a net loss of ₹42.40 lakh versus a net profit of ₹5.50 lakh in Q1 FY27 and a loss of ₹2.40 lakh YoY, heavily impacted by ₹45.72 lakh in ROC filing fees for increasing authorized share capital to ₹7,000 lakh. H1 FY27 net loss stood at ₹36.90 lakh. The board approved the appointment of M/s. Parikh & Associates as Internal Auditors for FY27.
Unaudited Financial Result for quarter & half year ended September 30, 2026
Financial Result · 24 Oct 2026, 12:49 am
RGF Capital Markets Reports Q2 FY27 Results RGF Capital Markets reported total revenue of ₹26.42 lakh for Q2 ended 30th Sep'26, up from ₹20.14 lakh in Q1 ended 30th Jun'26 and nil in Q2 ended 30th Sep'25. Net loss for the quarter stood at ₹42.40 lakh compared to a profit of ₹5.50 lakh in the previous quarter and a loss of ₹2.40 lakh YoY, impacted by ₹45.72 lakh in ROC filing fees for increasing authorized share capital. For H1 ended 30th Sep'26, net loss expanded to ₹36.90 lakh.
Outcome Of Board Meeting Under Regulation 30 Of SEBI (Listing Obligations And Disclosure Requirements), 2015
Outcome · 24 Oct 2026, 12:35 am
RGF Capital Markets Reports Q2 FY27 Results and Appoints Internal Auditors RGF Capital Markets reported standalone revenue from operations of ₹26.32 lakh for the quarter ended 30th Sep'26, up from ₹20.14 lakh in the preceding quarter. Total expenses surged to ₹68.82 lakh—largely driven by ₹45.72 lakh in ROC filing fees incurred to expand authorized share capital to ₹70.00 crore—resulting in a net loss of ₹42.40 lakh compared to a net profit of ₹5.50 lakh in Q1 FY27. Additionally, the Board appointed M/s. Parikh & Associates as Internal Auditors for FY27.
RGF Capital Markets Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 23/10/2026 ,inter alia, to consider and approve the Un-Audited Standalone ....
Intimation · 23 Oct 2026, 5:30 am
RGF Capital Markets Schedules Board Meeting for Q2 FY27 Results RGF Capital Markets Limited has scheduled a Board of Directors meeting on 23rd Oct'26 to consider and approve the standalone unaudited financial results for the quarter and half-year ended 30th Sep'26. In accordance with SEBI insider trading regulations, the company's trading window closure will remain in effect until 48 hours after the public disclosure of the financial results.
Kunvarji Finstock Private Limited ("Manager to the Offer") has submitted to BSE a copy of Pre-Offer advertisement and corrigendum to the Detailed Public Statement & Draft Letter of Offer ....
Others (Uncategorized) · 12 Oct 2026, 6:46 pm
Open Offer Corrigendum for RGF Capital Markets Kunvarji Finstock issued a pre-offer advertisement and corrigendum for the open offer to acquire up to 3,90,06,240 equity shares (26% voting share capital) of RGF Capital Markets. Following RBI approval received on 24th Sep'26, the offer price is revised to ₹1.10 per share, inclusive of ₹0.10 interest per share for regulatory delay, totaling ₹4,29,06,864 in consideration. Open-market sales reduced shares available via SPA to 2,54,80,900 (16.98%). The tendering period runs from 13th Oct'26 to 27th Oct'26, with settlements completing by 11th Nov'26.
Kunvarji Finstock Private Limited ("Manager to the Offer") has submitted to BSE a copy of Recommendation of the Independent Director Committee ("IDC") of RGF Capital Markets Ltd ("Target ....
Others (Uncategorized) · 09 Oct 2026, 4:59 pm
RGF Capital Markets IDC Recommends Open Offer at Revised ₹1.10 per Share The Independent Director Committee of RGF Capital Markets deemed the open offer by Nishad Jitendra Shah and PACs fair and reasonable under SEBI (SAST) Regulations. The cash offer targets up to 3,90,06,240 equity shares (26.00% voting capital). The offer price was revised from ₹1.00 to ₹1.10 per share, adding ₹0.10 interest due to RBI statutory approval delays, which exceeds statutory pricing parameters including the 60-day VWAMP of ₹0.84 and 52-week high of ₹0.83. IDC members hold no target equity or acquirer relationships.
As per the attachment.
Annual General Meeting · 05 Oct 2026, 10:34 pm
RGF Capital Markets Shareholders Approve All Resolutions at Annual General Meeting RGF Capital Markets Limited announced that all resolutions presented at its Annual General Meeting held on 30th Sep'26 were passed with requisite majority via remote e-voting and ballot. Key approvals included the adoption of audited financial statements for the fiscal ended 31st Mar'26 (99.99998% approval), the regularisation of Ajay Pratap Singh as Non-Executive Independent Director (99.98568% approval), the appointment and remuneration of Statutory Auditors (99.98568% approval), and the appointment of Pankaj Kumar Modi as Secretarial Auditor (99.98568% approval), with 112 members casting 6,99,29,857 total votes.
As per the attachments.
Annual General Meeting · 05 Oct 2026, 7:34 pm
RGF Capital Markets Shareholders Approve All AGM Resolutions RGF Capital Markets Limited announced the voting results for its Annual General Meeting held on 30th Sep'26, confirming that all resolutions were approved with requisite majority. Shareholders adopted the audited financial statements for FY26 (99.99998% in favor) and approved the regularization of Ajay Pratap Singh as Non-Executive Independent Director (99.98568% in favor). Additionally, resolutions appointing statutory auditors and Pankaj Kumar Modi as secretarial auditor each passed with 99.98568% majority approval across 6,99,19,844 valid votes. In total, 112 members representing 6,99,29,857 shares participated.
Reconstitution of Commiittee
Others (Uncategorized) · 05 Oct 2026, 5:53 pm
RGF Capital Overhauls Leadership Following RBI Approval for Management Change Following RBI approval dated 24th Sep'26 for a change in shareholding and management, RGF Capital Markets revamped its leadership on 5th Oct'26. Nishad Jitendra Shah was appointed Managing Director alongside Rajshree Nishad Shah as Non-Executive Promoter Director and Amar Chokshi as Independent Director. Mit Gandhi joined as CFO and Shivam Jayeshkumar Prajapati as Company Secretary. Concurrently, outgoing MD & CFO Sagar Mal Nahata, Director Sujit Kumar Panda, and Independent Director Basanti Roy resigned. The Board also reconstituted its Audit and Nomination & Remuneration Committees under Amar Chokshi's chairmanship.
Announcement under Regulation 30 - Appointment of Mr. Mit Gandhi as CFO & Mr. Amar Chokshi as Independent Director
Others (Uncategorized) · 05 Oct 2026, 5:38 pm
RGF Capital Markets Overhauls Board and Key Leadership Following RBI Approval RGF Capital Markets reconstituted its management on 5th Oct'26 following RBI approval for a change in shareholding and control. The board appointed Mr. Nishad Jitendra Shah as Managing Director and Mrs. Rajshree Nishad Shah as Non-Executive Director under the promoter category until 1st Sep'31. Additionally, Mr. Amar Chokshi was appointed as Independent Director for five years, Mr. Mit Gandhi as Chief Financial Officer, and Mr. Shivam Prajapati as Company Secretary. Concurrently, Managing Director & CFO Mr. Sagar Mal Nahata and Director Mr. Sujit Kumar Panda resigned due to the management transition.
Change in Management
Change in Management · 05 Oct 2026, 5:33 pm
RGF Capital Markets Overhauls Board and Leadership Following RBI Approval Following RBI approval dated 24th Sep'26 for a change in management and shareholding, RGF Capital Markets approved major leadership changes effective 5th Oct'26. Nishad Jitendra Shah was appointed Managing Director and Additional Director till 1st Sep'31, alongside Rajshree Nishad Shah as Additional Non-Executive Director. Amar Chokshi was appointed Independent Director for 5 years, Mit Gandhi as CFO, and Shivam Jayeshkumar Prajapati as CS & Compliance Officer. Concurrently, Managing Director & CFO Sagar Mal Nahata, Director Sujit Kumar Panda, and Independent Director Basanti Roy resigned. Committees were reconstituted accordingly.
Appointment of Mr. Shivam Jayeshkumar Prajapati - Company Secratary & Compliance Officer
Change in Management · 05 Oct 2026, 5:31 pm
RGF Capital Markets Restructures Leadership and Board Following RBI Approval RGF Capital Markets overhauled its leadership on 5th Oct'26 following RBI approval for a change in shareholding and management. The board appointed promoter Nishad Jitendra Shah as Managing Director until 1st Sep'31, Rajshree Nishad Shah as Non-Executive Director, and Amar Chokshi as Independent Director for five years. Additionally, Mit Gandhi took charge as CFO, and Shivam Jayeshkumar Prajapati was named Company Secretary & Compliance Officer. Outgoing Managing Director and CFO Sagar Mal Nahata, along with directors Sujit Kumar Panda and Basanti Roy, resigned from their positions.
Resigantion of Mr. Sujit Kumar Panda & Mrs. Basanti Roy - Director & Independent Director
Change in Management · 05 Oct 2026, 5:24 pm
RGF Capital Markets Overhauls Board and Leadership Following Management Change RGF Capital Markets announced a major management overhaul effective 5th Oct'26, following RBI approval on 24th Sep'26. Nishad Jitendra Shah has been appointed MD, alongside Rajshree Nishad Shah as Non-Executive Director and Amar Chokshi as Independent Director. Mit Gandhi steps in as CFO, while Shivam Jayeshkumar Prajapati was appointed CS & Compliance Officer. Concurrently, Managing Director & CFO Sagar Mal Nahata, Director Sujit Kumar Panda, and Independent Director Basanti Roy resigned effective 5th Oct'26, prompting a reconstitution of the Audit and NRC committees.
Resignation of Mr. Sagar Mal Nahata - CFO
Change in Management · 05 Oct 2026, 5:21 pm
RGF Capital Markets Overhauls Board and Leadership Following RBI Management Change Approval Following RBI approval dated 24th Sep'26 for management change, RGF Capital Markets announced a complete leadership overhaul on 5th Oct'26. The board appointed Nishad Jitendra Shah as Managing Director until 1st Sep'31, Rajshree Nishad Shah as Non-Executive Director, Amar Chokshi as Independent Director for five years, Mit Gandhi as CFO, and Shivam Jayeshkumar Prajapati as Company Secretary. Concurrently, Managing Director & CFO Sagar Mal Nahata, Director Sujit Kumar Panda, and Independent Director Basanti Roy resigned effective 5th Oct'26 closing hours.
Resgination of Mr. Sagar Mal Nahata - Chairman & Managing Director.
Change in Management · 05 Oct 2026, 5:17 pm
RGF Capital Markets Overhauls Board and Leadership Following Management Change RGF Capital Markets announced a major management overhaul effective 5th Oct'26 following RBI approval dated 24th Sep'26 for a change in shareholding and control. Nishad Jitendra Shah was appointed Managing Director till 1st Sep'31 alongside Rajshree Nishad Shah as Non-Executive Director, Amar Chokshi as Independent Director, and Mit Gandhi as CFO. Concurrently, Managing Director & CFO Sagar Mal Nahata and Director Sujit Kumar Panda resigned due to the management transition, while Independent Director Basanti Roy stepped down citing personal reasons. Committees have been reconstituted accordingly.
Outcome of board meeting dated 05th october, 2026
Others (Uncategorized) · 05 Oct 2026, 4:31 pm
RGF Capital Markets Overhauls Board and Leadership Following RBI Approval RGF Capital Markets announced a major management overhaul effective 5th Oct'26 following RBI approval for ownership changes. Nishad Jitendra Shah was appointed Managing Director through 1st Sep'31, alongside Rajshree Nishad Shah as Non-Executive Promoter Director and Amar Chokshi as Independent Director. Mit Gandhi joined as CFO and Shivam Jayeshkumar Prajapati as Company Secretary. Concurrently, Managing Director & CFO Sagar Mal Nahata, Director Sujit Kumar Panda, and Independent Director Basanti Roy resigned. Consequently, the Board reconstituted its Audit and Nomination & Remuneration Committees, both now chaired by Amar Chokshi.
Kunvarji Finstock Private Limited ("Manager to the Offer") has submitted to BSE a copy of Letter of Offer in relation to the open offer to the Shareholders of RGF Capital Markets Ltd ("Target ....
Others (Uncategorized) · 01 Oct 2026, 8:36 pm
Open Offer Letter Filed for RGF Capital Markets Acquisition Kunvarji Finstock Pvt. Ltd. issued the Letter of Offer for the open offer by Mr. Nishad Jitendra Shah and eight PACs/acquirers to acquire up to 3,90,06,240 fully paid-up equity shares (26.00% voting capital) of RGF Capital Markets Ltd at ₹1.10 per share (including ₹0.10 interest for delayed RBI approval), aggregating ₹4.29 cr in cash. The tendering period runs from 13th Oct'26 to 27th Oct'26, following an underlying SPA for a 16.98% stake (2,54,80,900 shares) and a preferential warrant allotment.
As per the attachment.
Annual General Meeting · 30 Sept 2026, 9:19 pm
RGF Capital Markets Discloses Key Outcomes of Annual General Meeting RGF Capital Markets Limited held its Annual General Meeting on 30th Sep'26. Members considered and adopted the audited financial statements for the financial year ended 31st Mar'26. Key corporate resolutions included the regularization and appointment of Ajay Pratap Singh as a Non-Executive Independent Director for a five-year term, the appointment of Arun Jain & Associates as Statutory Auditors, and the appointment of Pankaj Kumar Modi as Secretarial Auditor for FY26-27. Scrutinizer voting results will be submitted separately.
Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed herewith the Annual Report of RGF Capital Markets Limited ....
Others (Uncategorized) · 25 Sept 2026, 8:58 pm
Kunvarji Finstock Private Limited ("Manager to the Offer") has informed BSE that the identified date for determining the names of the shareholders to whom the Letter of Offer shall be sent ....
Others (Uncategorized) · 24 Sept 2026, 11:59 pm
RGF Capital Markets Sets Identified Date for 26% Open Offer Kunvarji Finstock, acting as Manager to the Open Offer, announced that 28th Sep'26 has been fixed as the Identified Date to determine eligible public shareholders for receiving the Letter of Offer. The proposed transaction involves the acquisition of up to 3,90,06,240 equity shares (face value ₹1 each), representing 26.00% of the voting share capital of RGF Capital Markets Limited, by Nishad Jitendra Shah along with eight other co-acquirers in compliance with SEBI SAST Regulations.
Disclosure under Regualtion 30 (LODR) - Receipt of RBI Approval for Change in Shareholidng/ Control and Management
Change in Management · 24 Sept 2026, 9:01 pm
RGF Capital Markets Secures RBI Approval for Change in Control and Management RGF Capital Markets received RBI approval on 24th Sep'26 for a proposed change in shareholding, control, and management following prior SEBI clearance on 11th Jun'26. The approval facilitates the acquisition and open offer by acquirers led by Mr. Nishad Jitendra Shah. Additionally, the RBI sanctioned the appointment of Mr. Nishad Jitendra Shah and Mrs. Rajshree Nishad Shah as Directors of the company, subject to standard regulatory terms and conditions.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Caravan Vyapaar Pvt Ltd
Acquisition/ Disposal of Shares · 25 Aug 2026, 4:25 pm
Promoter Group Disposes Entire Stake in RGF Capital Markets Caravan Vyapaar Private Limited, part of the promoter group of RGF Capital Markets, disposed of its entire 5.47% stake via open market sales. The series of transactions occurred between 27-Jul'26 and 18-Aug'26. A total of 8,211,870 shares were sold, reducing Caravan Vyapaar's holding to zero from 5.47% of the total share capital. The company's total share capital remains unchanged at 150,024,000 shares post-disposal. This disclosure was made under SEBI's Insider Trading and Takeover Regulations on 24-Aug'26.
The Exchange has received the disclosure under Regulation 29(2) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Buddleia Traders Pvt Ltd
Acquisition/ Disposal of Shares · 25 Aug 2026, 4:23 pm
Promoter Entity Reduces Stake in RGF Capital Markets Buddleia Traders Pvt Ltd, a promoter entity of RGF Capital Markets, sold 2.45 million shares between 28 Jul'26 and 18 Aug'26 via open market transactions. The total value of the disposal was ₹56.8 million. Following the sales, Buddleia Traders' shareholding decreased from 3.08% (4.62 million shares) to 1.44% (2.17 million shares). The disclosure was made to the exchanges on 21 Aug'26.