Richfield Financial Services has received approval to raise funds through the issuance of 1,00,000 Nos. of Secured Redeemable Series III Non-Convertible Debentures (NCDs) of Rs 1000 each aggregating to Rs 10 crore on Private Placement basis in one or more tranches, to the identified persons in accordance with the provisions of the Companies Act, 2013 and other applicable laws. The Board of Directors of the company at its meeting held on February 24, 2025 has approved the same.
The company is engaged in the business of Finance and Investment in Shares and Securities.
