Richfield Financial Services Approves ₹10 Crore Series VI NCD Issue

Board approved private placement of 1 lakh secured, unlisted Series VI NCDs at Rs 1,000 each, raising Rs 10 Cr; deemed allotment date October 3, 2026. NCDs offer monthly, cumulative or doubling options across 400 days to 68 months, with monthly coupon rates of 11.25%-12.00%. Funds may support lending or liquidity, but use was not disclosed. Securities are secured by hypothecation/pledge; redemption may rely on profits or fresh issue.