RLF Ltd Board Approves ₹1.36 Crore Loan Conversion into Equity

Board approved settling 1.4 Cr in promoter loans via conversion into 13 lakh equity shares at Rs 10.50 per share on a preferential basis. This increases promoter group stake from 34.7% to 42.4%. The Board also approved a new Articles of Association and scheduled an EGM for shareholder approvals.