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Board Meeting Outcome

RNFI Services Board Meeting Outcome

RNFI Services approved acquisition of up to 75% of Ambition Services for up to ₹4.03 Crore. The deal will be completed within 18 months, expanding its business‑correspondent network.

Key figures
Value₹4.03 Cr
Execution period18 months
Source

NSE filing, NSE: RNFI. Summary written from the filing by ALFA Finder's alert engine.

Read the filing ↗

RNFI Services Ltd: key numbers

Share price
₹314.95
Market cap
₹799.8 Cr
Revenue (annual)
₹968.6 Cr
Net profit (annual)
₹28.98 Cr
P/E (TTM)
27.6×Sector 19.8×
Promoter holding
64.25%-0.10% QoQ
FII holding
1.35%Current quarter

Reference market data from a third-party provider, updated daily. Not a valuation or a recommendation.

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Regulatory Approval

RNFI Services Regulatory Approval

RNFI received RBI no-objection to acquire control of Smart Payment Solutions Private Limited. Remaining tranches may proceed, but no transaction value is disclosed.

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