Rita Finance and Leasing Limited submitted a clarification to BSE Limited and the Metropolitan Stock Exchange of India Limited regarding a delay in disclosing a material event under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
The company received an Administrative Warning Letter from SEBI via email on May 25, 2026. The letter itself was dated May 22, 2026.
Upon receipt, the company conducted an internal review and processed the matter for disclosure compliance. The requisite disclosure was subsequently filed with the stock exchanges on May 27, 2026.
The company stated that the delay was neither intentional nor due to any mala fide reason. It was attributed to the time required for the internal review and processing of the SEBI communication.
Rita Finance and Leasing Limited affirmed its commitment to timely regulatory compliance and stated it would exercise greater care to prevent such instances in the future.
The communication was signed by Sandip Patel, Director (DIN: 10849576), on behalf of the company.