RFL International Ltd


BSE: 531646 | NSE: NA | ISIN: INE701D01035 
Market Cap: [Rs.Cr.] 1 | Face Value: [Rs.] 10
Industry: Finance & Investments

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Board Meet

13-Feb-13 
Quarterly Results 
14-Aug-12 
Quarterly Results 
29-Sep-11 
RFL International Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on September 29, 2011, inter alia, to transact the following : 1. To consider allotment of not more than 80,00,000 (Eighty Lakh) equity shares on preferential basis subject to approval of shareholders of the company & in principle approval from Stock Exchange. 2. To consider increase in authorized capital. RFL International Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 29, 2011, inter alia, has approved the following; 1. Board has approved the allotment of 80,00,000 equity shares to non-promoter subject to approval of members of the Company and in principle approval from Stock Exchange. 2. Board has approved to increase authorized capital from Rs. 5,50,00,000 to Rs. 13,50,00,000 subject to approval of members of the Company. 3. The Board has approved draft notice of extra ordinary general meeting to be held on October 28, 2011 for passing the above mentioned resolution. (As Per BSE Announcement Website dated on 30.09.2011) 
07-Jul-11 
RFL International Ltd has informed BSE that a meeting of the Board of Directors of the Company will be held on July 07, 2011, inter alia, to consider the following : 1. To consider allotment of not more 80,00,000 (Eighty Lakh ) equity shares on preferential basis subject to approval of shareholders of the company & in principle approval from Stock Exchange. 2. To consider increase in authorized capital RFL International Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 07, 2011, inter alia, has transacted the following: 1. Board has approved the allotment of 7000000 equity shares to non promoter subject to approval of members of the Company and in principle approval from Stock Exchange. 2. Board has approved to increase authorized capital from Rs. 55000000 to Rs. 125000000 subject to approval of members of the Company. 3. The Board has approved draft notice of extra ordinary general meeting to be held on August 02, 2011 for passing the above mentioned resolution. (As Per BSE Announcement Website dated on 11.07.2011) 
10-Oct-09 
RFL International Ltd has informed BSE that the Company has received a Letter Dated October 03, 2009 from Mr. Jigen R. Vora the Present Promoter / Director of the Company (RFL International Ltd) stating that he is at present holding total 6,55,275 Equity shares of Rs. 2/- (Face Value) each Aggregating to Rs. 13,10,550/- representing 2.58% of the total Equity share capital of the Company. That he has on October 01, 2009 entered in to an MOU with M/s. Earth Exim Ltd. (EEL) for sell / Transfer of his entire shareholding of 6,55,275 Equity shares in RFL International Ltd, to EEL @ Rs. 1.40 per share for a total consideration amount of Rs. 9,17,385/-. The transfer of shares will take on off market basis in Demat mode of delivery. The entire process of payment of consideration amount by Earth Exim Ltd. and Delivery of shares in Demat mode on off market basis in Demat account of M/s. Earth Exim Ltd. will be executed and completed only if the Board of Directors of the RFL International Ltd and / or its Shareholders approves sell and transfer of his shareholding as proposed in the MOU. As Mr. Jigen R. Vora is a Promoter / Director of the Company (RFL International Ltd), and as per MOU, it is also proposed to transfer the substantial powers of Management and Administration of the business and affairs of the Company (RFL International Ltd) to M/s. Earth Exim Ltd. or any of its Nominated Directors to be appointed on the Board of RFL International Ltd. The Board of Directors of the Company has now proposed to pass necessary Resolution in meetings of shareholders / or to pass the Resolution by Postal ballot system as per requirements of Regulation 12 of the SEBI (Substantial Acquisition of Shares and takeover) Regulations 1998 (as amended up to date). For the purpose, a meeting of the Board of Directors is convened on urgent basis on October 10, 2009 to decide the mode of passing the resolution, to approve the draft of the Resolution and other incidental matters. 

AGM

28-Sep-12
AGM 28.09.2012 
30-Sep-11
AGM 30/09/2011 
30-Sep-10
AGM 30/09/2010 
30-Sep-09
AGM 30/09/2009 

EGM

28-Oct-11
RFL International Ltd has informed BSE that the Board of Directors of the Company at its meeting held on September 29, 2011, inter alia, has approved the following; 1. Board has approved the allotment of 80,00,000 equity shares to non-promoter subject to approval of members of the Company and in principle approval from Stock Exchange. 2. Board has approved to increase authorized capital from Rs. 5,50,00,000 to Rs. 13,50,00,000 subject to approval of members of the Company. 3. The Board has approved draft notice of extra ordinary general meeting to be held on October 28, 2011 for passing the above mentioned resolution. 
02-Aug-11
RFL International Ltd has informed BSE that the Board of Directors of the Company at its meeting held on July 07, 2011, inter alia, has transacted the following: 1. Board has approved the allotment of 7000000 equity shares to non promoter subject to approval of members of the Company and in principle approval from Stock Exchange. 2. Board has approved to increase authorized capital from Rs. 55000000 to Rs. 125000000 subject to approval of members of the Company. 3. The Board has approved draft notice of extra ordinary general meeting to be held on August 02, 2011 for passing the above mentioned resolution. 
29-Oct-09
RFL International Ltd has informed BSE that an Extra Ordinary General Meeting (EGM) of the members of the Company will be held on October 29, 2009, inter alia, to consolidated 5 equity shares of Rs 2/- each into 1 equity share of Rs 10/- each and thus each of the 2,75,00,000 equity shares of the nominal value of Rs 2/- each in the authorised share capital of the Company be consolidated into 55,00,000 equity shares of Rs 10/- each and the issued and paid up capital be altered accordingly & consequential amendment in the Memorandum & Articles of Association of the Company. RFL International Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on October 29, 2009, inter alia, have passed the resolution for consolidation of 5 equity shares of Rs. 2/- each into 1 equity share of Rs. 10/- each and thus each of the 2,75,00,000 equity shares of the nominal value of Rs. 2/- each in the authorised share capital of the Company be consolidated into 55,00,000 equity shares of Rs. 10/- each and the issued and paid up capital be altered accordingly AND Clause V (being Capital Clause) of the Memorandum of Association of the Company relating to equity shares be altered accordingly, subject to necessary provisions and approvals. (As Per BSE Announcement Dated on 03/11/2009) RFL International Ltd has informed BSE that the Company had obtained shareholder's consent for consolidation of shares from Rs. 2/- to Rs. 10/- in the Extra Ordinary General Meeting held on January 30, 2009. However, the Company did not carry out the requisite formalities after that. Nevertheless, the Company has re-started the consolidation process by obtaining the consent afresh in the Extra Ordinary General Meeting held on October 29, 2009. (As Per BSE Announcement Website dated on 11.12.2009) 
30-Jan-09
RFL International Ltd has informed BSE that the Board of Directors of the Company at its meeting held on December 15, 2008, has approved the following: 1. Consolidation of 5 Equity shares of the face value of Rs 2/- each in the Share Capital of the Company into 1 Equity shares of the face value of Rs 10/- each, subject to the approval of shareholder of the Company. 2. Convening of an Extra-Ordinary General Meeting on January 30, 2009 to consider the above item. RFL International Ltd has informed BSE that the Extra Ordinary General Meeting (EGM) of the Company will be held on January 30, 2009, inter alia, to consolidate 5 (Five) Equity Shares each of the face value of Rs 2/- (Rupees Two only) each in the Share Capital of the Company presently issued, subscribed and fully paid up into 1 (One) Equity Share of the face value of Rs 10/- (Rupees Ten only) each credited as fully paid-up with immediate effect. (As Per BSE Announcement Website dated on 06.01.2009) RFL International Ltd has informed BSE that the members at the Extra Ordinary General Meeting (EGM) of the Company held on January 30, 2009, inter alia, have passed the following resolutions: - For Consolidation of every 10 (Ten) Equity shares of the face value of Rs 2/- (Rupees Two Only) each in the Share Capital of the Company into 1 (One) Equity share of the face value of Rs 10/- (Rupees Ten Only) each. (As Per BSE Announcement Website dated on 31.01.2009) With reference to the earlier announcement dated January 31, 2009, regarding approval of the shareholder to the consolidation of shares, RFL International Ltd has now informed BSE that in the said announcement, the Company had accidentally mentioned Consolidation of every 10 (Ten) Equity shares of the face value of Rs 2/- (Rupees Two Only) each in the Share Capital of the Company into 1 (One) Equity share of the face value of Rs 10/- (Rupees Ten Only) each which should actually be read as follows: "Consolidation of every 5 (Five) Equity shares of the face value of Rs 2/- (Rupees Two Only) each in the Share Capital of the Company into 1 (One) Equity share of the face value of Rs 10/- {Rupees Ten Only) each". (As Per BSE Announcement Website dated on 02.02.2009) 

Peer Comparison

Company Market Cap
(Rs. in Cr.)
P/E (TTM)
(x)
P/BV (TTM)
(x)
EV/EBIDTA
(x)
ROE
(%)
ROCE
(%)
D/E
(x)
I D F C 23,373.36 13.24 1.74 11.65 13.9 10.6 3.56
Shriram Trans. 17,818.72 13.10 2.48 6.93 23.1 14.5 3.95
M & M Financial 13,809.25 16.01 3.10 9.49 22.8 13.6 4.34
L&T Fin.Holdings 13,365.60 119.77 3.79 80.10 2.8 3.8 0.07
Bajaj Finserv 10,651.24 156.38 4.42 80.93 5.4 7.6 0.00
Vatsa Corpn 10,250.98 0.00 1.35 0.00 0.0 0.0 0.00
Reliance Capital 8,288.78 12.52 0.72 10.23 5.7 9.7 2.06
Bajaj Fin. 7,085.69 11.98 2.10 9.86 24.0 13.3 4.99
Sundaram Finance 6,171.05 14.76 3.45 7.51 21.4 13.1 5.32
Shri.City Union. 6,100.36 13.57 2.76 8.04 23.3 14.1 5.75
KSK Electricity 5,418.99 3,168.33 9.36 0.00 0.3 0.4 0.00
Muthoot Finance 5,319.17 5.30 1.42 6.23 41.9 20.6 7.35
India Securities 4,926.38 0.00 57.40 0.00 0.0 0.0 1.78
DSP Merrill Lyn 4,689.56 24.85 2.36 0.00 10.4 14.2 0.00
Religare Enterp. 4,327.37 63.94 1.48 0.00 0.0 0.0 0.00

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Key Information

Key Executives:

Anish Shah , Chairman  

Narendra Shah , Director  

Jitendra Patel , Director  

Dolly Shah , Director  


Company Head Office / Quarters:
304 Akruti Complex,
Nr Stadium 6 Rd Cir Navragpura,
Ahmedabad,
Gujarat-380009
Phone :
Fax :
E-mail :
Web : http://
Registrars:
Purva Sharegistry (I) Pvt Ltd
9 ShivShakti Indl Es
J R Boricha Marg
Lower Parel
Mumbai - 400 011

Fund Holding

 
Scheme Name No. of Shares
No data found

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