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This penny stock joins hands with Rajasthan Financial Services for digital lending initiative; do you own it?

Mega Corporation Limited partners with Rajasthan Financial Services Delivery Limited to provide digital salary and pension loans to government employees through a compliant technology-driven lending platform.
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Introduction

Leading NBFC partners with a government-backed entity to provide digital salary and pension loans to employees and pensioners through a secure, compliant, technology-driven lending platform.

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Share price movement of Mega Corporation

On January 21, 2026, Mega Corporation Ltd opened at ₹2.29, up 0.44% from its previous close of ₹2.28. The stock reached a high of ₹2.29 (0.44%) and a low of ₹2.21. By 11:02 AM, it traded at ₹2.26, down 0.88%, with a market cap of ₹45.20 crore.

Mega Corp Partners with RFSDL

Mega Corporation Limited has entered a strategic digital lending partnership with Rajasthan Financial Services Delivery Limited (RFSDL), a Government of Rajasthan undertaking, to provide Earned Salary Access and Earned Pension Access.

Under the agreement, Mega will act as a regulated NBFC, offering short- and medium-term loans to eligible government employees and pensioners through a technology-driven digital platform with automated repayment.

The partnership aims to provide scalable, compliant digital credit solutions. Lending will follow RBI Digital Lending Guidelines, applicable laws, and data-protection standards, enhancing Mega’s digital lending vertical and government-backed borrower access.

Stock performance of Mega Corporation for Period of 1 week, 6 months, and 1 year

Mega Corporation Ltd declined 0.87% over the past week, fell 13.6% in the last six months, and dropped 20.3% over the past one year.

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Shareholding pattern of Mega Corporation

ParticularsDec 2025Sep 2025Jun 2025
Promoter66.80%67%66.80%
FII0.00%0.00%0.00%
DII0%0%0%
Public33.20%33.20%33.20%

About Mega Corporation

Mega Corporation Ltd (BSE: 531417), incorporated in 1985, is an NBFC providing financing services in urban and rural areas as a non-deposit taking financial company.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

FAQs

Q: Why is Mega Corporation Ltd share price in focus today?

A: Mega Corporation Ltd partners with RFSDL to provide digital salary and pension loans to government employees through a compliant technology platform.

Q: What is Mega Corporation Ltd’s main business focus?

A: Mega Corporation Ltd is an NBFC providing short- and medium-term financing services in urban and rural areas across India.

Q: What is the 52-week high and low of Mega Corporation Ltd stock?

A: Mega Corporation Ltd stock recorded a 52-week high of ₹3.46 and a 52-week low of ₹1.60 on exchanges.

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