Radiant Cash Management Approves Q1 FY27 Results and Re-appoints Auditors
Radiant Cash Management approved Q1 FY27 results. The Board recommended re-appointing M/s. ASA & Associates LLP as Statutory Auditors for five years. Limits for loans to subsidiary Aceware were enhanced to ₹300 million and corporate guarantees to ₹400 million, pending shareholder approval.
The re-appointment of auditors and enhancement of loan/guarantee limits for a subsidiary are material corporate actions that could impact future operations and financial commitments.
The announcement includes routine financial results and auditor re-appointment, with no significant positive or negative developments.
Radiant Cash Management Services Limited announced the outcome of its Board of Directors meeting held on August 12, 2026. The Board approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026.
Additionally, based on the recommendation of the Audit Committee, the Board recommended the re-appointment of M/s. ASA & Associates LLP, Chartered Accountants, as the Statutory Auditors for a second term of five consecutive years, from the conclusion of the 21st Annual General Meeting (AGM) until the conclusion of the 26th AGM, subject to shareholder approval.
The Board also approved, subject to shareholder approval at the upcoming AGM, revised limits for providing loans to its subsidiary, Aceware, aggregating up to ₹300 million outstanding at any point, and for issuing corporate guarantees to Banks/FIs in favour of Aceware, aggregating up to ₹400 million outstanding at any point.
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Radiant Cash Management Services Limited filed this with the NSE as a statutory disclosure, categorised under quarterly results. It is a primary document, not a recommendation, and the desk marks it medium impact: worth reading, rarely worth acting on by itself.
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