Radiant Cash Management Recommends Auditor Re-appointment
Radiant Cash Management Services Ltd's Board of Directors has recommended the re-appointment of M/s. ASA & Associates LLP as Statutory Auditors for a second term of five years, from the conclusion of the 21st AGM until the 26th AGM in 2031. This recommendation is subject to shareholder approval at the upcoming AGM. The Board also approved the un-audited standalone and consolidated financial results for the quarter ended June 30, 2026, which received an unmodified limited review report from the statutory auditors. Additionally, the Board proposed enhanced limits for loans and corporate guarantees to a subsidiary, Aceware, subject to shareholder approval.
Key Highlights
- Auditor ASA & Associates LLP recommended for re-appointment for a second 5-year term.
- Shareholder approval is required for the auditor's re-appointment at the upcoming AGM.
- Unaudited Q1 FY27 financial results approved with an unmodified auditor's report.
- Revised loan and corporate guarantee limits for subsidiary Aceware proposed.
- Proposed limits for subsidiary Aceware require shareholder approval.
Price Impact
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