Quarterly Result29 May 2026, 02:22 am
RAMINFO Board approves FY26 results, appoints CS, plans property sale
AI Summary
RAMINFO LIMITED's Board of Directors, at its meeting on May 28, 2026, approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, with an unmodified auditor's opinion. The Board also approved the appointment of Mr. Srikanth Palem as the Company Secretary and Compliance Officer, effective May 28, 2026. Additionally, the company decided to dispose of an underperforming office space measuring 6876.46 square feet in Hyderabad to unlock capital and reinvest the proceeds into higher-yielding, revenue-generating assets to maximize shareholder value.
Key Highlights
- Board approved audited Q4 and FY26 financial results with unmodified opinion.
- Mr. Srikanth Palem appointed as Company Secretary and Compliance Officer.
- Disposal of 6876.46 sq ft underperforming office space in Hyderabad approved.
- Proceeds from property sale to be reinvested in higher-yielding assets.
Price Impact
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