
Board Meeting29 May 2026, 02:04 am
Board Approves Q4 FY26 Results, Appoints CS, and Plans Property Sale
AI Summary
RAMINFO LIMITED's Board of Directors met on May 28, 2026, to approve 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 new Company Secretary and Compliance Officer, effective May 28, 2026. Additionally, the Board sanctioned the disposal of an underperforming office space measuring 6876.46 sq ft in Hyderabad to unlock capital and reinvest in higher-yielding assets, aiming to maximize shareholder value.
Key Highlights
- Approved audited Q4 and FY26 standalone and consolidated financial results.
- Appointed Mr. Srikanth Palem as Company Secretary and Compliance Officer.
- Approved disposal of an underperforming 6876.46 sq ft office space in Hyderabad.
- Proceeds from property sale to be reinvested in higher-yielding assets.
Price Impact
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