StockWatch
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Diversified Commercial Services
Management Change12 Aug 2026, 07:23 pm

Rapid Investments Re-appoints Nina Ranka as MD for 5 Years

AI Summary

Rapid Investments Ltd announced the re-appointment of Mrs. Nina Ranka as Managing Director for a further term of five years, effective August 13, 2026, subject to member approval. The Board of Directors also approved the unaudited standalone financial results for the quarter ended June 30, 2026, along with the limited review report. Other key decisions included recommending the re-appointment of Mr. Kanishk Ranka as Director, re-appointing M/s. NNK & Co. as Statutory Auditors for four years, and appointing Mr. Arun Jain as an Additional Director in the Independent category. The company also fixed the date for its 48th Annual General Meeting on September 22, 2026.

Key Highlights

  • Mrs. Nina Ranka re-appointed as MD for 5 years from August 13, 2026.
  • Unaudited standalone financial results for Q1 FY27 approved.
  • Mr. Kanishk Ranka recommended for re-appointment as Director.
  • M/s. NNK & Co. re-appointed as Statutory Auditors for 4 years.
  • Mr. Arun Jain appointed as Additional Independent Director.