RELIABLE VENTURES INDIA LTD.

Rarever Financial Advisors Pvt Ltd, acting as the Manager to the Offer, has submitted a Draft Letter of Offer to BSE for an open offer by Mr. Chennupati Sarath Kumar, Mr. Vasireddy Sivanag, and Ancla Technology Solutions India Private Limited. The acquirers propose to acquire up to 28,63,354 equity shares, representing 26.00% of the voting capital of Reliable Ventures India Ltd, at a price of ₹21 per share. This open offer is being made pursuant to SEBI (SAST) Regulations, 2011, and is not conditional on a minimum acceptance level. No competing offer has been announced, and no statutory approvals are currently required for the transaction.

Rarever Financial Advisors Pvt Ltd, on behalf of acquirers Mr. Chennupati Sarath Kumar, Mr. Vasireddy Sivanag, and Ancla Technology Solutions India Private Limited, has announced an open offer to acquire up to 28,63,354 equity shares, representing 26% of the total paid-up equity shares of Reliable Ventures India Ltd. The offer price is ₹21 per equity share, payable in cash. This open offer is a mandatory offer triggered by the acquirers' agreement to purchase 59,55,815 equity shares (54.08% stake) from the existing promoters at ₹21 per share, for a total consideration of ₹12,50,72,115. Upon completion of the acquisition and the open offer, the acquirers will gain control of the company and become its promoters. The total consideration for the open offer, assuming full acceptance, will be ₹6,01,30,434. The company will need to ensure compliance with the minimum public shareholding requirement of 25% post-offer.

Reliable Ventures India Ltd has announced its financial results for the quarter and 12 months ended March 31, 2026. The results were approved by the audit committee and Board of Directors in their meeting held on May 26, 2026. The board also authorized Mr. Gopinath Panchena to present the financial statements to the stock exchange.

Reliable Ventures India Ltd has scheduled a Board of Directors meeting on May 26, 2026, at 4:30 P.M. The meeting will consider and approve the standalone financial results of the company for the quarter and 12 months ended March 31, 2026. The Audit Committee will also meet prior to the Board meeting to review the financial results.

Reliable Ventures India Ltd. has reported its financial results for the quarter ended 31-12-2025. The results were reviewed by the Audit Committee and approved by the Board of Directors in their meeting held on 12th February, 2026. The company reported a Profit/Loss for the period from continuing operations of INR 67.35 million, INR 47.11 million, and INR 68.08 million for the quarter, nine months, and year ended 31-12-2025 respectively.

Reliable Ventures India Ltd has informed the BSE that their Board of Directors will meet on the 12th of February, 2026, at 4:30 PM to consider and approve the standalone unaudited financial results for the quarter ended on 31st December 2025. The Audit Committee will meet prior to the aforesaid Meeting to discuss and review the quarterly financial results.

Reliable Ventures India Ltd. has approved the un-audited financial results for the quarter and half-year ended 30-9-2025. The meeting was held on November 13, 2025, and the results were approved by the Audit Committee and the Board of Directors. The company has not recommended a dividend for the period. The financial results have been prepared in accordance with Ind AS 34 and other accounting principles generally accepted in India.

Reliable Ventures India Ltd has announced a Board meeting on November 13, 2025, to consider and approve the financial results for the quarter and six months ended 30th September 2025. The Audit Committee of the company will also meet on the same day prior to the Board meeting to discuss and review the financial results.

Reliable Ventures India Ltd held its 32nd Annual General Meeting (AGM) on September 30, 2025, through video conferencing. The meeting was conducted with the presence of 26 members holding a total of 4614983 equity shares. The Chairman, Mr. Panchena Gopinath, delivered a formal address updating the members on the business scenario, operational and financial performance, and corporate and social responsibility. The meeting transacted the business as contained in the notice convening the meeting. The resolutions were put to vote through e-voting, and both were passed unanimously. The scrutinizer, Mrs. Neeta Desai, submitted the consolidated Scrutinizer Report, and the results were announced not later than 48 hours of the conclusion of the AGM.

Reliable Ventures India Ltd has submitted its unaudited financial results for the quarter ended June 2025. However, the results are not signed by the chairperson, managing director, or any whole-time director, which is a discrepancy noted by the stock exchange. The company is requested to confirm compliance with Regulation 33(2)(b). The Board of Directors has authorized the Company Secretary to bring the Financial Results on the record of the Bombay Stock Exchange Ltd.