Radiant Cash Management Services logo

Radiant Cash Management Services MD, chairman, board of directors and AGM

NSE: RADIANTCMSBSE: 543732Commercial Services & SuppliesSmall Cap

Last close ₹32.09up ₹0.35 (1.10%)BSE ₹31.62

Share price at the NSE close on 23 Oct 2026. Previous close ₹31.74.

52-week range of traded prices to 23 Oct 2026
₹31.10Low, 22 Oct 2026₹55.50High, 23 Oct 2025
Market cap
₹342 Cr1,909th largest listed
P/E
10.9
P/B
1.2
Dividend yield
7.79%
ROE
11.4%
ROCE
7.3%
Debt to equity
0.67
Volume, NSE
93,74057.7% delivered

Radiant Cash Management Services board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorCol. David DevasahayamRelated to the promoter
  • Company Secretary and Compliance OfficerNithin Tom

6 directors3 independent3 executive

  • Col. David Devasahayam · Chairperson and managing directorExecutive · joined Mar 2005 · reappointed Oct 2023 · 1 listed board · 2 committee seats
  • Dr Renuka DavidExecutive · joined Mar 2005 · reappointed Oct 2023 · 1 listed board
  • Alexander DavidExecutive · joined May 2025 · 1 listed board
  • JayanthiIndependent · joined Sep 2021 · reappointed Sep 2024 · 57 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Lt. Gen. Devraj AnbuIndependent · joined Sep 2021 · reappointed Sep 2024 · 57 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Ashok Kumar SarangiIndependent · joined Sep 2021 · reappointed Sep 2024 · 57 months as independent · 1 listed board · 1 as independent · 1 committee seat

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

1 director who left
  • Ayyavu Palanichamy Vasanthakumar, left 25 Apr 2025: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 29 May 20266 of 6 present3 independent · 106 days in between
    • 11 Feb 20266 of 6 present3 independent

  • Audit Committee

    Chair Jayanthi

    Lt. Gen. Devraj Anbu, Col. David Devasahayam, Ashok Kumar Sarangi

    • 29 May 20264 of 4 present3 independent · 43 days in between
    • 15 Apr 20264 of 4 present3 independent · 62 days in between
    • 11 Feb 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair Ashok Kumar Sarangi

    Jayanthi, Lt. Gen. Devraj Anbu

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair Lt. Gen. Devraj Anbu

    Jayanthi, Col. David Devasahayam

    No meeting listed in the filing.

  • Risk Management Committee

    Chair Col. David Devasahayam

    Ashok Kumar Sarangi, Col Benz K Jacob

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair Lt. Gen. Devraj Anbu

    Dr Renuka David, Ashok Kumar Sarangi

    • 29 May 20263 of 3 present2 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Jun 2026.

  • ASA & ASSOCIATES, LLP CHARTERED ACCOUNTANTSPeer-review certificate valid to Mar 2029
1 earlier auditor
  • ASA & Associates LLPNamed in filings from Mar 2025 to Dec 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Radiant Cash Management Services AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Radiant Cash Management Services dividend history

Annual general meeting, 16 Sep 2026

47,799 shareholders on the register on 10 Sep 2026; present: 4 promoters and 48 others; votes counted by S Sandeep / S Sandeep & Associates, Practising Company Secretaries.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone Financial Statements together with the Reports of the Board of Directors and the Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 60.65% · promoters 100.00% · institutions 98.09% · other public 6.26%

  2. Adoption of Audited Consolidated Financial Statements together with the Report of the Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 60.65% · promoters 100.00% · institutions 98.09% · other public 6.26%

  3. Declaration of Dividend
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 60.65% · promoters 100.00% · institutions 98.09% · other public 6.26%

  4. Re-appointment of Mr. Alexander David (DIN: 08259288) as a Director, who is liable to retire by rotation
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 60.65% · promoters 100.00% · institutions 98.09% · other public 6.26%

  5. Re-appointment of Ms. ASA and Associates LLP, Chartered Accountants, Chennai as Statutory Auditors of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.03%

    Turnout: all 60.65% · promoters 100.00% · institutions 98.09% · other public 6.26%

  6. Authorisation to the Board of Directors to advance loan(s) to Aceware Fintech Services Private Limited under section 185 of the Companies Act, 2013
    SpecialPromoters have an interest in it
    99.72% for0.28% against

    Against: promoters 0.00% · institutions 15.38% · other public 0.21%

    Turnout: all 60.65% · promoters 100.00% · institutions 98.09% · other public 6.25%

  7. Approval of material modification of earlier approved material related party transactions with Aceware Fintech Services Private Limited
    OrdinaryPromoters have an interest in it
    95.26% for4.74% against

    Against: promoters 0.00% · institutions 15.38% · other public 0.35%

    Turnout: all 3.70% · promoters 0.00% · institutions 98.09% · other public 6.25%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 27 Mar 2026, 1 resolution

48,138 shareholders on the register on 20 Feb 2026; votes counted by S Sandeep / S Sandeep & Associates, Practising Company Secretaries.The company's voting result (opens in a new tab)

  1. To approve the Material Related Party Transaction(s) to be entered into with Radiant Protection Force Private Limited (RPF)
    OrdinaryPromoters have an interest in it
    80.89% for19.11% against

    Against: promoters 0.00% · institutions 85.07% · other public 0.07%

    Turnout: all 4.97% · promoters 0.00% · institutions 95.93% · other public 9.20%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 8 Dec 2025, 1 resolution

49,642 shareholders on the register on 3 Nov 2025; votes counted by S Sandeep / S Sandeep & Associates, Practising Company Secretaries.The company's voting result (opens in a new tab)

  1. TO ALTER THE OBJECTS CLAUSE OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANY.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.99%

    Turnout: all 58.08% · promoters 100.00% · institutions 97.25% · other public 0.11%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 9 Sep 2025, 5 resolutions

50,032 shareholders on the register on 2 Sep 2025; present: 4 promoters and 53 others; votes counted by S Sandeep / S Sandeep & Associates, Practising Company Secretaries.The company's voting result (opens in a new tab)

  1. Adoption of Audited Standalone Financial Statements together with the Reports of the Board of Directors and the Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 58.06% · promoters 100.00% · institutions 100.00% · other public 0.06%

  2. Adoption of Audited Consolidated Financial Statements together with the Reports of the Auditors thereon.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 58.06% · promoters 100.00% · institutions 100.00% · other public 0.06%

  3. Declaration of Dividend
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 58.06% · promoters 100.00% · institutions 100.00% · other public 0.06%

  4. Re-appointment of Dr. Renuka David (DIN: 02190575) as Director, who is liable to retire by rotation
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.60%

    Turnout: all 58.06% · promoters 100.00% · institutions 100.00% · other public 0.06%

  5. Appointment of Ms S Sandeep and Associates, Practising Company Secretaries as Secretarial Auditors for a term of Five (5) consecutive years from FY 2025-26.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.55%

    Turnout: all 58.06% · promoters 100.00% · institutions 100.00% · other public 0.06%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 27 Jun 2025, 7 resolutions

48,813 shareholders on the register on 23 May 2025; votes counted by S Sandeep / S Sandeep & Associates, Practising Company Secretaries.The company's voting result (opens in a new tab)

  1. APPROVAL FOR INCREASE IN OVERALL BORROWING LIMITS OF THE COMPANY AS PER SECTION 180 (1) (c) OF THE COMPANIES ACT, 2013
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.54%

    Turnout: all 64.89% · promoters 100.00% · institutions 91.46% · other public 6.63%

  2. APPROVAL FOR INCREASE IN LIMITS UNDER SECTON 180 (1) (a) OF THE COMPANIES ACT, 2013 FOR SECURITIZATION/ DIRECT ASSIGNMENT AND CREATING CHARGE ON THE ASSETS OF THE COMPANY.
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.52%

    Turnout: all 64.89% · promoters 100.00% · institutions 91.46% · other public 6.63%

  3. APPOINTMENT OF MR. ALEXANDER DAVID (DIN: 08259288) AS DIRECTOR OF THE COMPANY
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.21%

    Turnout: all 64.89% · promoters 100.00% · institutions 91.46% · other public 6.63%

  4. APPOINTMENT OF MR. ALEXANDER DAVID (DIN: 08259288) AS A WHOLE TIME DIRECTOR FOR A TERM OF 5 YEARS COMMENCING FROM MAY 23, 2025 TO MAY 22, 2030 AND PAYMENT OF REMUNERATION
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.27%

    Turnout: all 64.89% · promoters 100.00% · institutions 91.46% · other public 6.63%

  5. ALTERATION OF THE ARTICLES OF ASSOCIATION OF THE COMPANY
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.44%

    Turnout: all 64.89% · promoters 100.00% · institutions 91.46% · other public 6.63%

  6. AUTHORISATION TO THE BOARD OF DIRECTORS TO ADVANCE ANY LOAN UNDER SECTION 185 OF THE COMPANIES ACT, 2013
    SpecialPromoters have an interest in it
    99.72% for0.28% against

    Against: promoters 0.00% · institutions 3.02% · other public 0.61%

    Turnout: all 64.89% · promoters 100.00% · institutions 91.46% · other public 6.63%

  7. TO APPROVE THE MATERIAL RELATED PARTY TRANSACTION(S) TO BE ENTERED INTO WITH ACEWARE FINTECH SERVICES PRIVATE LIMITED FOR FY 2025-26 TO FY 2026-27
    OrdinaryPromoters have an interest in it
    97.76% for2.24% against

    Against: promoters 0.00% · institutions 3.02% · other public 0.51%

    Turnout: all 7.97% · promoters 0.00% · institutions 91.46% · other public 6.63%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 5 Sep 2024, 10 resolutions

Present: 4 promoters and 55 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Standalone Financial Statements of the Company for the financial year ended 31 March 2024, and the reports of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 73.02% · promoters 100.00% · institutions 94.67% · other public 7.83%

  2. Adoption of Audited Consolidated Financial Statements for the financial year ended 31st March 2024, and the report of the Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 73.02% · promoters 100.00% · institutions 94.67% · other public 7.83%

  3. Declaration of a final dividend of Rs.2.50/- per equity share of face value of Rs.1/- each, for the financial year ended 31st March 2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 73.02% · promoters 100.00% · institutions 94.67% · other public 7.83%

  4. Re-appointment of Mr. Ayyavu Palanichamy Vasanthakumar (DIN: 02069470) as a director who is liable to retire by rotation
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 73.02% · promoters 100.00% · institutions 94.67% · other public 7.83%

  5. Re-appointment of Ms. Jayanthi (DIN: 09295572), who has attained the age of 75 years as an Independent Director
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.79%

    Turnout: all 73.02% · promoters 100.00% · institutions 94.67% · other public 7.83%

  6. Re-appointment of Ms. Jayanthi as an Independent Director
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.79%

    Turnout: all 73.02% · promoters 100.00% · institutions 94.67% · other public 7.83%

  7. Re-appointment of Lt. Gen. Devraj Anbu as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 73.02% · promoters 100.00% · institutions 94.67% · other public 7.83%

  8. Re-appointment of Mr Ashok Kumar Sarangi as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 73.02% · promoters 100.00% · institutions 94.67% · other public 7.83%

  9. Authorization to the Board of Directors to advance any loan, give any guarantee or to provide any security under section 185 of the Companies Act, 2013
    SpecialPromoters have an interest in it
    94.50% for5.50% against

    Against: promoters 0.00% · institutions 6.26% · other public 0.79%

    Turnout: all 16.10% · promoters 0.00% · institutions 94.67% · other public 7.83%

  10. To consider and approve related party transactions with Radiant Protection Force Private Limited
    OrdinaryPromoters have an interest in it
    84.58% for15.42% against

    Against: promoters 0.00% · institutions 25.46% · other public 0.01%

    Turnout: all 5.64% · promoters 0.00% · institutions 23.27% · other public 7.83%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 30 Jun 2024, 2 resolutions

The company's voting result (opens in a new tab)

  1. Increase in borrowing limits from Rs 75 crores to Rs 150 crores or the aggregate of the paid up capital, free reserves and securities premium of the Company, whichever is higher.
    Special
    98.10% for1.90% against

    Against: promoters 0.00% · institutions 7.58% · other public 13.98%

    Turnout: all 75.76% · promoters 100.00% · institutions 99.97% · other public 0.46%

  2. Creation of charge on the movable and immovable properties of the Company, both present and future, in respect of borrowings up to Rs 150 crores or the aggregate of the paid up capital, free reserves and securities premium of the company, whichever is higher.MoreLess
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 12.65%

    Turnout: all 75.76% · promoters 100.00% · institutions 99.97% · other public 0.46%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 11 Sep 2023, 5 resolutions

Present: 3 promoters and 51 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Financial Statements of the Company for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and the Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.85%

    Turnout: all 74.38% · promoters 100.00% · institutions 80.70% · other public 0.07%

  2. To confirm the payment of Interim Dividend of Rs.1/- per equity share and to declare a Final Dividend of Rs.2/- per equity share for the financial year ended March 31, 2023
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.78%

    Turnout: all 74.56% · promoters 100.00% · institutions 81.53% · other public 0.07%

  3. Appointment of Dr Renuka David, who retires by rotation and being eligible, offers herself for re-appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 9.13%

    Turnout: all 74.56% · promoters 100.00% · institutions 81.53% · other public 0.07%

  4. Re-appointment of Col. David Devasahayam as Managing Director of the Company for a period of 5 years
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.40%

    Turnout: all 74.56% · promoters 100.00% · institutions 81.53% · other public 0.07%

  5. Re-appointment of Dr. Renuka David as Whole-time Director of the Company for a period of 5 years
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 16.67%

    Turnout: all 74.56% · promoters 100.00% · institutions 81.53% · other public 0.07%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 27 Mar 2026, 1 fund house

  • To approve the Material Related Party Transaction(s) to be entered into with Radiant Protection Force Private Limited (RPF)
    Against UTI Mutual Fund
    • UTI Mutual FundThe company proposes to enter into transactions with RPFPL, a promoter-owned entity, for availing security services, leasing, and fleet management services on a contractual basis. These transactions are in the ordinary course of business. Additionally, RPFPL pays rent to RCMS for occupying a portion of the office premises. Shareholders’ approval is being sought for a period of three years starting FY27, with caps assigned on each individual transaction. The transactions will be at cost plus fixed markup, based on the report of an independent Chartered Accountancy firm: it is unclear how this qualifies as an arm’s length transaction. We believe that business adjacencies should not be housed within promoter-controlled entities. In FY23, a similar approval was sought, and given the criticality of these services, we supported the resolution for three years, with the understanding that the company would use this time to realign its corporate structure. However, despite the passage of time, the company has not unwound these legacy arrangements. While we understand that these transactions are critical to the company’s operations, we believe that the business must be owned by the listed entity. As the company continues to retain business adjacencies within promoter-owned entities, we do not support the resolution.
    0 for1 against

Mutual fund votes, meeting of 8 Dec 2025, 1 fund house

  • TO ALTER THE OBJECTS CLAUSE OF THE MEMORANDUM OF ASSOCIATION OF THE COMPANY.
    1 for0 against
5 earlier meetings

Mutual fund votes, meeting of 9 Sep 2025, 1 fund house

  • Adoption of Audited Standalone Financial Statements together with the Reports of the Board of Directors and the Auditors thereon.
    1 for0 against
  • Adoption of Audited Consolidated Financial Statements together with the Reports of the Auditors thereon.
    1 for0 against
  • Declaration of Dividend
    1 for0 against
  • Re-appointment of Dr. Renuka David (DIN: 02190575) as Director, who is liable to retire by rotation
    1 for0 against
  • Appointment of Ms S Sandeep and Associates, Practising Company Secretaries as Secretarial Auditors for a term of Five (5) consecutive years from FY 2025-26.
    1 for0 against

Mutual fund votes, meeting of 27 Jun 2025, 2 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • APPROVAL FOR INCREASE IN LIMITS UNDER SECTON 180 (1) (a) OF THE COMPANIES ACT, 2013 FOR SECURITIZATION/ DIRECT ASSIGNMENT AND CREATING CHARGE ON THE ASSETS OF THE COMPANY.
    1 for0 against
  • APPOINTMENT OF MR. ALEXANDER DAVID (DIN: 08259288) AS DIRECTOR OF THE COMPANY
    1 for0 against
  • APPOINTMENT OF MR. ALEXANDER DAVID (DIN: 08259288) AS A WHOLE TIME DIRECTOR FOR A TERM OF 5 YEARS COMMENCING FROM MAY 23, 2025 TO MAY 22, 2030 AND PAYMENT OF REMUNERATION
    1 for0 against
  • ALTERATION OF THE ARTICLES OF ASSOCIATION OF THE COMPANY
    2 for0 against
  • TO APPROVE THE MATERIAL RELATED PARTY TRANSACTION(S) TO BE ENTERED INTO WITH ACEWARE FINTECH SERVICES PRIVATE LIMITED FOR FY 2025-26 TO FY 2026-27
    1 for0 against
8 proposals not matched to one resolution
  • Appoint Alexander David (DIN: 08259288) as Director, liable to retire by rotation
    1 for0 against
  • Appoint Alexander David (DIN: 08259288) as Whole-Time-Director, for five years from 23 May 2025 and fix his remuneration
    1 for0 against
  • Approve creation of charge on company’s assets for borrowings upto Rs. 3.0 bn or the aggregate of the paid capital, free reserve and securities premium, whichever is higher
    1 for0 against
  • Approve increase in borrowing limit to Rs. 3.0 bn or the aggregate of the paid capital, free reserve and securities premium, whichever is higher
    1 for0 against
  • Approve loan to Aceware Fintech Services Private Limited, of upto Rs. 150.0 mn - under Section 185 of the Companies Act, 2013
    1 for0 against
  • Approve related party transactions with Aceware Fintech Services Private Limited of upto Rs. 710.0 mn – each for FY26 and FY27
    1 for0 against
  • To borrow any sum or sums of money from time to time at its discretion, in any form including but not limited to by way of loans, financial facility, through the issuance of debentures, commercial paper or such other form, upon such terms and conditions as to interest, repayment, or otherwise and with or without security, as the Board may think fit for the purposes of the Company’s business, notwithstanding that the monies to be borrowed together with the monies already borrowed by the Company (apart from temporary loans obtained from the Company’s Bankers in the ordinary course of business) may, at any time, exceed the aggregate of the paid-up share capital of the Company, its free reserves (that is to say reserves not set apart for any specific purpose) and securities premium, subject to such aggregate borrowings not exceeding the amount of Rs. 3,000 million or the aggregate of the paid up capital, free reserves and securities premium of the Company.MoreLess
    1 for0 against
  • To give loan(s) in one or more tranches including loan represented by way of book debt (the Loan) up to a sum not exceeding Rs. 150 million to its subsidiary M/s. Aceware Fintech Services Private Limited (Aceware) at any point in time provided that such loan is utilized by Aceware for its principal business activities.MoreLess
    1 for0 against

Mutual fund votes, meeting of 5 Sep 2024, 2 fund houses

Each resolution counts the houses whose vote was matched to it; the rest are listed last.

  • Adoption of the Audited Standalone Financial Statements of the Company for the financial year ended 31 March 2024, and the reports of the Board of Directors and Auditors thereon
    2 for0 against
  • Adoption of Audited Consolidated Financial Statements for the financial year ended 31st March 2024, and the report of the Auditors thereon
    2 for0 against
  • Declaration of a final dividend of Rs.2.50/- per equity share of face value of Rs.1/- each, for the financial year ended 31st March 2024.
    2 for0 against
  • Re-appointment of Mr. Ayyavu Palanichamy Vasanthakumar (DIN: 02069470) as a director who is liable to retire by rotation
    2 for0 against
  • Re-appointment of Ms. Jayanthi (DIN: 09295572), who has attained the age of 75 years as an Independent Director
    2 for0 against
  • Re-appointment of Lt. Gen. Devraj Anbu as an Independent Director
    2 for0 against
  • Re-appointment of Mr Ashok Kumar Sarangi as an Independent Director
    2 for0 against
  • To consider and approve related party transactions with Radiant Protection Force Private Limited
    Against WhiteOak Capital Mutual Fund
    • WhiteOak Capital Mutual FundThe proposed transaction is for extension of financial support by way of advancing any loan (including any loan represented by a book debt) and/or give guarantee and/ or provide any security in connection with any loan taken by Radiant Protection Force Private Limited (RPF) - promoter owned entity, up to an aggregate limit of Rs. 100 mn. The tenure of the loan to be extended is five years and rate of interest will be at prevailing market interest rate. Guarantee Commission for guarantee extended will also be based on market rates. The transactions will ensure uninterrupted flow of services from RPF. As a Security Services Company, RPF provides Radiant Cash Management Services Limited (RCMS) with services of trained and reliable personnel such as Gun Men, Security Guards, Drivers etc., and also Specially Fabricated Cash Vans to ensure safe transport of Cash. These services are integral to the operations of RCMS. We do not support business adjacencies being held in promoter-controlled company; if the operations are critical to RCMS’s business it should house the critical services in the main company. At the 2023 PB, we supported related party transactions between RCMS and RPF on expectation that RCMS being newly listed would require time to unwind legacy arrangements with promoter entities and house the critical services in the main company.
    1 for1 against
2 proposals not matched to one resolution
  • Re-appointment of Ms. Jayanthi (DIN : 09295572), as an Independent Director of the Company for a second term for 3 (three) consecutive years, with effect from September 06, 2024 to September 05, 2027 (inclusive of both the days) and whose office shall not be liable to retire by rotation.MoreLess
    2 for0 against
  • To give of guarantee(s), and/or providing of security(ies) in connection with any Loan taken/to be taken by Radiant Protection Force Private Limited, (RPF) up to a sum not exceeding Rs. 100 million at any point in time provided that such loan and/ or guarantee(s) and/or security(ies) is /are utilized by RPF for its principal business activities.MoreLess
    Against WhiteOak Capital Mutual Fund
    • WhiteOak Capital Mutual FundThe transaction is for extension of loan (including any loan represented by a book debt) and/or give guarantee and/ or provide any security in connection with any loan taken by Radiant Protection Force Private Limited (RPF) - promoter owned entity, up to an aggregate limit of Rs. 100 mn. The rationale is to ensure uninterrupted flow of services from RPF. A Security Services Company, RPF provides Radiant Cash Management Services Limited (RCMS) with services of trained and reliable personnel such as Gun Men, Security Guards, Drivers etc., and also Specially Fabricated Cash Vans to ensure safe transport of Cash. These services are integral to the operations of RCMS. We do not support business adjacencies being held in promoter-controlled company; if the operations are critical to RCMS’s business it should house the critical services in the main company. At the 2023 PB, we supported related party transactions between RCMS and RPF on expectation that RCMS being newly listed would require time to unwind legacy arrangements with promoter entities and house the critical services in the main company
    1 for1 against

Mutual fund votes, meeting of 30 Jun 2024, 2 fund houses

  • Increase in borrowing limits from Rs 75 crores to Rs 150 crores or the aggregate of the paid up capital, free reserves and securities premium of the Company, whichever is higher.
    2 for0 against
  • Creation of charge on the movable and immovable properties of the Company, both present and future, in respect of borrowings up to Rs 150 crores or the aggregate of the paid up capital, free reserves and securities premium of the company, whichever is higher.MoreLess
    2 for0 against

Mutual fund votes, meeting of 11 Sep 2023, 1 fund house

  • Adoption of the Audited Financial Statements of the Company for the financial year ended March 31, 2023, together with the Reports of the Board of Directors and the Auditors thereon
    1 for0 against
  • To confirm the payment of Interim Dividend of Rs.1/- per equity share and to declare a Final Dividend of Rs.2/- per equity share for the financial year ended March 31, 2023
    1 for0 against
  • Appointment of Dr Renuka David, who retires by rotation and being eligible, offers herself for re-appointment
    1 for0 against
  • Re-appointment of Col. David Devasahayam as Managing Director of the Company for a period of 5 years
    1 for0 against
  • Re-appointment of Dr. Renuka David as Whole-time Director of the Company for a period of 5 years
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.

How money raised was used

Reported for the quarter to Mar 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it.

RaisedAmount raisedForSet asideSpentSpent elsewhereReason and comments
Public IssuesJan 20235.40Funding working capital requirements2.000.00NoAudit committee: The committee noted that there were no deviation or variation in actual utilisation of funds in the Quarter ended 31 March 2025
Public IssuesJan 20235.40Funding of capital expenditure requirements for purchase of specially fabricated armoured vans2.350.00NoAudit committee: The committee noted that there were no deviation or variation in actual utilisation of funds in the Quarter ended 31 March 2025
Public IssuesJan 20235.40General corporate purposes0.580.05NoAudit committee: The committee noted that there were no deviation or variation in actual utilisation of funds in the Quarter ended 31 March 2025
₹ crore. Checked by is the agency appointed to monitor how the money is used. The reason and the comments are the company's, its audit committee's and its auditors' own words.