RNFI Services MD, chairman, board of directors and AGM
NSE: RNFIFinance
Share price at the NSE close on 23 Oct 2026. Previous close ₹321.00.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price.
- ₹808 Cr
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit. The filing of 8 Aug 2026
- 28.5
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 31 May 2026
- 4.8
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business. Net worth is the average of the latest balance sheet and the one a year before it. The filing of 8 Aug 2026
- 20.1%
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 8 Aug 2026
- 19.6%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 31 May 2026
- 0.15
- Volume, NSEVolume. Shares traded on the last trading day; delivery is the part buyers kept rather than sold again the same day.
- 39,00089.2% delivered
RNFI Services board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorRanveer KhyaliyaRelated to the promoter
- Company SecretaryMohit Chauhan
8 directors4 independent4 executive
- Ranveer Khyaliya · Chairperson and managing directorExecutive · joined Dec 2023 · 1 listed board
- Rahul SrivastavaExecutive · joined Nov 2023 · 1 listed board · 2 committee seats
- Mona KapoorIndependent · joined Dec 2023 · reappointed Dec 2023 · 34 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- Deepankar AggarwalExecutive · joined Nov 2023 · 1 listed board · 1 committee seat
- Kirandeep Singh AnandExecutive · joined Nov 2023 · 1 listed board · 1 committee seat
- Sunil KulkarniIndependent · joined Nov 2023 · reappointed Nov 2023 · 35 months as independent · 4 listed boards · 3 as independent · 3 committee seats, 1 as chair
- Avtar Singh MongaIndependent · joined Nov 2023 · reappointed Nov 2023 · 35 months as independent · 3 listed boards · 3 as independent · 3 committee seats, 1 as chair
- Ashok Kumar SinhaIndependent · joined Nov 2023 · reappointed Nov 2023 · 35 months as independent · 2 listed boards · 2 as independent · 3 committee seats, 1 as chair
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.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 5 Sep 20268 of 8 present4 independent · 27 days in between
- 8 Aug 20268 of 8 present4 independent · 32 days in between
- 6 Jul 20268 of 8 present4 independent · 10 days in between
- 25 Jun 20268 of 8 present4 independent · 25 days in between
1 earlier meeting
- 30 May 20268 of 8 present4 independent
Audit Committee
Chair Sunil Kulkarni
Rahul Srivastava, Avtar Singh Monga, Ashok Kumar Sinha
- 8 Aug 20264 of 4 present3 independent
- 30 May 20264 of 4 present3 independent
- 28 Apr 20264 of 4 present3 independent
Nomination and remuneration committee
Chair Avtar Singh Monga
Sunil Kulkarni, Ranveer Khyaliya, Mona Kapoor
- 5 Sep 20264 of 4 present3 independent
- 6 Jul 20264 of 4 present3 independent
- 30 May 20264 of 4 present3 independent
- 28 Apr 20264 of 4 present3 independent
Stakeholders Relationship Committee
Chair Mona Kapoor
Kirandeep Singh Anand, Rahul Srivastava, Deepankar Aggarwal
- 7 Jul 20264 of 4 present1 independent
Corporate Social Responsibility Committee
Chair Ranveer Khyaliya
Mona Kapoor, Rahul Srivastava
- 8 Aug 20263 of 3 present1 independent
- 30 May 20263 of 3 present1 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 Mar 2026.
- Kushal Poonia & AssociatesPeer-review certificate valid to May 2031
1 earlier auditor
- Kushal S Poonia & CoNamed in the filing for the quarter to Mar 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.
RNFI 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.RNFI Services share news and announcements
Annual general meeting, 26 Sep 2026
1,791 shareholders on the register on 18 Sep 2026; present: 5 promoters and 34 others; votes counted by Ms. Jyoti Sharma / JVS & Associates.The company's voting result (opens in a new tab)
- Consider and adopt the Audited Financial Statements of the Company for the Financial Year ended on March 31, 2026 together with the Reports of the Board of Directors and the Auditors thereon.Ordinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.57% · promoters 99.99% · institutions 7.99% · other public 9.38%
- To appoint a director in place of Mr. Kirandeep Singh Anand (DIN-10362287), who retires by rotation and being eligible, offers himself for re-appointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 67.57% · promoters 99.99% · institutions 7.99% · other public 9.38%
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, 10 Jul 2026, 2 resolutions
1,608 shareholders on the register on 5 Jun 2026; votes counted by Umesh / Umesh & Associates.The company's voting result (opens in a new tab)
- Approval of “RNFI Employee Stock Option Plan, 2026Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.27% · promoters 100.00% · institutions 60.92% · other public 5.08%
- Approval of “RNFI Employee Stock Option Plan, 2026” (“RNFI ESOP Plan 2026”) for the benefit of the employees of the Subsidiary(ies) of the Company (Present and Future)Special100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 0.00%
Turnout: all 68.27% · promoters 100.00% · institutions 60.92% · other public 5.08%
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.
Extraordinary general meeting, 27 Apr 2026, 1 resolution
1,616 shareholders on the register on 22 Apr 2026; present: 8 promoters and 26 others; votes counted by UMESH / Umesh & Associates.The company's voting result (opens in a new tab)
- ALTERATION OF THE OBJECT CLAUSE OF MEMORANDUM OF ASSOCIATION OF THE COMPANYSpecial99.99% for0.01% against
Against: promoters 0.00% · institutions 0.00% · other public 0.21%
Turnout: all 68.77% · promoters 100.00% · institutions 7.99% · other public 10.68%
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.
Fines, tax disputes and stakes in unlisted companies
Reported in the filing for the quarter to Sep 2026.
- Unlisted stake boughtAmbition Services Private LimitedSince 25 Jun 2026
50.90% bought in the quarter; holding 50.90%, from 0.00%
- Fine or penaltyNational Stock ExchangeSince 14 Aug 2026
Penalty
Regarding delayed compliance of Regulation 44(3) of SEBI (LODR) Regulations, 2015 - Tax disputeCommissioner of Income Tax (Appeals)Since 8 Mar 2026
The Income Tax Department, vide order dated 8 March 2026, had raised a total demand of ₹1,61,05,460, comprising tax, interest and penalty, including tax of ₹1,47,00,000. The Company filed an appeal before the Commissioner of Income Tax (Appeals), National Faceless Appeal Centre, pursuant to which the Appellate Authority directed the deletion of the entire tax addition of ₹1,47,00,000. Accordingly, the entire disputed addition has been deleted, providing substantial relief to the Company.MoreLess
At the filing before: Closed/ Resolved
In the company's own words, from its latest governance filing.
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
- 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
- No
- The chair is related to the managing director
- Yes
- The filing has a part on fines and penalties
- Yes
- The filing has a part on tax disputes
- Yes
- 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 Dec 2025. The company's results filing for the quarter to Jun 2026 says no statement of how money raised was used applies to it. A preferential issue sells new shares to chosen investors rather than to the public. A warrant or partly paid issue plans the whole issue while the money comes in over time, so the amount set aside can be more than raised so far. A statement's amounts are left out where the raise it states and its own uses differ by fifty times or more, a figure typed at the wrong scale.
| Raised | Amount raised | For | Set aside | Spent | Spent elsewhere |
|---|---|---|---|---|---|
| Public IssuesJul 2024 | – | Funding the Working Capital requirements of our Company | – | – | No |
| Public IssuesJul 2024 | – | Funding Capital expenditure requirements for the Purchase of Micro ATMs/laptops/Server | – | – | No |
| Public IssuesJul 2024 | – | Strengthening our technology infrastructure to develop new capabilities | – | – | No |
| Public IssuesJul 2024 | – | Achieving inorganic growth through unidentified acquisitions and other strategic initiatives and General corporate purposes | – | – | No |
| Preferential IssuesOct 2025 | – | Strategic business opportunities, facilitating the growth and expansion of the Company and its subsidiaries | – | – | No |
| Preferential IssuesOct 2025 | – | Acquisition and General Corporate Purposes | – | – | No |