Radiant Cash Management Services Limited submitted its Business Responsibility and Sustainability Report for FY26 to the National Stock Exchange of India Limited and the Bombay Stock Exchange Limited on August 25, 2026. The filing outlines the company’s performance across environmental, social, and governance parameters for the financial year ended March 31, 2026.

The report, prepared on a standalone basis, covers operations across 82 locations in India. It details workforce metrics, energy consumption, and compliance with regulatory guidelines.

Workforce and Employee Welfare

As of March 31, 2026, Radiant employed 2,641 permanent staff members. The workforce composition included 2,174 male employees (82%) and 467 female employees (18%). The company also engaged 7,236 service providers on a part-time or temporary basis.

The turnover rate for permanent employees stood at 23% in FY26, down from 28% in FY25 and matching the 23% recorded in FY24. Union membership among permanent employees decreased significantly, falling from 190 individuals (7%) in FY25 to 103 individuals (4%) in FY26.

The company reported a 100% return-to-work rate for female employees who took parental leave in FY26, with a retention rate of 81%, up from 75% in FY25. Spending on employee well-being measures accounted for 0.28% of total revenue in FY26, compared to 0.39% in FY25.

Environmental Performance

Total energy consumption from non-renewable sources rose to 62,310 GJ in FY26 from 61,335 GJ in FY25. This increase was driven primarily by fuel consumption, which grew to 59,504 GJ from 57,962 GJ. Electricity consumption from non-renewable sources declined to 2,806 GJ from 3,373 GJ.

Greenhouse gas emissions showed mixed trends. Scope 1 emissions increased to 4,365.06 metric tonnes of CO2 equivalent from 4,256.87 metric tonnes in FY25. Conversely, Scope 2 emissions fell to 558.04 metric tonnes from 670.78 metric tonnes. Combined Scope 1 and Scope 2 emission intensity per rupee of turnover remained stable at 1.23 metric tonnes/INR Million, marginally up from 1.22 in the prior year.

Governance and Related Party Transactions

The company disclosed significant related-party transaction exposure. Purchases from related parties constituted 31% of total purchases, unchanged from FY25. Loans and advances given to related parties represented 93.3% of total loans and advances, up slightly from 92.4% in FY25. Investments in related parties accounted for 100% of total investments made.

Customer complaints received during FY26 totaled 610, all related to service issues and resolved within defined turnaround times. This compares to 594 complaints in FY25. No complaints were recorded regarding data privacy, cybersecurity, or human rights violations.

What the Numbers Show

The divergence between rising fuel-based energy consumption and declining electricity usage suggests operational adjustments in fleet management versus office infrastructure efficiency. While Scope 1 emissions rose due to higher fuel use, the drop in Scope 2 emissions helped keep overall carbon intensity per revenue unit nearly flat, indicating that revenue growth is outpacing the absolute increase in direct emissions.

Radiant Cash Management Services has scheduled its 21st Annual General Meeting (AGM) for September 16, 2026. The meeting will address the adoption of financial statements for FY26, a proposed final dividend of ₹2.50 per share, and significant related-party transactions with its subsidiary, Aceware Fintech Services Private Limited.

Meeting Details

The AGM is set to begin at 3:00 pm on Wednesday, September 16, 2026. Members can participate remotely via Video Conferencing or Other Audio Visual Means in compliance with SEBI and MCA regulations. The company has dispensed with physical copies of the Annual Report and AGM Notice, sending them electronically to registered members.

Remote e-voting will be open from September 12, 2026, at 9:00 am to September 15, 2026, at 5:00 pm. The cut-off date for voting entitlement is September 10, 2026.

Dividend Proposal

The Board of Directors has recommended a final dividend of ₹2.50 per equity share of face value ₹1 each (250%) for the financial year ended March 31, 2026. If approved at the AGM, the dividend will be paid electronically on or after September 25, 2026, to shareholders on record as of September 10, 2026.

Related-Party Transactions with Aceware

A key agenda item involves enhancing financial support for subsidiary Aceware Fintech Services Private Limited. The Board seeks approval to:

• Increase the aggregate outstanding loan limit from ₹150 million to ₹300 million under Section 185 of the Companies Act, 2013.
• Enhance the aggregate limit for corporate guarantees from existing levels to ₹400 million for FY27.
• Approve consequential interest and guarantee commissions estimated at ₹50 million.

Aceware, in which Radiant CMS holds a 58.21% stake, provides business correspondent services and supports Radiant’s cash management operations in remote locations. The loans will be funded from internal accruals and charged at the highest borrowing rate applicable to Radiant plus a spread of 0.10% per annum. Corporate guarantee commissions will range between 1.00% and 3.00% per annum.

Auditor Re-appointment

The AGM will also consider the re-appointment of M/s. ASA & Associates LLP as statutory auditors for a second term of five years, until the conclusion of the 26th AGM in 2031. The proposed remuneration is ₹45 lakh per annum, with no material change in audit fees.