Radiant Cash Management Services shareholders approved the re-appointment of M/s. ASA & Associates LLP as statutory auditors for a second five-year term at the company’s 21st annual general meeting held on September 16, 2026.

The resolution passed with near-unanimous support, securing 99.9988% of votes polled. The new term begins from the conclusion of the 21st AGM and extends until the conclusion of the 26th AGM in 2031.

Voting Participation

Out of 47,799 shareholders on record as of September 10, 2026, a total of 64,721,744 votes were cast via remote e-voting and electronic voting during the meeting. This represented approximately 60.65% of outstanding shares. Promoter and promoter group shareholders held 60,765,812 shares and voted in favour of every resolution with 100% participation and support.

Public non-institutional shareholders held 44,766,877 shares, with a polling rate of roughly 6.26%. Public institutions held 1,175,217 shares, participating at a rate of 98.09%.

Resolution Results

All ordinary business items, including the adoption of audited standalone and consolidated financial statements for FY26, declaration of dividend, re-appointment of director Mr. Alexander David, received near-unanimous support exceeding 99.99%. The special resolution regarding the loan to Aceware Fintech saw 64,535,027 votes in favour and 183,217 votes against, passing with 99.72% support.

An additional ordinary resolution approving material modifications to related-party transactions with Aceware Fintech also passed. It garnered 95.26% support overall. Notably, promoter shareholders did not vote on this specific item. Public institutions again showed significant dissent, with 15.38% voting against, while public non-institutions supported it at 99.65%.

Auditor Profile

M/s. ASA & Associates LLP is a firm of Chartered Accountants registered with the Institute of Chartered Accountants of India (ICAI). Established in 1991, the firm has a multidisciplinary team of over 1,000 professionals operating from offices in Gurugram, Ahmedabad, Bengaluru, Chennai, Hyderabad, Kochi, Mumbai and New Delhi. It serves as the exclusive India member firm of Baker Tilly International.

Governance and Scrutiny

S Sandeep & Associates served as the scrutinizer for the e-voting process. The report confirmed that the voting process was conducted fairly and transparently in compliance with SEBI Listing Regulations and the Companies Act, 2013. The remote e-voting period ran from September 12 to September 15, 2026, followed by the physical/virtual AGM on September 16.

Col. David Devasahayam (Retd.), Chairman and Managing Director, presided over the meeting. All six directors attended, including independent directors Ms Jayanthi, Lt. Gen. Devraj Anbu (Retd.), and Mr. Ashok Kumar Sarangi. Six shareholders posed questions during the session regarding strategy, operations, and the performance of the Valuables Logistics segment and Aceware Fintech.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE855R01021/f36d0967-9e00-4d2f-9e25-c31afc65ac8f.pdf

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.