Rapid Fleet Management Services Limited has received the Structured Digital Database (SDD) compliance certificate for the financial year ended March 31, 2026, confirming adherence to the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015. The certification validates that the company successfully maintained a digital record of Unpublished Price Sensitive Information (UPSI) with adequate access controls and audit trails.

The certificate, issued by Lakshmmi Subramanian & Associates, Practising Company Secretaries, confirms that Rapid Fleet Management Services Limited was required to capture three events during FY26 and has successfully recorded all of them. The database is maintained internally, is non-tamperable, and possesses the capability to preserve records for eight years as mandated.

The certification process verified that the company has a structured digital database in place with controlled access. It further confirmed that all UPSI disseminated during the previous financial year were captured, including the nature of the information along with the precise date and time of dissemination.

The report explicitly stated that there were no instances of non-compliance observed in the previous financial year. Consequently, no remedial actions or timelines were required to address any gaps in the maintenance of the structured digital database.

The compliance certificate was submitted to the National Stock Exchange of India Limited on May 28, 2026. The filing was signed by Anand Poddar, Managing Director of Rapid Fleet Management Services Limited, and countersigned by S. Vasudevan, Partner at Lakshmmi Subramanian & Associates.

Rapid Fleet Management Services Limited has announced its audited financial results for the financial year ended March 31, 2026, reporting a 21.3% increase in net profit. The company’s net profit for the period stood at ₹1,247.16 lakh, up from ₹1,027.97 lakh in the previous year. Revenue from operations rose to ₹20,435.08 lakh from ₹17,243.98 lakh in FY25, driven by core business activities. The board of directors, in its meeting held on May 21, 2026, approved the standalone financial results along with the statutory auditors' report.

The total income for the year increased to ₹20,589.66 lakh. The company’s earnings per share (EPS) for the year was recorded at ₹16.77, compared to ₹19.97 in the previous year. The profit before tax for the year was ₹1,667.81 lakh, a significant improvement from ₹1,356.32 lakh in the prior year. The auditors, Jay Gupta & Associates, issued an unmodified opinion on the financial statements.

Financial Performance

The company’s expenses for the year totaled ₹18,918.83 lakh, up from ₹16,213.30 lakh in the previous year. Finance costs decreased to ₹184.30 lakh from ₹244.58 lakh, while depreciation and amortization charges increased to ₹989.21 lakh from ₹758.09 lakh.

Corporate Governance Updates

During the board meeting, the company approved the appointment of Mr. Joseph Benoy as an Additional Director (Independent), subject to shareholders' approval. Concurrently, the board took note of the resignation of Mr. Rupesh Kothari as an Independent Director, effective April 20, 2026. Following these changes, the board reconstituted the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee with immediate effect.

Additionally, the board appointed Mr. Suprith Thiriveedhi as the internal auditor for the financial year 2026-27. The company also provided a certification on the utilization of funds raised through its Initial Public Offer (IPO), confirming that ₹4,181.77 lakh had been utilized out of the total proceeds of ₹4,386.82 lakh as of March 31, 2026.