Richa Info Systems has appointed CS Seema Luniya as its Company Secretary and Compliance Officer, effective June 02, 2026. The decision was taken during a Board meeting held on Tuesday, June 02, 2026, to ensure the company meets its regulatory obligations.

The appointment is intended to fulfil the requirements of Section 203 of the Companies Act, 2013, read with the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, as well as Regulation 6(1) of the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015.

CS Seema Luniya is an Associate Member of the Institute of Company Secretaries of India (ICSI) with Membership Number A66576. She holds a B.com (Hons.) degree from Calcutta University and is currently pursuing Chartered Accountancy. Her professional expertise spans Corporate Laws, Corporate Governance, Secretarial Compliance, and SEBI-related matters.

Prior to this role, Luniya served as the Compliance Officer at Borana Weaves Limited and as the Company Secretary of Transwind Infrastructures Limited. Her experience includes handling regulatory compliances, corporate secretarial functions, and ensuring adherence to applicable legal and governance frameworks.

The Board meeting, which commenced at 06:30 P.M. and concluded at 07:00 P.M., was chaired by Tushar Dineshchandra Shah, Chairman cum Managing Director. The disclosure was made to the National Stock Exchange under Regulation 30 of the SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Key Details of Appointment

Richa Info Systems reported a net profit of ₹748.09 lakh for the financial year ended March 31, 2026, marking a 42.8% increase from ₹523.80 lakh in the prior year. Revenue from operations grew 11.8% to ₹14,281.15 lakh, supported by contributions from its Information Technology and Electronic divisions. The company’s total revenue for FY26 stood at ₹14,283.72 lakh.

The Board of Directors approved the audited financial results during a meeting held on May 25, 2026. Statutory auditor Bhatt Shah Mekhia & Co. issued an audit report with an unmodified opinion on the financial results for the period ended March 31, 2026. The company confirmed that there were no material deviations in the utilization of proceeds from preferential issues raised during the year.

Financial Performance

The Information Technology division recorded segment revenue of ₹6,027.44 lakh for the year, while the Electronic division contributed ₹8,253.71 lakh. Total expenses for FY26 increased to ₹13,281.87 lakh from ₹12,056.51 lakh in FY25. The profit before tax for the year was ₹1,001.85 lakh, compared to ₹716.38 lakh in the previous year.

Key Financial Metrics (FY26 vs FY25)

Segment Results

For the half-year ended March 31, 2026, the company reported a net profit of ₹190.57 lakh, a decrease from ₹480.89 lakh in the corresponding period of the previous year. Revenue for the half-year stood at ₹5,688.09 lakh. The Electronic division led the half-year performance with a segment revenue of ₹3,396.77 lakh, followed by the Information Technology division at ₹2,291.32 lakh.

Disclosures and Compliance

The company disclosed related party transactions with Key Managerial Personnel (KMP) and associate companies. Transactions included remuneration paid to KMP and sales of goods and services to associate companies. Richa Info Systems confirmed there were no outstanding defaults on loans or debt securities as of March 31, 2026. Additionally, the company stated it remains outside the purview of Large Corporate criteria as defined by relevant SEBI circulars.