Riyaasat Lifestyle Limited held its fifth Annual General Meeting on September 29, 2026, via video conferencing. The meeting focused on adopting the audited financial statements for FY26 and addressing director reappointments.

The proceedings were chaired by Gaurang Ramanbhai Galiya, Chairman and Managing Director. The requisite quorum was present, allowing the company to transact the business outlined in the notice convening the meeting. The session commenced at 11:30 am and concluded at 11:46 am IST.

Board and auditor attendance

Five directors attended the meeting, including three independent directors. The statutory auditors, secretarial auditors, and internal auditor were also present to oversee the compliance aspects of the gathering.

Mansi Patel served as the Company Secretary and Compliance Officer. Representatives from M/s Abhishek Kumar & Associates (Statutory Auditors), M/s Nirav Shah & Associates (Secretarial Auditor), and internal auditor Rajesh Bhati also participated.

Resolutions passed

The members considered both ordinary and special business items. The primary resolutions involved the adoption of financial reports and governance changes. The Chairman noted that there were no qualifications or adverse remarks in the Statutory Auditors' Report or Secretarial Audit Report requiring specific explanation.

Ordinary business

1. Adoption of audited financial statements for FY26 along with Board and Auditor reports.
2. Re-appointment of Sobhanaben Ramanbhai Galiya, who retired by rotation and offered herself for reappointment.

Special business

1. Appointment of M/s Nirav Shah & Associates as Secretarial Auditor.

Voting and conclusion

The Chairman informed members that e-voting results would be declared within 48 hours. Since the AGM was conducted through video conferencing, the facility for appointing proxies was not applicable. The combined results of remote e-voting and e-voting during the meeting will be submitted to stock exchanges and uploaded on the company's website.

Riyaasat Lifestyle Limited has updated its Corporate Identification Number (CIN) in the Ministry of Corporate Affairs (MCA) records to reflect its new "Listed" status. This change follows the listing of the company's equity shares on the Bombay Stock Exchange (BSE) on July 1, 2026.

The company informed the BSE on September 24, 2026, that the MCA Master Data was updated with effect from September 23, 2026. The regulatory intimation was filed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Status and CIN changes

The update signifies the transition of Riyaasat Lifestyle from an unlisted public company to a listed entity. The specific changes to the corporate records are detailed below:

The full CIN changed from U18100GJ2021PLC126637 to L18100GJ2021PLC126637. The prefix change from 'U' to 'L' is a standard administrative procedure mandated by the MCA to denote listed status.

Company profile and financial structure

Riyaasat Lifestyle is registered with the Registrar of Companies (ROC) in Ahmedabad. The company, incorporated on October 23, 2021, operates in the lifestyle sector. As per the latest MCA data, the company's capital structure reflects a paid-up capital of ₹10.74 crore against an authorised capital of ₹15.50 crore.

The company currently has three active charges registered against its assets, primarily with HDFC Bank and AU Small Finance Bank. The total outstanding charge amount across these active facilities stands at approximately ₹197.7 crore, indicating significant leverage relative to its current paid-up capital.

Key corporate details

• Registered Office: Ahmedabad, Gujarat
• Managing Director: Gaurang Ramanbhai Galiya
• Last AGM Date: September 30, 2025
• Balance Sheet Date: March 31, 2025

The listing marks a significant milestone for the Ahmedabad-based firm, enhancing its visibility and liquidity for investors. The company has requested the BSE to update its records accordingly.