Redington Limited has announced the completion of re-domiciliation of its wholly owned subsidiary from Mauritius to Dubai, United Arab Emirates. The company informed stock exchanges about this strategic corporate restructuring under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Subsidiary Re-domiciliation Details

Redington International Mauritius Limited has successfully completed its re-domiciliation process to Dubai International Financial Centre (DIFC). The subsidiary received the requisite Certificate of Continuation from DIFC, marking the formal completion of the jurisdictional transfer.

Strategic Business Optimization

The re-domiciliation move is designed to optimize business objectives in alignment with Redington group's future strategic plans. The subsidiary will now operate as a company incorporated in DIFC, Dubai, under the applicable laws and regulations of the United Arab Emirates.

Regulatory Compliance

Redington Limited has fulfilled its disclosure obligations by informing both the National Stock Exchange of India Limited and BSE Limited about this corporate development. The company has also committed to uploading the announcement on its official website for stakeholder access.

Corporate Structure Impact

Following the re-domiciliation, Redington International Mauritius Limited will continue as a wholly owned subsidiary but will now be governed by DIFC regulations and UAE corporate laws. This jurisdictional change represents a significant step in the company's international corporate structure optimization.

Redington Limited has delivered robust consolidated financial performance for Q3 FY26, with revenue reaching ₹30,959 crore compared to ₹26,764 crore in the corresponding quarter of the previous year. The company's net profit grew to ₹436 crore from ₹403 crore year-on-year, demonstrating sustained operational discipline and resilient demand across markets.

Strong Financial Performance Across Key Metrics

The technology solutions provider reported comprehensive growth across major financial parameters, with PAT margin for the quarter standing at 1.41%. The board of directors approved the unaudited standalone and consolidated financial results at their meeting held on February 4, 2026.

Solutions-Led Growth Strategy Delivers Results

The quarter's performance reflects Redington's continued evolution from a distribution-led model to a comprehensive technology solutions provider. Strong growth was recorded across key markets including India at 25% YoY growth, UAE at 19%, and Africa at 14%. This performance was driven by enhanced go-to-market alignment, expansion into new geographies, and increased channel partner width across key markets.

Business Segment Performance Analysis

Redington's diversified business portfolio demonstrated strong momentum across multiple segments, with particular strength in next-generation technology solutions.

Management Commentary and Strategic Outlook

V.S. Hariharan, Managing Director & Group CEO of Redington Limited, commented on the results: "Our Q3 performance reflects disciplined execution and resilience amid a dynamic macro and geopolitical environment. As customers accelerate modernization across AI, cloud, cybersecurity, and digital infrastructure, Redington is uniquely positioned at the center of this transformation."

The company continues to strengthen its capabilities across Cloud, AI-enabled services, Cybersecurity, Managed Services, and emerging digital ecosystems. Through its Unlock Next strategy, Redington is enabling customers and partners to move from intent to impact, combining global scale with deep ecosystem partnerships.

Market Position and Future Focus

Redington operates across 40+ markets with over 450 brand associations and 70,000+ channel partners. The company remains focused on expanding partner enablement, deepening brand alliances, and enhancing value-added services across its global footprint. Strong demand continues across Cloud, Software, Cybersecurity, and enterprise infrastructure as customers accelerate investments in AI-enabled modernization and digital transformation.