Reliable Data Services Limited has announced its unaudited financial results for the second quarter ended September 30, 2025, along with significant changes to its Audit Committee structure.

Financial Performance

The company's board of directors approved the unaudited standalone and consolidated financial results for Q2 FY2026 at a meeting held on November 14, 2025. While specific financial figures were not disclosed in the announcement, the approval of these results indicates the company's commitment to timely financial reporting and transparency.

Audit Committee Reconstitution

In a notable corporate governance move, Reliable Data Services has reconstituted its Audit Committee. The restructuring, effective from November 14, 2025, includes the following key appointments:

This reconstitution appears to strengthen the committee's independence and diversity, potentially enhancing its oversight capabilities.

Potential Board Expansion

The company has also revealed that it is evaluating two candidates for Independent Director positions:

1. Dr. Surya Prakash
2. Mr. Pawan Kumar

The board has stated that these names were received seven days prior to the announcement and that due diligence and verification of eligibility criteria with the Registrar of Companies (ROC) are ongoing. A final decision on these appointments is expected to be made before the next board meeting.

Segment Performance

While detailed financial figures were not provided in the immediate release, the company's segment information reveals its operational focus:

1. BFSI (Banking, Financial Services, and Insurance) Segment
2. Non-BFSI Segment

This segmentation suggests a diversified business model, catering to both financial and non-financial sectors.

Investor Relations

Reliable Data Services continues to maintain transparency with its shareholders. The company has made its quarterly results available on the National Stock Exchange of India Limited website ( www.nseindia.com ) and on its own investor relations page ( www.rdspl.com/investors ).

The timely reporting of financial results, coupled with the strategic changes in the Audit Committee and potential board expansion, demonstrates Reliable Data Services' commitment to corporate governance and shareholder communication. Investors and market watchers will likely keep a close eye on the forthcoming detailed financial report and the finalization of the new Independent Director appointments for a more comprehensive view of the company's performance and future direction.

Reliable Data Services Limited has recently come under scrutiny from Goods and Services Tax (GST) authorities, as disclosed in a regulatory filing to the stock exchanges.

GST Department Visit and Summon

According to the company's disclosure, officials from the GST Department's DGGI Unit conducted an inspection at Reliable Data Services' office on September 29. Following this visit, the company received a summon on September 30, just a day after the inspection.

Company's Response

In its filing, Reliable Data Services stated that the company's Compliance unit is confident that they have adhered to all requirements and provided the necessary documents to the GST officials. The company emphasized its commitment to regulatory compliance and transparency in its operations.

Regulatory Disclosure

The information was disclosed by Reliable Data Services under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to promptly inform the stock exchanges about any material events or information.

Market Impact

While the immediate market reaction to this news is not available, such regulatory inspections and summons can potentially impact investor sentiment. Shareholders and potential investors will likely be watching closely for any further developments or clarifications from the company regarding this matter.

About Reliable Data Services

Reliable Data Services Limited is a company listed on both the National Stock Exchange (NSE) and Bombay Stock Exchange (BSE). The company's registered office is located in New Delhi, with its corporate office in Noida, Uttar Pradesh.

As the situation unfolds, stakeholders will be keen to see how Reliable Data Services addresses any concerns raised by the GST authorities and what impact, if any, this inspection may have on the company's operations and financial performance.