Latest news about Riddhi Corporate Services
Riddhi Corporate Services
54.50
-2.50(-4.39%)
Company Performance:
View Company Insights1D-4.39%
1M-6.76%
6M+6.22%
1Y-20.72%
5Y0.00%
More news about Riddhi Corporate Services
01Apr 26
Riddhi Corporate Services Limited Announces Postal Ballot Results with Unanimous Approval of Four Resolutions
Riddhi Corporate Services Limited successfully concluded its postal ballot process with unanimous approval of all four resolutions. The voting, conducted from March 1-30, 2026, saw participation from 15 shareholders representing 26.97% of outstanding shares. Key resolutions included IPO object variation, statutory auditor appointment, director regularization, and secretarial auditor appointment, all receiving 100% approval from participating shareholders.
13Mar 26
Riddhi Corporate Services Limited Completes Full Utilization of ₹70.36 Crore Preferential Issue Proceeds
Riddhi Corporate Services Limited has successfully completed the full utilization of ₹70.36 crore raised through its preferential issue dated January 24, 2023. The company reported to BSE on March 13, 2026, that all funds were utilized by February 27, 2026, for general corporate purposes as originally planned. The Audit Committee confirmed no deviations in fund utilization, demonstrating the company's adherence to regulatory compliance and transparent capital allocation practices.
27Feb 26
Riddhi Corporate Services Initiates Postal Ballot for IPO Object Deviation
Riddhi Corporate Services Limited has issued a postal ballot notice for shareholder approval of significant corporate matters including reallocation of ₹1179.59 lakhs from unutilized IPO proceeds to operational expenditure, appointment of new statutory and secretarial auditors, and regularization of an independent director, with remote e-voting scheduled from March 01-30, 2026.
21Feb 26
Riddhi Corporate Services Clarifies Audit Report Error, Reports Q3FY26 Financial Results
Riddhi Corporate Services Limited clarified a typographical error in its Q3FY26 Limited Review Report where the auditor mistakenly mentioned another company's name. The company reported strong revenue growth of 126.6% to ₹13,526.43 lakh in Q3FY26, though net profit declined to ₹285.97 lakh. Nine-month revenue doubled to ₹37,592.60 lakh with net profit of ₹728.52 lakh, demonstrating robust operational performance.
02Feb 26
Riddhi Corporate Services Limited Appoints M/s. Nitin K Shah & Co as Statutory Auditors
Riddhi Corporate Services Limited appointed M/s. Nitin K Shah & Co, Ahmedabad (FRN- 107140W) as statutory auditors during a board meeting on February 2, 2026, to fill the casual vacancy caused by the previous auditor's resignation. The newly appointed firm, established in March 1973, brings over 50 years of experience in auditing, corporate law, taxation, and financial advisory services to serve the company for FY 2025-2026.
15Nov 25
Riddhi Corporate Services' Auditor Resigns Citing Documentation Delays and Fee Disputes
Jain Kedia and Sharma, the statutory auditor of Riddhi Corporate Services Limited (BSE: 540590), has resigned effective November 14, 2025. The auditor cited issues with timely information provision, late result publishing, and disagreements over audit fees. The company acknowledged the resignation in a regulatory filing. Separately, Riddhi Corporate Services appointed Mr. Kalpeshbhai Chandrakishorebhai Shukla as an Additional Director. The company's Q2 FY2026 results showed improved financial performance with revenue up 24.68% and net profit increasing by 135.61% year-over-year.
05Sept 25
Riddhi Corporate Services Reports Strong FY 2025 Results, Proposes Rs. 0.49 Dividend
Riddhi Corporate Services Limited announced financial results for FY 2024-2025, reporting revenue of Rs. 25,528.66 lakhs and profit of Rs. 1,354.40 lakhs. The company's Board recommended a final dividend of Rs. 0.49 per equity share, subject to shareholder approval. Statutory auditors issued an unmodified audit opinion on the financial statements.
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