Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
Radiant Cash Management Services Limited
Meeting Details
The 21st Annual General Meeting was held on Wednesday, September 16, 2026, at 03:00 p.m. through Video Conferencing/Other Audio-Visual Means (VC/OAVM). The deemed venue was the Corporate Office at Radiant Building, 4/3, Raju Nagar, 1st Street, Okkiyam, Thoraipakkam, OMR, Chennai - 600 096.
Proposed Resolutions and Implications
Seven resolutions were proposed for shareholder approval:
1. Ordinary Resolution: Adoption of Audited Standalone Financial Statements together with Reports of Board of Directors and Auditors
2. Ordinary Resolution: Adoption of Audited Consolidated Financial Statements together with Report of Auditors
3. Ordinary Resolution: Declaration of Dividend
4. Ordinary Resolution: Re-appointment of Mr. Alexander David (DIN: 08259288) as Director liable to retire by rotation
5. Ordinary Resolution: Re-appointment of M/s. ASA & Associates LLP, Chartered Accountants, Chennai as Statutory Auditors
6. Special Resolution: Authorisation to Board of Directors to advance loan(s) to Aceware Fintech Services Private Limited under section 185 of Companies Act, 2013
7. Ordinary Resolution: Approval of material modification of earlier approved material related party transactions with Aceware Fintech Services Private Limited
Voting Process and Methods
The voting process included:
- Remote e-voting: Conducted through NSDL from Saturday, September 12, 2026 at 09:00 a.m. to Tuesday, September 15, 2026 at 05:00 p.m.
- E-voting during AGM: Conducted on September 16, 2026 for members who didn't participate in remote e-voting
- The cut-off date for determining voting rights was Thursday, September 10, 2026
- Total shareholders as on cut-off date: 47,799
- Shareholders present in meeting: 52 (4 Promoters/Promoter group, 48 Public)
Key Voting Outcomes
Overall Participation
- Total shares outstanding: 106,707,906
- Total votes cast across all resolutions: Approximately 60.65-60.65% of outstanding shares
Resolution-wise Results:
Resolution 1: Adoption of Standalone Financial Statements
- Total votes cast: 64,721,672 (60.65% of outstanding shares)
- Votes in favor: 64,721,672 (99.9999%)
- Votes against: 72 (0.0001%)
- Passed as Ordinary Resolution
Resolution 2: Adoption of Consolidated Financial Statements
- Total votes cast: 64,721,728 (60.65% of outstanding shares)
- Votes in favor: 64,721,728 (99.9999%)
- Votes against: 72 (0.0001%)
- Passed as Ordinary Resolution
Resolution 3: Declaration of Dividend
- Total votes cast: 64,721,800 (60.65% of outstanding shares)
- Votes in favor: 64,721,800 (100%)
- Votes against: 0 (0%)
- Passed as Ordinary Resolution
Resolution 4: Re-appointment of Mr. Alexander David
- Total votes cast: 64,721,208 (60.65% of outstanding shares)
- Votes in favor: 64,721,208 (99.9992%)
- Votes against: 536 (0.0008%)
- Passed as Ordinary Resolution
Resolution 5: Re-appointment of Statutory Auditors
- Total votes cast: 64,720,957 (60.65% of outstanding shares)
- Votes in favor: 64,720,957 (99.9988%)
- Votes against: 787 (0.0012%)
- Passed as Ordinary Resolution
Resolution 6: Authorization for Loans to Aceware Fintech
- Total votes cast: 64,718,244 (60.65% of outstanding shares)
- Votes in favor: 64,535,027 (99.7169%)
- Votes against: 183,217 (0.2831%)
- Passed as Special Resolution (requiring 3 times more votes in favor)
Resolution 7: Approval of Modified Related Party Transactions
- Total votes cast: 3,948,882 (3.70% of outstanding shares)
- Votes in favor: 3,761,798 (95.2624%)
- Votes against: 187,084 (4.7376%)
- Invalid votes: 3,550 (0.0898%)
- Passed as Ordinary Resolution
Participation Breakdown by Shareholder Category:
Promoter and Promoter Group
- Shares held: 60,765,812
- Voting participation: 100% across all resolutions
- Consistently voted 100% in favor on all resolutions except Resolution 7 where they did not vote
Public Institutions
- Shares held: 1,175,217
- Voting participation: 98.0855% across resolutions
- Voted 100% in favor on most resolutions
Public Non-Institutions
- Shares held: 44,766,877
- Voting participation: ~6.26% across resolutions
- Showed some opposition on Resolutions 4, 5, 6, and 7
Scrutinizer's Role and Findings
S Sandeep & Associates, Practising Company Secretaries, were appointed as Scrutinizer to scrutinize the voting process. Their responsibilities included:
- Ensuring fair and transparent voting process
- Scrutinizing remote e-voting and e-voting during AGM
- Generating results from NSDL e-voting system
- Preparing detailed scrutinizer's report
The scrutinizer confirmed that all resolutions were passed with requisite majority and the voting process complied with applicable regulations.
Compliance with Laws and Regulations
The voting process was conducted in compliance with:
- Companies Act, 2013 and Rules made thereunder
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- MCA Circulars regarding virtual meetings
- SEBI Circulars on electronic voting
Additional Information
- The results were uploaded on company website (www.radiantcashservices.com) and NSDL website (www.evoting.nsdl.com)
- Advertisements were published in Financial Express and Makkal Kural newspapers on August 24 and 26, 2026
- Company CIN: L74999TN2005PLC055748
- GST No: 33AACCR9619R1ZO