Rapid Investments Q1 Net Profit ₹15.21 Lakh

Board Meeting Details

The Board of Directors meeting was held on 12th August 2026, Wednesday, at the corporate office (107, Turf Estate, Off. Dr. E. Moses Road, Shakti Mill Lane, Mahalaxmi, Mumbai - 400011) from 3:00 PM to 6:00 PM.

Key Decisions and Approvals

1. Financial Results: Approved and taken on record the Unaudited Standalone Financial Results for the quarter ended 30th June 2026, along with the Limited Review Report thereon pursuant to Regulation 33 of SEBI (LODR) Regulations, 2015.

2. Director Re-appointment: Recommended the re-appointment of Mr. Kanishk Ranka (DIN: 06967647) as Director who retires by rotation, subject to approval at the ensuing Annual General Meeting (AGM).

3. Managing Director Re-appointment: Approved the re-appointment of Mrs. Nina Ranka (DIN: 00937698) as Managing Director for a further period of five years with effect from 13th August 2026, subject to shareholder approval at the AGM.

4. Statutory Auditors Re-appointment: Approved the re-appointment of M/s. NNK & Co., Chartered Accountants (Firm Registration No. 143291W) as Statutory Auditors for a further term of four consecutive years, subject to shareholder approval at the AGM.

5. Independent Director Appointment: Approved the appointment of Mr. Arun Jain (DIN: 02540343) as an Additional Director in the category of Independent Director with effect from 13th August 2026, and recommended his appointment as Independent Director for a term of five consecutive years, subject to shareholder approval at the AGM.

6. AGM Documentation: Approved and adopted the Director's Report along with all annexures and the Notice of the 48th Annual General Meeting.

7. Book Closure Dates: Fixed the dates for closing of Register of Members and Transfer Books for the ensuing AGM from 16th September 2026 to 22nd September 2026 (both days inclusive) pursuant to Section 91 of the Companies Act, 2013 and Regulation 42 of SEBI (LODR) Regulations, 2015.

8. Scrutinizer Appointment: Appointed Mr. Pankaj S. Desai as Scrutinizer for monitoring e-voting and voting at the 48th AGM through OAVM.

9. Secretarial Audit Report: Approved and adopted the Secretarial Audit Report issued by M/s. Pankaj Desai & Associates (COP 4098) for FY ended 2025-26 in terms of Section 204 of the Companies Act, 2013.

10. Internal Auditor Appointment: Appointed Mr. Neel Kumar Jain as the Internal Auditor of the Company for the financial year 2026-27.

11. SEBI Compliance: Took note of compliances made under SEBI (LODR) Regulation, 2015 for the quarter ended 30th June 2026.

12. AGM Details: Decided to hold the 48th AGM through Physical Mode on 22nd September 2026, Tuesday at 9:00 AM at the registered office.

Financial Results Highlights (Unaudited Standalone for Quarter Ended 30th June 2026)

Total Revenue: ₹69.249 lakh
Total Income: ₹73.189 lakh
Total Expenses: ₹57.226 lakh
Profit Before Tax: ₹15.963 lakh
Tax Expense: ₹0.750 lakh
Net Profit for the Period: ₹15.213 lakh
Earnings Per Share (Basic & Diluted): ₹0.071

Comparative Financial Performance

AGM Calendar of Events

Benpos Date for Sending Notice: 21/08/2026
Last Date for Dispatch of AGM Notice: On or before 31/08/2026
Last Date for Newspaper Publication: On or before 01/09/2026
Cut-off Date for E-voting: 15/09/2026
E-voting Period: 19/09/2026 (9:00 AM) to 21/09/2026 (5:00 PM)
AGM Date & Time: 22/09/2026 at 9:00 AM
Scrutinizer Report Submission: On or before 24/09/2026
Result Declaration: On or before 24/09/2026

Additional Information

The company has arranged to publish the financial results in newspapers in accordance with Regulation 47 of SEBI (LODR) Regulations, 2015.
The company operates only in one segment as defined in IND AS-108.
During the quarter ended 30-06-2026, nil investor complaints were received and nil complaints were pending at the end of the quarter.
The Limited Review Report was issued by the statutory auditors, NNK & Co., confirming that nothing has come to their attention that causes them to believe the financial results contain any material misstatement.

Enclosures

1. Standalone Unaudited Financial Results for quarter ended 30.06.2026 with Limited Review Report

2. Book Closure Notice for 48th AGM

3. Calendar of Events for 48th AGM

4. Annexure-I: Re-appointment of Managing Director

5. Annexure II: Re-appointment of Statutory Auditor

6. Annexure III: Appointment of Independent Director

7. Annexure IV: Cessation of Independent Director