Appointment of Company Secretary and Compliance Officer.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Raminfo Limited's board meeting on May 28, 2026 approved three key items. First, Mr. Srikanth Palem, an Associate Member of ICSI (Membership No. A-80486) and law graduate, was appointed as Company Secretary and Compliance Officer effective immediately. Second, the audited standalone financial results showed revenue of Rs. 4,134.48 lakhs (up 101% YoY from Rs. 2,058.84 lakhs) with net profit of Rs. 186.61 lakhs (up 9% YoY), and standalone EPS of Rs. 2.37. Third, the board approved disposal of an underperforming office space (6,876.46 sq ft) in Hyderabad for Rs. 5.10 crore, expected to complete by July 5, 2026, to unlock capital for higher-yielding assets.
The appointment of a new CS strengthens compliance governance. The strong revenue growth (doubled YoY) is positive for shareholders. The property disposal will improve capital efficiency but requires monitoring for actual value realization.