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Incorporated in 2005, Radiant Cash Management Services Limited is market leader in retail cash management services for banks, financial institutions, and organized retail and e-commerce companies in India. The company offers a range of services under this segment consisting of collection and delivery of cash on behalf of its clients from the end user.
Radiant Cash Management Services submitted its BRSR for FY25-26. Operational highlights: 86% employees trained in safety/skills/human rights; 2.3% capex for data security. All 610 customer complaints resolved, with no fines or data breaches reported. Note significant related-party transactions for loans and investments.
Radiant CMS renewed an unsecured inter-corporate loan to its 58.21% subsidiary, Aceware. It provides up to ₹15 Cr outstanding, currently at ₹11.5 Cr, for Aceware's business activities. The 1-year loan is repayable on demand with market-linked interest, continuing financial support without increasing the limit.
Radiant Cash Management Services Limited has informed the Exchange regarding 'Disclosure under regulation 7(2)(b) of the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015'.
Radiant has extended an unsecured inter-corporate loan of up to 5 Cr to its 58.21% owned subsidiary, Aceware Fintech. The loan is repayable within one year with an interest rate linked to Radiant's borrowing costs, supporting Aceware's business operations.
Radiant Cash Management's FY25 Sustainability Report shows strong operational growth with Turnover at Rs 405.09 Cr (up from Rs 384.54 Cr) and Net Worth at Rs 272.84 Cr. The company operates across India, focusing on cash management services. It emphasizes commitment to sustainability and swift resolution of customer concerns, with...