Rapid Fleet Management Services Limited specializes in providing comprehensive logistics and road transportation services.Business Profile Rapid Fleet is a Chennai-based logistics company, specializing in road transportation and offering logistics solutions for B2B and B2C clients. It serves diverse industries, including Tyre, Logistics, Electronics, FMCG, Renewable Energy, Durables, F&B, and Chemicals.
Rapid Fleet clarified a missing IPO fund utilization certificate for H1 FY26 results. The submitted certificate confirms IPO proceeds were used as intended, though vehicle vendors differed from original plans. 9.00 Cr unutilized funds are in the bank. This disclosure completes reporting but doesn't change prior financial figures.
The company clarified issues with its previously submitted financial results. It re-uploaded a machine-readable PDF and included the auditor's IPO fund utilization certificate, as requested. This addresses formatting and completeness, with no changes to the actual financial figures.
