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Incorporated in 2001, Reliable Data Services Ltd deals with Bank & Financial Intermediaries
Reliable Data Services received a fine of 0.47 Lakhs from exchanges over a temporary delay in appointing an Independent Director. The Board stated the non-compliance was procedural, now resolved, and the fine has been paid.
Reliable Data Services is expanding its business into supplying Government Agencies/Contractors. The company secured an agreement to supply white goods to a Bihar Government entity, marking a strategic move expected to contribute to future growth.
Reliable Data Services acquired 10 lakh convertible warrants of Kandarp Digi Smart BPO for ₹104.50 each. An initial payment of ₹2.61 Cr was made, with the remaining ₹7.84 Cr payable upon warrant exercise. This signals a potential total investment of ₹10.45 Cr.
Data Services Ltd. confirmed the resignation of its statutory auditor, Ashutosh Pandey & Associates. This change may introduce uncertainties in financial oversight, potentially affecting investor confidence. It's essential for investors to keep an eye on updates regarding the appointment of a new auditor and the implications for financial reporting and...
Reliable Data Services Limited confirms that for the financial year ending March 31, 2025, it does not qualify as a "Large Corporate" as per SEBI's regulatory framework. Consequently, the relevant disclosure and compliance requirements under the applicable SEBI circulars are not mandated for the company. This development may positively impact...