RNFI Services Announces New Order Win
RNFI Services Limited secured an empanelment as a Feet-on-Street agency from Indian Overseas Bank for collection and recovery of SMA portfolios for three years.
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RNFI Services Limited secured an empanelment as a Feet-on-Street agency from Indian Overseas Bank for collection and recovery of SMA portfolios for three years.
RNFI Services received NSE trading approval for 296,292 equity shares. These shares were issued following the conversion of warrants on a preferential basis.
RNFI Services Limited announced the successful passage of two resolutions via Postal Ballot. Members approved the items with requisite majority through remote e-voting concluded July 2026.
RNFI Services Limited appointed Mr. Sameer Nagpal as Group Chief Operating Officer effective July 6, 2026. He will oversee operational strategy and business growth initiatives.
RNFI Services Limited received NSE listing approval for 296,292 equity shares. These shares were issued via the conversion of preferential warrants.
RNFI Services approved acquisition of up to 75% of Ambition Services for up to ₹4.03 Crore. The deal will be completed within 18 months, expanding its business‑correspondent network.
RNFI Services seeks shareholder approval via postal ballot for its new ESOP Plan 2026. The plan covers up to 27.85 lakh options for employees and subsidiary staff.
RNFI reported FY26 PAT of ₹32.5cr, a 62% increase YoY, despite regulatory headwinds in the DMT segment.
RNFI is pivoting from a high-revenue, low-margin DMT legacy business to high-margin verticals, sacrificing short-term profitability due to front-loaded investment expenses hitting the P&L.
RNFI Services Limited board approved the re-appointment of M/s. Deepanshu and Co. as Internal Auditors. The appointment is effective for a 12-month term starting April 2026.
RNFI Services delivered solid FY26 performance despite regulatory headwinds in DMT. Strategy focuses on high-margin 'Blue Ocean' fintech products, AI-led efficiency, and network expansion.
RNFI Services Ltd reported revenue from operations of ₹79.2 Cr (+13.3% YoY) and net profit of ₹4.6 Cr (+27.8% YoY) for Q4 FY26.
RNFI Services Limited reported total income of ₹294.04 Crore for FY26. The Board also approved an Employee Stock Option Plan 2026 and internal auditor re-appointment.
RNFI Services Limited scheduled a board meeting for May 30, 2026, to approve audited annual financial results and ESOPs. Trading window closure remains in effect.