RNFI Services Ltd

RNFI Services Management Change

RNFI Services appointed Sameer Nagpal as Group Chief Operating Officer effective 6 November 2026. He is also designated Senior Management Personnel.

RNFI Services Employee Stock Options

RNFI Services granted 7,92,044 employee stock options under its 2026 ESOP plan. The exercise price equals the Rs. 10 face value, with options vesting after one year.

RNFI Services Q2 FY27 Results: Net Profit ₹10.1 Cr, Up 14.8% YoY

RNFI Services Ltd reported revenue from operations of ₹277.9 Cr (+25.3% YoY) and net profit of ₹10.1 Cr (+14.8% YoY) for Q2 FY27.

Key figure

Net profit ₹10.1 Cr · +14.8% YoY

RNFI Services Board Meeting Date

RNFI Services will hold a board meeting on 6 November 2026 to consider half-yearly unaudited standalone and consolidated results for September 2026 and ESOP matters. Trading window stays closed until 8 November 2026.

RNFI Services Regulatory Approval

RNFI received RBI no-objection to acquire control of Smart Payment Solutions Private Limited. Remaining tranches may proceed, but no transaction value is disclosed.

RNFI Services Annual General Meeting

RNFI Services announced passage of a resolution via postal ballot, per the scrutinizer's report dated 26 October 2026. Voting results and the scrutinizer's report were filed with NSE.

RNFI Services Legal & Regulatory

RNFI Services Limited received a favorable appellate order from the Income Tax authorities, deleting a tax addition of Rs. 1.48 Crore for AY 2024-25.

Value

₹1.48 Cr

RNFI Services Acquisition Worth ₹12 Cr

RNFI Services Limited will acquire business correspondent undertakings from Arth Rural Connect and AgroServe Global for a maximum aggregate consideration of ₹12 Crore on a slump sale basis.

Value

₹12.00 Cr

From

Arth Rural Connect Services Private Limited and AgroServe Global Technologies Private Limited

Execution

Within 90 days

RNFI Services Annual General Meeting

RNFI Services Limited has issued a Postal Ballot Notice to seek shareholder approval for altering its Memorandum of Association's object clause.

RNFI Services Adverse Business Impact

RNFI Services Limited reported a fire incident at its registered office on September 23, 2026. No injuries occurred, and business operations continue without disruption.

RNFI Services Bags New Order from Chhattisgarh Gramin Bank

RNFI Services Limited has been appointed as a Corporate Business Correspondent by Chhattisgarh Gramin Bank to provide various banking and financial services.

From

Chhattisgarh Gramin Bank

Execution

12 months

RNFI Services Business Update

RNFI Services Limited has been empaneled by Punjab & Sind Bank as a Corporate Business Correspondent, with 150 locations allotted for service deployment.

From

Punjab & Sind Bank

Execution

Initial period of 3 years

Business Correspondent locations

150.0 locations

RNFI Services Merger & Restructuring

RNFI Services Limited has received name approval from the Ministry of Corporate Affairs for its proposed Wholly Owned Subsidiary, RNFI Credit Technologies Private Limited.

RNFI Services Regulatory Approval

RNFI's subsidiary RNFI Money received RBI approval converting its Authorised Dealer Category-II licence to perpetual validity and expanding scope to trade remittances, Nostro accounts, and Forex Correspondents. No quantifiable financial impact is stated.

RNFI Services Capital Structure Change

RNFI received NSE trading approval for 37,000 shares from preferential warrant conversion. Non-promoter investor holds shares with lock-in until March 2027.