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Radiant Cash Management Announces Board Resignation

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Radiant Cash Management Services Limited ( (IN:RADIANTCMS) ) just unveiled an update.

Radiant Cash Management Services Limited announced the resignation of Mr. Ayyavu Palanichamy Vasanthakumar from his position as Non-Executive Nominee Director. The resignation was due to the nominating investor, Ascent India Fund III, having its shareholding fall below the 5% threshold required for board nomination. This change reflects a shift in the company’s board composition and may impact its governance structure.

More about Radiant Cash Management Services Limited

Radiant Cash Management Services Limited operates in the cash management industry, providing services related to cash logistics and management. The company focuses on offering secure and efficient cash handling solutions to its clients, which include banks, financial institutions, and retail businesses.

YTD Price Performance: -10.48%

Average Trading Volume: 41,690

Current Market Cap: 7.18B INR

For an in-depth examination of RADIANTCMS stock, go to TipRanks’ Stock Analysis page.

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