Reliable Ventures India Ltd (RELIABVEN) Announcements - Latest Exchange Filings with AI Summaries
Latest corporate announcements filed by Reliable Ventures India Ltd on NSE and BSE, with an AI summary of each filing.
We are hereby attaching the disclosure under Regulation 31A of SEBI (LODR) Regulations, 2015 for reclassification of Promoter/Promoter Group to Public Category.
Others (Uncategorized) · 14 Oct 2026, 9:28 pm
Reliable Ventures Announces Promoter Reclassification Following 54.08% Majority Stake Transfer Reliable Ventures India announced the reclassification of its outgoing promoters to the "public" category under SEBI LODR Regulation 31A(10), effective 7th Sep'26. This follows the consummation of a Share Purchase Agreement dated 2nd Jun'26, under which incoming promoters—Chennupati Sarath Kumar, Sivanag Vasireddy, and Ancla Technology Solutions India—acquired a controlling 54.08% equity stake (59,55,815 shares). Management control transitioned following board appointments on 15th Jul'26 and off-market share transfers concluded on 7th Sep'26. The outgoing promoters now hold no equity shares or management rights.
Voting Results and Scrutinizers Report for the Extra Ordinary General meeting held on 14th October, 2026.
Extra Ordinary General Meeting · 14 Oct 2026, 7:02 pm
Reliable Ventures Shareholders Approve Key Board Appointments and Corporate Resolutions Reliable Ventures India Limited secured 100% shareholder approval for all 10 resolutions transacted at its EGM on 14th Oct'26, with 4,801,006 valid votes cast in favor. Approved items include the appointment of Sivanag Vasireddy as Managing Director, Tirumalla Sai Navya as Independent Director, and Chennupati Sarath Kumar and Pradhip Kumar Gogula as Non-Executive Directors. Shareholders also cleared shifting the registered office to Telangana, altering the object clause of the Memorandum of Association, and enhancing statutory limits for borrowing, encumbrance, investments, and related-party financial assistance.
Outcome and Proceedings of 01st Extra Ordinary General Meeting for the FY 2026-27 held on 14th October, 2026.
Extra Ordinary General Meeting · 14 Oct 2026, 6:59 pm
Reliable Ventures India Approves Key Appointments, Object Clause Alteration, and Higher Limits Reliable Ventures India Limited concluded its EGM on 14th Oct'26, approving all 10 proposed resolutions with 100% voting favor (4,801,006 votes). Key approvals include appointing Sivanag Vasireddy as Managing Director, Tirumalla Sai Navya as Independent Director, and Chennupati Sarath Kumar and Pradhip Kumar Gogula as Non-Executive Directors. Shareholders also cleared shifting the registered office from Madhya Pradesh to Telangana, enhancing borrowing limits under Section 180(1)(c), expanding investment and loan limits under Sections 185 and 186, and altering the Memorandum of Association's Object Clause.
Extra Ordinary General Meeting scheduled to be held on 14th October, 2026 at 11:00 AM through video conferencing/other audio visual means.
Extra Ordinary General Meeting · 22 Sept 2026, 9:48 pm
Reliable Ventures India Schedules EGM to Approve Leadership, Business Expansion, and Financing Limits Reliable Ventures India has scheduled an Extra-Ordinary General Meeting on 14th Oct'26, with 7th Oct'26 set as the e-voting cut-off date. Key agenda items include regularizing the appointment of Managing Director Sivanag Vasireddy, Independent Director Tirumalla Sai Navya, and two Non-Executive Directors. Following an Open Offer, the company seeks shareholder approval to shift its registered office from Madhya Pradesh to Telangana, alter its MoA objects toward infrastructure, real estate, manufacturing, and IT services, and raise borrowing, investment, and loan limits up to Rs. 200 crore each.
Approval for time to hold the Annual General Meeting (AGM) for the FY 2025-26.
Annual General Meeting · 22 Sept 2026, 8:53 pm
Outcome of board meeting held on 21st September, 2026 at 03:00 PM.
Others (Uncategorized) · 21 Sept 2026, 9:44 pm
Reliable Ventures Approves Registered Office Shift, Limit Enhancements, and EGM Reliable Ventures India Ltd's board approved shifting its registered office from Madhya Pradesh to Telangana on 21st Sep'26. The board sanctioned increases in borrowing limits under Section 180(1)(C) and enhanced limits for investments, loans, guarantees, and securities, including transactions involving director-interested entities under Section 185. Additionally, it approved altering the Memorandum of Association's Object Clause. An Extra-Ordinary General Meeting is scheduled for 14th Oct'26 to seek shareholder approvals, with M/s. Aakanksha Dubey & Co. appointed as scrutiniser.
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Vasireddy Sivanag
Acquisition/ Disposal of Shares · 12 Sept 2026, 4:57 pm
Promoter Vasireddy Sivanag Acquires 5.45% Stake in Reliable Ventures India Vasireddy Sivanag, belonging to the promoter group, acquired 6,00,000 equity shares, representing a 5.45% stake, in Reliable Ventures India Limited on 2nd Sep'26. The acquisition was executed via an off-market transaction. Prior to this purchase, the acquirer held no shares in the target company. Following the transaction, Vasireddy Sivanag's total holding increased to 6,00,000 equity shares (5.45% of total share and voting capital), based on the company's total equity base of 1,10,12,900 shares.
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Chennupati Sarath Kumar
Acquisition/ Disposal of Shares · 12 Sept 2026, 4:29 pm
Chennupati Sarath Kumar Acquires 29.05% Stake in Reliable Ventures India Chennupati Sarath Kumar, belonging to the promoter group, acquired 32,00,000 equity shares representing a 29.05% stake in Reliable Ventures India Limited via an off-market transaction executed on 1st Sep'26 and 2nd Sep'26. Prior to this transaction, the acquirer held zero shares in the company. Following the acquisition, Chennupati Sarath Kumar's total shareholding and voting rights in the company increased to 29.05% of the total paid-up capital of 1,10,12,900 equity shares.
The Exchange has received the disclosure under Regulation 29(1) of SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011 for Anela Technologies Solutions India Pvt Ltd
Acquisition/ Disposal of Shares · 12 Sept 2026, 4:27 pm
Ancla Technologies Acquires 19.56% Stake in Reliable Ventures India Promoter group entity Ancla Technologies Solutions India Private Limited acquired 21,54,012 equity shares of Reliable Ventures India Limited, representing a 19.56% stake in the company's total voting capital of 1,10,12,900 shares. The transaction was executed via an off-market route across multiple tranches on 1st Sep'26, 2nd Sep'26, 4th Sep'26, and 7th Sep'26. Prior to this acquisition, the acquirer held nil shares, bringing its post-transaction holding in the target company to 19.56%.
Rarever Financial Advisors Pvt Ltd ("Manager to the Offer') has submitted to BSE a copy of Post-Offer Advertisement under Regulation 18(12) in terms of the Securities and Exchange Board ....
Others (Uncategorized) · 12 Sept 2026, 1:16 am
Acquirers Conclude Open Offer for Reliable Ventures India Limited Rarever Financial Advisors issued a post-offer advertisement on behalf of acquirers Chennupati Sarath Kumar, Vasireddy Sivanag, and Ancla Technology Solutions India Pvt Ltd for the takeover of Reliable Ventures India Ltd. While the open offer proposed acquiring up to 28,63,354 shares (26.00% equity) at ₹21.00 per share, only 79 shares (0.001%) were tendered and accepted. Combined with the 59,55,815 shares (54.08%) agreed via SPA, total acquirer post-offer shareholding stands at 59,55,894 shares (54.08%), leaving public shareholding at 45.92%. Payment of consideration was completed on 4th Sep'26.
Resignation of Mr. Shiv Singh Raghuwanshi as the Company Secretary and Compliance Officer. Appointment of Mrs. Sharvari Swapnil Shinde as the Company Secretary and Compliance Officer. Appointment ....
Change in Management · 14 Aug 2026, 11:30 pm
Reliable Ventures Board Meeting: Q1FY27 Results and Key Appointments Reliable Ventures India reported a Q1FY27 net loss of ₹18.21 lacs, a significant improvement from the ₹46.97 lacs loss YoY, though wider than the ₹22.10 lacs loss QoQ. Total revenue for the quarter ended 30th Jun'26 stood at ₹3.92 lacs. The board, meeting on 14th Aug'26, approved the resignation of Company Secretary (CS) Shiv Singh Raghuwanshi and appointed Mrs. Sharvari Swapnil Shinde as the new CS & Compliance Officer. The board also appointed new internal and secretarial auditors for FY27.
Unaudited Financial Results for the quarter ended 30.06.2026
Financial Result · 14 Aug 2026, 11:26 pm
Reliable Ventures India Ltd - Financial Result for the Quarter ended 30th Jun'26 (Standalone, INR Lakh) ■ Revenue: 0.0 ■ EBITDA: -5.7 (+81.9% YoY | +46.8% QoQ) ■ EBITDA Margin (%): 0.0 ■ PAT: -18.2 (+61.2% YoY | +17.6% QoQ) ■ EPS (INR): -0.49 (Profit to Loss YoY | +38.8% QoQ)
Outcome of Board Meeting held on 14th August, 2026.
Outcome · 14 Aug 2026, 11:22 pm
Rarever Financial Advisors Pvt Ltd ("Manager to the Offer') has submitted to BSE a copy of Pre-Offer advertisement cum Corrigendum to the Public Announcement and Detailed Public Statement ....
Others (Uncategorized) · 14 Aug 2026, 1:46 pm
Reliable Ventures India: Open Offer to Acquire 26% Stake at ₹21/Share A group of acquirers, managed by Rarever Financial Advisors, announced an open offer to acquire 28,63,354 equity shares of Reliable Ventures India, representing a 26.00% stake. The offer price is ₹21.00 per share. The tendering period is scheduled to commence on Aug 14,'26 and close on Aug 28,'26. The target company’s Independent Directors' Committee has opined that the offer price is fair and reasonable. The acquirers deposited ₹6.01 crore, 100% of the offer consideration, into an escrow account on Jun 04,'26.
Rarever Financial Advisors Pvt Ltd ("Manager to the Offer') has submitted to BSE a copy of Recommendations of the Committee of Independent Directors ('IDC') of Reliable Ventures India ....
Others (Uncategorized) · 12 Aug 2026, 8:33 pm
Reliable Ventures India: Independent Directors Recommend Open Offer A consortium of acquirers has made an open offer to acquire up to 2,863,354 equity shares of Reliable Ventures India at a price of ₹21.00 per share. This represents 26% of the company's equity share capital. The Committee of Independent Directors (IDC), in their meeting on 11 Aug'26, unanimously recommended the offer, deeming the price "fair and reasonable" and compliant with SEBI (SAST) Regulations, 2011. The IDC confirmed no conflicts of interest and that the company has received no shareholder complaints regarding the offer.
Rarever Financial Advisors Pvt Ltd ("Manager to the Offer') has submitted to BSE a copy of Letter of Offer to the Shareholders of Reliable Ventures India Ltd ("Target Company").
Others (Uncategorized) · 07 Aug 2026, 9:24 pm
Reliable Ventures India: Mandatory Open Offer to Acquire 26% Stake Three acquirers—C. Sarath Kumar, V. Sivanag, and Ancla Technology Solutions—have made a mandatory open offer to acquire 28,63,354 equity shares of Reliable Ventures India Ltd, representing 26.00% of its voting capital. The offer price is ₹21.00 per share. This follows a Share Purchase Agreement to acquire a 54.08% controlling stake from the promoters. The tendering period for the open offer is scheduled from 14th Aug'26 to 28th Aug'26. Upon completion, the acquirers' holding will increase to 80.08%, assuming full acceptance.
Reliable Ventures India Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 12/08/2026 ,inter alia, to consider and approve It is hereby intimated ....
Intimation · 12 Aug 2026, 5:30 am
Reliable Ventures Board Meeting on 12th Aug'26 to Approve Q1 Results Reliable Ventures India Ltd. (BSE: 532124) has scheduled a Board of Directors meeting for 12th Aug'26. The primary agenda is to consider and approve the unaudited financial results for the first quarter ended 30th Jun'26. An Audit Committee meeting will precede the board meeting on the same day to review the financial statements. This announcement sets the date for the release of the company's Q1 performance data, a key event for investors monitoring the company's financial health and operational efficiency.
Rarever Financial Advisors Pvt Ltd ("Manager to the Offer') has informed BSE that the identified date for the purpose of determining the names of the shareholders to whom the Letter of ....
Others (Uncategorized) · 30 Jul 2026, 8:29 pm
Reliable Ventures India: Acquirers Set Record Date for Open Offer An open offer has been proposed for Reliable Ventures India Ltd by acquirers Chennupati Sarath Kumar, Vasireddy Sivanag, and Ancla Technology Solutions. The offer targets up to 28,63,354 equity shares, representing 26.00% of the voting share capital, at a price of ₹21 per share. The identified date to determine shareholder eligibility for the Letter of Offer has been fixed as 31 Jul'26. This action follows the Public Announcement made on 02 Jun'26 and the Draft Letter of Offer dated 16 Jun'26.
Resignation of Chairman and Managing Director
Change in Management · 16 Jul 2026, 3:41 am
Reliable Ventures India Managing Director Sikndar Hafiz Khan Resigns Reliable Ventures India Ltd. announced that Mr. Sikndar Hafiz Khan has resigned from his position as Managing Director and Director, effective 15 Jul'26. The resignation letter cites "change in management" as the reason for his departure. The company has filed the required disclosure under SEBI's Listing Obligations and Disclosure Requirements regulations. No further details regarding the management change or a successor have been provided. This leadership transition could signal a strategic shift for the company.
Resignation of Directors
Change in Management · 16 Jul 2026, 2:41 am
Reliable Ventures Announces Multiple Director Resignations Reliable Ventures India announced the resignation of three directors, effective 15th Jul'26. Sanober Bano resigned as Director, citing a "change in management." Guntupalli Siva Rama Krishna and Gopinathan Panchena both resigned as Independent Directors, citing "personal reasons." Both independent directors also stepped down from their respective board committee positions, with Gopinathan Panchena vacating his role as Chairperson of the Audit, Nomination & Remuneration, and Stakeholders Relationship Committees. No other material reasons for the departures were disclosed.
Change in Directorate of the Company
Change in Management · 16 Jul 2026, 2:36 am
Reliable Ventures India Announces Major Board Overhaul and New MD Appointment Reliable Ventures announced a significant board restructuring effective 15 Jul'26. Sivanag Vasireddy has been appointed as Managing Director for a three-year term, replacing the resigning Sikndar Hafiz Khan. The company also appointed Chennupati Sarath Kumar and Pradhip Kumar Gogula as Non-Executive Directors, and Tirumalla Sai Navya as an Independent Director for five years. Concurrently, Director Sanober Bano and Independent Directors Guntupalli Siva Rama Krishna and Gopinathan Panchena have resigned from their positions, marking a comprehensive leadership transition.
Appointment and Resignation of Directors
Change in Management · 16 Jul 2026, 2:30 am
Reliable Ventures Appoints New MD and Reshuffles Board Reliable Ventures India announced a significant board overhaul effective 15 Jul'26. Sivanag Vasireddy has been appointed as the new Managing Director, replacing the resigning Sikndar Hafiz Khan. The company also appointed three new directors: Chennupati Sarath Kumar and Pradhip Kumar Gogula as Non-Executive Directors, and Tirumalla Sai Navya as an Independent Director. Concurrently, directors Sanober Bano, Guntupalli Siva Rama Krishna (Independent), and Gopinathan Panchena (Independent) have resigned from their positions.
Outcome of the Board Meeting held on July 15, 2026 including change in directorate
Others (Uncategorized) · 16 Jul 2026, 2:08 am
Reliable Ventures Overhauls Board, Appoints New MD and Directors Reliable Ventures India announced a significant board restructuring from its meeting on 15 Jul'26. Mr. Sivanag Vasireddy was appointed as the new Managing Director for a three-year term. Concurrent with this, the company appointed three additional directors: Mr. Chennupati Sarath Kumar and Mr. Pradhip Kumar Gogula as Non-Executive Directors, and Ms. Tirumalla Sai Navya as an Independent Director. This follows the resignations of former MD Mr. Sikndar Hafiz Khan and three other directors, including two independents.
Outcome of the Board Meeting held on July 15, 2026 including change in directorate
Others (Uncategorized) · 16 Jul 2026, 2:04 am
Reliable Ventures Announces Major Board Reshuffle with New Managing Director Reliable Ventures India announced a significant board overhaul effective 15th Jul'26. Sivanag Vasireddy has been appointed as the new Managing Director for a 3-year term, replacing the resigning Sikndar Hafiz Khan. The company also appointed three new Additional Directors: Chennupati Sarath Kumar and Pradhip Kumar Gogula as Non-Executive Directors, and Tirumalla Sai Navya as an Independent Director. Concurrently, four directors resigned: Director Sanober Bano, and Independent Directors Guntupalli Siva Rama Krishna and Gopinathan Panchena, alongside the former MD.
Rarever Financial Advisors Pvt Ltd ("Manager to the Offer') has submitted to BSE a copy of Draft Letter of Offer to the Shareholders of Reliable Ventures India Ltd ("Target Company").
Others (Uncategorized) · 17 Jun 2026, 1:27 am
Reliable Ventures India: Acquirers Launch Open Offer for 26% Stake Three acquirers launched a mandatory open offer to buy 28,63,354 equity shares of Reliable Ventures India, representing 26% of its voting capital, at ₹21 per share. This offer, managed by Rarever Financial Advisors, was triggered by a Share Purchase Agreement dated Jun 02, '26, to acquire 54.08% from promoter sellers. The offer opens on Jul 31, '26, and closes on Aug 13, '26. Post-acquisition, assuming full acceptance, the acquirers' total holding will be 80.08%, positioning them to control management and affairs of the company.