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Richa Infosystems Allots 17.18 Lakh Shares, Replaces Statutory Auditor


25 August 2026
Richa Info Systems Ltd.

The Board allotted 1,717,880 equity shares on warrant conversion at ₹87 per share to Arth Technocrats (promoter group) and two non-promoters, increasing paid-up shares to 15,480,713. Statutory auditor Bhatt Shah Mekhia resigned citing pre-occupation, and C S M & Co LLP was appointed despite an unmodified FY26 audit opinion. Context: partially resolves the pending warrant-conversion uncertainty.


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