Radiant Cash Services receives LOI from IDBI Bank; check detailsRadiant Cash Services receives LOI from IDBI Bank; check details

Radiant Cash Services Limited received LOI from IDBI Bank for secured cash van and CDP services across seven zones for three years from April 2026.

Introduction

Leading cash management services provider received Rs 35 crore LOI from IDBI Bank for secured cash van and CDP services across seven zones for three years.

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Share price movement of Radiant Cash

On February 12, 2026, Radiant Cash Management Services Ltd opened at ₹47.50, down 1.33% from its previous close of ₹48.14. The stock reached a high of ₹48.06 (-0.17%) and a low of ₹45.57. By 11:00 AM, it traded at ₹45.80, a 4.86% decrease, with a market cap of ₹488.72 crore.

Radiant Cash Secures IDBI LOI

Radiant Cash Services Limited received a Letter of Intent from IDBI Bank Limited. The contract covers dedicated secured cash van business and cash delivery and pick up services across seven zones.

The contract is valued at about Rs 35 crore, including renewal of existing business of about Rs 15 crore. It will run from 01 April 2026 to 31 March 2029.

Stock performance of Radiant Cash for period of 1 week, 6 months, and 1 year

Radiant Cash Management Services Ltd delivered a 5.61% return over the past week, declined 5.47% over six months, and fell 22.3% over the past one year.

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Shareholding pattern of Radiant Cash

Particulars	Dec 2025	Sep 2025	Jun 2025
Promoter	56.90%	56.90%	56.90%
FII	0.20%	0.20%	0.50%
DII	1.00%	1.00%	2.30%
Public	42%	42.00%	40%

About Radiant Cash

Radiant Cash Management Services Ltd (NSE: RADIANTCMS) is a pan India cash logistics company providing secured cash pick up, delivery, and cash van operations services.

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Disclaimer: The above article is written for educational purposes, and the companies’ data mentioned in the article may change with respect to time. The securities quoted are exemplary and are not recommendatory.

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