RADIANT CASH MANAGEMENT SERVICES LIMITED

Material Risks

AI Risk Summary

**Financial Risk Summary – Radiant Cash Management Services Limited** Radiant's primary financial exposure stems from critical compliance gaps under SEBI BRSR mandates, with a maximum compliance risk score of 10.0/10 creating material delisting and enforcement action risk for a ₹405.1 crore revenue entity. The company faces estimated remediation costs of ₹1–2 crore to address non-disclosure of Scope 1/2 emissions data and undefined EPR applicability, alongside unclear environmental reporting obligations under BRSR P6. Secondary risk derives from operational supply-chain dependencies on logistics partners with unknown emission profiles, creating indirect carbon pricing exposure of ₹60–90 lakh annually should India's carbon credit trading scheme expand to service providers. Immediate action required: quantify actual emissions, clarify EPR product applicability, and establish formal ESG governance to mitigate regulatory sanctions and shareholder liability within the next two reporting cycles.

Source: RADIANT CASH MANAGEMENT SERVICES LIMITED BRSR Filing, FY -. Derived from the company's own public disclosures. Not investment advice or a regulatory determination.