Key Quantitative Figures
- Standalone Revenue from Operations: ₹97.24 lakhs (FY26) vs ₹209.93 lakhs (FY25) - decline of 53.68%
- Standalone Net Profit/(Loss): (₹17.31 lakhs) loss (FY26) vs ₹23.45 lakhs profit (FY25)
- Consolidated Net Profit/(Loss): (₹17.65 lakhs) loss (FY26) vs ₹23.49 lakhs profit (FY25)
- Earnings Per Share (Basic & Diluted): (₹0.56) (FY26) vs ₹0.75 (FY25)
- Paid-up Equity Share Capital: ₹3,10,83,000 divided into 31,08,300 equity shares of ₹10 each
- Material Related Party Transaction Limit: Maximum aggregate outstanding amount not to exceed ₹5 crores with Madhav Surfaces FZC LLC
- Board Meetings Held: 6 meetings during FY 2025-26
Dates of Action
- AGM Date: Wednesday, September 30, 2026 at 1:00 PM IST
- Book Closure: September 24, 2026 to September 30, 2026 (both days inclusive)
- Remote e-Voting Period: September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM)
- Cut-off Date for Voting: September 23, 2026
- Board Approval Dates: Various meetings including August 14, 2026 for director reappointments
Parties Involved
- Stock Exchanges: BSE Limited, National Stock Exchange of India Limited
- Registrar & Share Transfer Agent: Ankit Consultancy Pvt. Ltd., Indore
- Statutory Auditors: M/s Ajay Paliwal & Co., Chartered Accountants
- Secretarial Auditor: M/s Ronak Jhuthawat & Co., Company Secretaries
- Bankers: IDBI Bank Ltd., The Udaipur Urban Co-Operative Bank Ltd
- Key Management Personnel: Mr. Devendra Sharma (CEO & MD), Mrs. Aruna Doshi (Whole-Time Director), Mr. K.M. Murdia (CFO), Ms. Kalp Shri Vaya (Company Secretary)
Financial and Operational Impact
- The company reported a significant decline in revenue and transition to net loss position due to challenging global trade environment, elevated freight costs, geopolitical tensions, and currency volatility
- No dividend recommended for the year under review
- The company has one associate: Rupal Holdings Private Limited
- Investments include quoted and unquoted equity shares with carrying value of ₹82.59 crores
Capital Structure Impact
- No change in share capital during the year
- No shares with differential voting rights, stock options, sweat equity or warrants issued
- Promoter holding: Mrs. Aruna Doshi (40.09%), Mr. Madhav Doshi (8.25%), Mumal Marketing Pvt. Ltd. (5.92%)
Cash Flow Implications
- Operating cash flow: Negative ₹41.29 lakhs
- Investing cash flow: Positive ₹41.12 lakhs
- Financing cash flow: No significant activity
- Cash and cash equivalents: ₹10.23 lakhs as of March 31, 2026
AGM Resolution Details
Ordinary Business:
1. Adoption of audited standalone and consolidated financial statements for FY 2025-26
2. Re-appointment of Mr. Devendra Sharma as Director liable to retire by rotation
Special Business:
3. Re-appointment of Mrs. Aruna Doshi as Whole-Time Director for 3 years from April 1, 2027
4. Approval of material related party transactions with Madhav Surfaces FZC LLC up to ₹5 crores
5. Continuation of Mr. Devendra Sharma as Managing Director after attaining age of 70 years
Director Remuneration Details
- Mrs. Aruna Doshi: Basic salary ₹50,000/month with performance bonus and perquisites
- Mr. Devendra Sharma: Voluntarily decided not to accept any remuneration during FY 2025-26
- Non-Executive Directors: Sitting fees of ₹50,000 each
Voting Arrangements
- AGM to be held through video conferencing/other audio-visual means
- Remote e-voting facility provided through CDSL
- Scrutinizer: Dr. Ronak Jhuthawat of M/s Ronak Jhuthawat & Co.
- Results to be placed on company website and stock exchange websites
Other Material Information
- The company is primarily engaged in trading of quartz grit, powder and related consumables
- 83.61% of equity shares are held in dematerialized form
- No fraud reported by auditors under Section 143(12) of Companies Act, 2013
- No material orders passed by regulators/courts impacting going concern status
- Company has adequate internal financial controls systems
#Tags: #RajdarshanIndustries #AnnualReport #SEBIDisclosure #AGM2026 #FinancialResults #RegulatoryCompliance #CorporateGovernance #Neutral