Radhagobind Commercial Limited has formally intimated the stock exchanges that the Statement of Deviation or Variation under Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 is not applicable for the quarter ended 30 September 2026.
The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, pursuant to an order from the Hon'ble National Company Law Tribunal (NCLT), Kolkata Bench. The order was issued on 30 October 2025 with case number CP (IB)/71/KB/2025.
Mr. Najeeb T P (IBBI Registration No: IBBI/IPA-002/IP-NO1014/2020-2021/13316) has been appointed as the Resolution Professional for the company. As a result of the CIRP, the powers of the Board of Directors stand suspended and are now exercised by the Resolution Professional.
The specific reason for the non-applicability of the deviation statement is that the company has not raised any funds through public issue, rights issue, preferential issue, qualified institutions placement, or any other issue of specified securities that would require monitoring of fund utilization under SEBI regulations.
Accordingly, no Statement of Deviation or Variation is being enclosed with the Unaudited Financial Results for the quarter and half year ended 30 September 2026 that were submitted to the exchanges.
The communication serves as formal intimation to the stock exchanges and requests them to take this information on record.