BSEAarcon Facilities LtdHighNeutral
Announced Wed, 12 Nov · 16:20 IST

Un-Audited Financial Results for the quarter ended 30/09/2025

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Aarcon Facilities Ltd (formerly R B Gupta Financials Ltd) submitted its un-audited financial results for Q2 and H1 FY26 (ended 30 September 2025) along with a limited review report from statutory auditor V.J. Amin & Co., which carries an unmodified (clean) opinion. The board also approved forfeiture of 11,73,100 partly paid-up equity shares because the holders failed to pay the allotment money by the due date of 30 August 2025. As a result, total shares outstanding reduced from 59,60,000 to 47,86,900, and promoter holding jumped sharply from 74.48% to 92.73%, while public shareholding fell to just 7.27%, well below the 25% minimum public shareholding (MPS) norm. The company has been given 12 months (until 12 November 2026) to restore MPS compliance. The balance sheet continues to show negative reserves & surplus of about ₹(18.74) lakhs, though cash flow from operations was positive.

Likely market impact

For retail shareholders, the clean auditor opinion is positive, but the forfeiture of shares and the promoter holding rising above 92% are notable. Public shareholders now own less than 8%, triggering MPS non-compliance that the company must fix within a year — this could lead to dilution or share buyback actions that may affect share price and float.