Outcome of Board Meeting held on 13th February 2026 inter alia to consider and approve the unaudited financial results for the quarter and nine months ended 31st December 2025
Awaiting price reaction for this filing.
The Board of Rathi Graphic Technologies approved the unaudited standalone financial results for the quarter and nine months ended December 31, 2025. The company, which was undergoing Corporate Insolvency Resolution Process (CIRP) since February 2020, had its resolution plan approved by NCLT and new promoters (Surbhika Steels Pvt Ltd and Daga Infrastructure Pvt Ltd) took over management in February-April 2025. Notably, 99% of the existing share capital was cancelled on April 24, 2025 as part of the resolution plan. The company manufactures toner products but operations remain temporarily closed and are still to be revived. Financial results show negligible revenue and continued losses for the period. The statutory auditor (HG & Co.) issued a clean limited review report with no qualifications.
Despite the clean auditor report, the company carries significant going-concern risk as operations are still not revived after the CIRP process. Shareholders faced a 99% share capital cancellation, and the company continues to report losses with minimal revenue. The stock is likely illiquid and highly speculative until operations actually resume.