Outcome of Board Meeting Pursuant to Regulation 30 of SEBI (LODR), Regulations 2015 for the Quarter Ended December 2025
Awaiting price reaction for this filing.
Tacent Projects Ltd (formerly Rahul Merchandising Limited) reported nil revenue from operations for the quarter ended 31 December 2025 and for the nine months of FY26, compared to ₹2.75 lakhs in 9M FY25 and ₹335.44 lakhs for the full FY25 — a complete revenue collapse. The company posted a loss before tax of ₹2.64 lakhs in Q3 FY26 and ₹5.34 lakhs for 9M FY26, slightly better than the ₹8.36 lakh loss in 9M FY25. Total expenses of ₹2.64 lakhs in the quarter were entirely made up of 'other expenses' with no material cost, employee or finance charges. The statutory auditor VSSA & Associates issued an unmodified (clean) limited review opinion on the results.
The company is generating zero operating revenue and continues to report small losses, raising serious questions about its business viability and going concern status. While the company carries no debt, shareholders face the risk of continued value erosion (EPS of -₹0.15 for 9M FY26) until the company identifies and starts a revenue-generating business.