Outcome of the Board Meeting and Submission of Audited Financial Results for the quarter and financial year ended 31st March, 2026 as required u/r 33 of the SEBI (LODR) Regulations, 2015.
Awaiting price reaction for this filing.
RCC Cements Limited reported a net loss of Rs 28.08 Lac for FY26, more than double the loss of Rs 12.22 Lac in FY25, with virtually zero operating revenue (Rs 0.17 Lac). Total equity stands at Rs 287.22 Lac, down from Rs 315.30 Lac, with negative reserves of Rs 272.98 Lac. The company has no business operations currently and is exploring new business opportunities in consumer electronics, mobile phones and allied products under a new director's guidance. Trading remains suspended on BSE due to delayed listing fees. The statutory auditor issued an unmodified opinion but included an emphasis of matter highlighting no business revenue for a long period and stagnant asset/liability balances. Related party transactions include unsecured loans of Rs 127.02 Lac from Omkam Global Capital Private Limited and key management remuneration.
The company is effectively dormant with no revenue and mounting losses, raising serious going concern issues despite a clean audit opinion. Shareholders face extreme risk as the stock remains suspended and the company explores unrelated diversification into electronics.