Appointment of Secretarial Auditor of the Company.
RRIL · price
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RRIL Limited's board met on August 12, 2025 and approved several items. Q1 FY26 (quarter ended June 30, 2025) consolidated revenue stood at Rs. 30.51 crore with net profit of Rs. 2.48 crore, up from Rs. 2.01 crore in Q1 FY25. Standalone revenue was Rs. 0.73 crore with net profit of Rs. 0.09 crore. The board appointed M/s Shreyans Jain & Co. as Secretarial Auditor for 5 years (FY26–FY30) and M/s Vikas Jain & Associates as Internal Auditor for FY26. The 34th AGM is scheduled for September 15, 2025 via video conferencing. Additionally, the company will acquire up to 59.75 lakh equity shares (50% stake) of Sumati Spintex Private Limited for Rs. 6.05 crore from existing promoters, a related party transaction done at arm's length price.
The Q1 results show modest growth in consolidated profitability. The Sumati Spintex acquisition is a related party deal to integrate yarn manufacturing, which may strengthen the textile vertical but requires shareholder approval at the upcoming AGM. No negative governance signals; auditor appointments are routine.