Radaan Mediaworks India Limited has informed the Exchange regarding Outcome of Board Meeting held on February 13, 2026.
RADAAN · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The board approved unaudited standalone and consolidated financial results for Q3 and 9 months ended December 31, 2025. Standalone revenue for 9M FY26 collapsed to Rs. 472.11 lakhs from Rs. 2,057.97 lakhs in 9M FY25, a drop of roughly 77%. The company reported a net loss of Rs. 99.34 lakhs in Q3 FY26 (vs Rs. 78.12 lakhs loss in Q3 FY25) and Rs. 401.29 lakhs loss for 9M FY26, turning from a small profit a year ago into a deep loss. The statutory auditor SRSV & Associates issued a Qualified Conclusion, flagging material uncertainty on going concern – net worth has been fully eroded, current liabilities exceed current assets, and undisputed statutory dues of Rs. 358.33 lakhs remain unpaid. Separately, Company Secretary and Compliance Officer Mr. Balaji Gandla resigned effective February 14, 2026, citing personal reasons.
This is a deeply negative filing for shareholders. The auditor's going-concern qualification, fully eroded net worth, and steep revenue decline raise serious questions about the company's financial viability and could weigh heavily on the stock. The sudden exit of the Compliance Officer adds a short-term governance overhang.