Radhagobind Commercial Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 14/11/2025 ,inter alia, to consider and approve Pursuant to Regulation ....
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Radhagobind Commercial Ltd has informed BSE that its Board meeting is scheduled on 14 November 2025 at 4:00 PM at its Kochi corporate office. The main agenda is to consider and approve the unaudited financial results for the quarter and half year ended 30 September 2025, along with the Limited Review Report of the statutory auditors. Notably, the meeting will be presided over by Mr. Najeeb T P, who has been appointed as the Interim Resolution Professional (IRP) under the Insolvency and Bankruptcy Code (IBC), 2016, following an NCLT order dated 30 October 2025. This indicates the company has been admitted into the Corporate Insolvency Resolution Process (CIRP).
The appointment of an IRP under IBC is a serious red flag — it typically means the company is undergoing financial distress and insolvency proceedings, which could lead to significant restructuring, dilution of existing shareholders, or even liquidation. Shareholders should treat this as high-risk and await the upcoming Q2 results for clarity on the company's financial position.