BSERaghuvir Synthetics LtdMediumNeutral
Announced Fri, 6 Feb · 18:49 IST

Please refer attached file

Emphasis Of MatterContingent Liabilities IncreasedResults View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Raghuvir Synthetics' board, meeting on 6 February 2026, approved the unaudited standalone and consolidated financial results for Q3 and nine months ended 31 December 2025. Two new Non-Executive Independent Directors – Mr. Aayush Kamleshbhai Shah and Mrs. Ankita Vivekkumar Shah – were appointed for a five-year term, while Mr. Anup Ramnivas Agarwal's tenure as Independent Director ended on 8 February 2026. The Audit, Nomination & Remuneration, and Stakeholders Relationship Committees were reconstituted effective 7 February 2026 with the new independent directors. The auditor (G.K. Choksi & Co.) flagged an Emphasis of Matter in both review reports, noting that the Directorate General of GST Intelligence (DGGI), Ahmedabad, conducted search operations under Section 67 of the CGST Act, 2017, and the company has deposited Rs 188.00 lakhs under protest pending further communication.

Likely market impact

Board-level changes are routine governance, but the GST search matter and Rs 188 lakh paid under protest is a key risk flag – if DGGI findings turn unfavorable, additional tax liabilities could hit the company beyond the amount already deposited.