Raghuvir Synthetics Q1 results approved; 2 new IDs join, 2 resign
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 0.3 pts more than Nifty Microcap 250 and 0.4 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
Minute windows have no benchmark: there is no intraday index history to compare against.
Board approved Q1 FY27 (ended 30 Jun 2026) unaudited standalone results. Appointed Ms Hema Advani and Ms Kiran Prajapati as independent directors for 5 years. Two independent directors resigned citing personal reasons. Auditor flagged GST matter: DGGI searched the company, Rs 1.88 crore deposited under protest, and a Rs 3.77 crore demand notice received for FY20-21 and FY21-22. Auditor conclusion not modified.
Director churn and pending GST demand of about Rs 3.77 crore may concern investors. New appointments need shareholder approval.