In continuation of our letter dated June 26 , 2025 and pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing the Unaudited ....
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 financial results for Q1 FY26 (quarter ended June 30, 2025). The company reported zero Revenue from Operations but Rs. 983.87 lakh in Other Operating Income, yielding a Profit Before Tax of Rs. 960.17 lakh and Net Profit of Rs. 960.17 lakh, versus a loss of Rs. 7.03 lakh in Q1 FY25. EPS for the quarter stood at Rs. 1.249. The statutory auditor M/s. Rahul S Gupta & Associates issued an unmodified limited review opinion before resigning due to inability to obtain a mandatory peer review certificate, and M/s. Sanjay Chindaliya & Company has been appointed as new statutory auditor for five years (FY26–FY30). The board also approved a proposed change of company name to one of 'Rajasthan Ventures / Multitrading / Tradex / Solutions Limited', adoption of new MOA and AOA, and raising of borrowing/investment limits up to Rs. 500 crore each. The 32nd AGM is scheduled for September 26, 2025 via video conferencing.
Sharp swing to profit and proposed name/business-object changes suggest a strategic pivot away from the original gases business, though the absence of core operating revenue makes sustainability of earnings uncertain. Auditor change mid-year is a governance red flag for shareholders to monitor.