Appointed Mr. Ranjit Binoj Kejriwal, Practicing Company Secretary, as Secretarial Auditor for the period of five consecutive years subject to approval of the members at the ensuing Annual ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Raw Edge Industrial Solutions' board, at its August 1, 2025 meeting, approved the standalone unaudited results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations fell sharply to ₹804.44 lakhs from ₹1,014.43 lakhs in the year-ago quarter, a YoY decline of roughly 21%. Total expenses of ₹837.53 lakhs exceeded total income, resulting in a pre-tax loss of ₹31.81 lakhs and a net loss of ₹27.43 lakhs, wider than the ₹12.99 lakh loss in Q1 FY25. EPS stood at ₹(0.273) versus ₹(0.129) earlier. On the governance side, the board appointed Mr. Tofan Ashok Jena as Internal Auditor for FY26, redesignated CFO Prashant Suresh Agarwal as Whole-time Director and CFO, and appointed CS Ranjit Binod Kejriwal as Secretarial Auditor for five years (FY26–FY30), all subject to shareholder approval.
Sharply falling revenue and a widening quarterly loss, alongside a very weak interest service coverage ratio of 0.12, signal continued operational stress for shareholders. The other items (auditor and director changes) are routine governance actions and unlikely to move the stock on their own.