Considered and approved change in designation of Mr. Prashant Suresh Agarwal (DIN:10394966) from "Executive Director and Chief Financial Officer to "Whole-time Director and Chief Financial ....
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 reported its Q1 FY26 results alongside several board decisions on August 1, 2025. Revenue from operations fell to ₹804.44 lakh from ₹1,014.43 lakh in the same quarter last year, a drop of about 20.7%. The company posted a net loss of ₹27.43 lakh versus a loss of ₹12.99 lakh a year ago, with basic EPS at ₹(0.27). Mr. Prashant Suresh Agarwal was redesignated from Executive Director and CFO to Whole-time Director and CFO, continuing in the same role until November 27, 2028, subject to shareholder approval. The board also appointed Mr. Tofan Ashok Jena as Internal Auditor for FY 2025-26 and CS Ranjit Binod Kejriwal as Secretarial Auditor for a five-year term (FY 2025-26 to FY 2029-30). No investor complaints were pending at the start or end of the quarter.
Continued quarterly losses and a sharp revenue decline signal ongoing pressure on the business, though the leadership and auditor changes are routine and unlikely to move the stock on their own. Shareholders should watch for any improvement in operating performance in coming quarters.