Please Find Enclosed Herewith Outcome of the Board Meeting For Your Records
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RLF Ltd's Board met on August 13, 2025 and approved standalone unaudited financial results for Q1 FY26 (quarter ended June 30, 2025). Revenue from operations fell sharply to Rs. 12.40 lakhs from Rs. 24.77 lakhs in Q1 FY25, while total revenue dropped to Rs. 20.67 lakhs from Rs. 35.05 lakhs. The company slipped into a loss of Rs. 0.89 lakhs versus a profit of Rs. 4.02 lakhs in the year-ago quarter. The Board also re-appointed M/s. Sumit Bajaj & Associates as Secretarial Auditor and M/s. Pankaj Sachdeva & Co. as Internal Auditor for FY 2025-2026. The auditor's review report included several emphasis-of-matter notes on FEMA non-compliance in receivables, unrevalued land, unbooked interest on related-party loans/borrowings, and unpaid statutory dues.
Negative near-term sentiment likely: revenue halved and the company moved from profit to loss. However, management states net worth remains positive and is pursuing asset monetisation and recovery of dues to support operations. Shareholders should watch for execution on these recovery plans.