Please find Enclosed the Revised Outcome of the Board Meeting dated 27.05.2026 along with the Financial Results for the FY 31st March 2026
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
RLF Ltd has filed revised financial results for FY2026 after correcting a clerical error. The statutory auditors M/s RK Bhalla & Co. issued a Qualified Opinion due to uncertainty in land valuation (Rs. 4,007.48 lakhs), as the land may be affected by green belt or road widening regulations. Total revenue declined significantly to Rs. 99.04 lakhs from Rs. 154.85 lakhs in the previous year. The company reported a net loss of Rs. 31.60 lakhs for the year. Additional concerns include receivables of USD 29,278.89 outstanding beyond FEMA permissible time, TDS default of Rs. 85,242 outstanding for over 2 years, and current liabilities exceeding current assets by Rs. 156.57 lakhs.
The qualified audit opinion and multiple going concern indicators (losses, liquidity issues, FEMA compliance issues) signal elevated risk for shareholders. The stock on BSE (Scrip: 512618) may face negative sentiment due to financial distress and auditor concerns.