RPSGVENTNSERPSG VENTURES LIMITEDMediumNeutral
Announced Thu, 21 May · 19:58 IST

RPSG VENTURES LIMITED has informed the Exchange regarding Appointment of Ms. Kusum Dadoo as Non- Executive Independent Director of the company w.e.f. September 23, 2026.

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AI summary

The Board approved re-appointment of Ms. Kusum Dadoo as Non-Executive Independent Director for a second term of 5 years effective September 23, 2026, subject to shareholder approval. The Board also approved continuation of Ms. Dadoo who will turn 75 years old in January 2028, pursuant to SEBI LODR Regulation 17(1A) which requires special approval for independent directors continuing beyond age 75. In the same meeting, the Board took on record audited financial results showing standalone profit after tax of Rs. 180.09 crore for FY26, versus Rs. 148.37 crore in FY25. However, consolidated results showed loss attributable to owners of Rs. 137.98 crore for FY26, primarily due to losses in FMCG and Sports segments despite strong process outsourcing revenue of Rs. 9,887 crore.

Likely market impact

The re-appointment of Ms. Dadoo with age waiver ensures continuity on the board. However, the significant gap between standalone profit (Rs. 180 crore) and consolidated loss (Rs. 138 crore for owners) highlights heavy losses in subsidiary operations that offset standalone profitability.