In reference to the captioned subject, we would like to inform you that the Board of Directors of the Company in their Board Meeting held on today i.e. Thursday, February 12, 2026 have ....
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RSC International's board approved unaudited results for Q3 and nine months ended December 31, 2025. The company reported zero operating revenue in Q3 FY26 and a sharp drop in nine-month revenue to Rs. 9.91 lakh from Rs. 88.35 lakh a year ago, an 89% decline. It posted a net loss of Rs. 24.52 lakh for the nine months versus a Rs. 19.74 lakh profit in the same period last year, with a Q3 standalone loss of Rs. 24.16 lakh. The board also approved taking an unsecured loan of up to Rs. 1 crore from promoter and Managing Director Shailesh Agrawal, equal to 100% of annual consolidated turnover, to support working capital. Additionally, the corporate office was shifted to Borivali (W), Mumbai and the books of accounts location changed. The auditor flagged that GST/TDS reconciliation is pending and that the company has incurred cash losses for several years with significant erosion of net worth (negative other equity of Rs. 5.57 crore as of March 2025).
The near-zero revenue, widening losses and auditor's going-concern-style flags (cash losses, negative net worth) signal serious financial stress for shareholders. The promoter loan provides some short-term liquidity but underscores the company's inability to fund itself from operations, raising concerns about future viability.