Outcome of Board Meeting dated 14th November, 2025
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RSC International Ltd's Board met on November 14, 2025, and approved two key items. First, unaudited financial results for Q2 FY26 and the half year ended September 30, 2025: Q2 revenue was nil, while H1 FY26 total income stood at just Rs. 9.91 lakhs versus Rs. 67.65 lakhs in H1 FY25 — a sharp revenue decline. The company swung from a profit of Rs. 7.95 lakhs in H1 FY25 to a loss of Rs. 0.42 lakhs in H1 FY26, with EPS at Rs. (0.01). Second, Ms. Ramdulari Saini (ACS 44908) was appointed as Company Secretary & Compliance Officer effective the same day. The auditor's limited review report flagged GST/TDS reconciliation pending, recurring cash losses over several years, and an erosion of net worth (other equity at Rs. (557.04) lakhs). Total assets have shrunk sharply to Rs. 34.03 lakhs from Rs. 86.04 lakhs as of March 2025.
The financial picture is weak — revenue has collapsed, the company is loss-making, and the auditor has flagged going-concern-style risks including cash losses and negative net worth. The Company Secretary appointment is routine and not material. For shareholders, this is a small, thinly-traded stock with deteriorating fundamentals and no near-term catalyst.