Aarcon Facilities Limited, formerly known as R B Gupta Financials Ltd., has notified BSE Limited of an upcoming Board of Directors meeting pursuant to Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation, dated May 07, 2026, outlines the agenda and logistics for the scheduled board meeting.

Board Meeting Details

The meeting of the Board of Directors is scheduled for Monday, May 16, 2026, at 11:00 a.m. The board will convene at the company's registered office located at 401, 402, Earth Complex, Opp. Vaccine Institute, Old Padra Road, Vadodara – 390015, Gujarat. The key details of the meeting are summarised below:

Agenda for the Meeting

The Board of Directors is set to deliberate on the following items during the meeting:

• Adoption of Audited Financial Statements for the quarter and year ended March 31, 2026, together with the Auditors' Report thereon by the Statutory Auditors of the Company.
• Any other matter with the permission of the Chair.

The intimation was signed by Bharat Ramchandra Gupta, Managing Director (DIN No. 00547897), on behalf of Aarcon Facilities Limited.

Aarcon facilities Limited has announced its financial results for the quarter ended December 31, 2025, alongside several strategic board decisions including a key directorial appointment and approval of a new residential project. The company's board meeting held on January 20, 2026, addressed multiple business developments and corporate governance matters.

Q3 FY26 Financial Performance

The company reported mixed financial performance for the third quarter of FY26. Total income decreased to ₹15.01 lakhs compared to ₹29.01 lakhs in the corresponding quarter of the previous year, representing a significant decline of 48.26%.

Despite the revenue decline, the company maintained profitability with a net profit of ₹4.78 lakhs, though this was substantially lower than the ₹16.85 lakhs achieved in Q3 FY25. The company's earnings per share stood at ₹0.08 for the quarter.

Board Appointments and Corporate Changes

The board approved the appointment of Mr. Rajendra M Agrawal (DIN: 02650748) as Additional Non-Executive Independent Director effective January 20, 2026. The appointment is subject to member approval at the upcoming general meeting.

Mr. Agrawal brings extensive experience in financial record verification, bank visits, and compliance matters. The board confirmed he has no relationships with existing directors or key management personnel of the company.

New Project Approval and Strategic Initiatives

The board approved the Aarcon Abhyanand Residential Project at RS No. 95/pond 96/p at Karelibaug, Vadodara. This represents a significant expansion into residential development for the company. Additionally, Mr. Rajendra M Agrawal was appointed as Project Manager for this development, with authorization to handle all necessary government-related work.

The company also received board approval to open a separate bank account with Axis Bank Limited, indicating expansion of its banking relationships to support growing business operations.

Regulatory Compliance and Audit Matters

The financial results received an unmodified opinion from statutory auditors V.J. Amin & Co., Chartered Accountants. The audit committee reviewed and the board approved the unaudited financial statements for the quarter ended December 31, 2025. The company confirmed compliance with SEBI regulations and stated that no directors are debarred from holding office by SEBI or other authorities.

The board meeting commenced at 11:00 AM and concluded at 1:00 PM on January 20, 2026, with all decisions taken in accordance with regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.