CRP Risk Management Limited has secured regulatory approval to extend its Annual General Meeting (AGM) for the financial year ended March 31, 2026. The Registrar of Companies (ROC), Mumbai, granted an extension of one month and 15 days, pushing the deadline to November 15, 2026.

The company had applied for the extension on September 8, 2026, citing circumstances that prevented it from holding the meeting by the statutory due date of September 30, 2026. The ROC approved the request vide letter dated September 16, 2026, under Section 96(1) of the Companies Act, 2013.

Regulatory Compliance and Next Steps

The approval allows CRP Risk Management to convene the AGM within the extended timeframe. The company stated it will intimate the specific date of the AGM in due course. Additionally, the Annual Report will be submitted in accordance with Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The ROC order included a directive for the company to ensure careful compliance with the provisions of the Companies Act, 2013, in the future. This disclosure was made under Regulation 30 of the SEBI LODR Regulations, 2015, on September 18, 2026.

CRP Risk Management Limited reported a net loss of ₹124.35 lakh for the financial year ended March 31, 2026, widening from a net loss of ₹0.27 lakh in the previous year. The company recorded total income of ₹484.62 lakh against total expenses of ₹608.97 lakh for the period. The Board of Directors approved the audited financial results at a meeting held on May 28, 2026.

The company's financial position reflects total equity and liabilities of ₹8,782.51 lakh as of March 31, 2026, a decrease from ₹8,915.18 lakh in the prior year. Shareholders' funds stood at ₹5,935.28 lakh, comprising share capital of ₹1,748.49 lakh and reserves and surplus of ₹4,186.79 lakh. Current assets totaled ₹7,207.97 lakh, which included trade receivables of ₹5,018.95 lakh and inventories valued at ₹243.87 lakh.

Auditor's Observations

Statutory auditors RAK Champs & Co. LLP issued a report with emphasis of matter regarding specific financial irregularities. The auditors noted advances paid to suppliers amounting to ₹8.47 crore outstanding at the end of the financial year. Additionally, inventory valued at ₹2.44 crore was identified as slow-moving or obsolete, for which adequate provisions for diminution in value have not been passed.

The audit report also highlighted that the company has been classified as a Non-Performing Asset by State Bank of India and The Wai Urban Co-Operative Bank Ltd. As of March 31, 2026, the company reported outstanding statutory dues, including Tax Deducted at Source (TDS) payable amounting to ₹44.41 lakh.

Key Financial Metrics

The following table summarizes the audited financial results for CRP Risk Management Limited for the year ended March 31, 2026:

Corporate Governance

In addition to the financial results, the Board approved the re-appointment of M/s. S.M. Bhat and Associates as Internal Auditor for the financial year 2026-27. The firm was re-appointed based on the recommendation of the Audit Committee, effective from April 01, 2026. The company confirmed that the financial results were reviewed by the Audit Committee and approved by the Board.