Crysdale Industries Limited (formerly Relson India Limited) has scheduled its 40th Annual General Meeting for September 28, 2026. The meeting will be held at the company's registered office in Mumbai.

The Board of Directors convened on September 4, 2026, to finalize routine business matters. The company confirmed that the Register of Members and Share Transfer Books will remain closed from September 22, 2026, to September 28, 2026, inclusive. This book closure is necessary to facilitate the AGM process.

Voting rights will be determined based on the paid-up value of shares registered as of the cut-off date, September 21, 2026. Equity shares have a paid-up value of ₹10 each.

Director Re-appointment

The board recommended the re-appointment of Mr. Rajiv Gupta as a director. He retires by rotation and has offered himself for re-election at the ensuing AGM. His term is set to commence on September 28, 2026.

Mr. Gupta brings more than a decade of experience in handling administrative matters to the board. There are no disclosed relationships between him and other directors.

Regulatory Compliance

The disclosures were made in accordance with Regulation 30 and Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Company Secretary and Compliance Officer, Kavita Hitesh Jain, authorized the issuance of the AGM notice. Additionally, the board appointed M/s Nitesh Chaudhary & Associates, Company Secretaries, as the scrutinizer for conducting the voting and poll process.

Crysdale Industries Limited (formerly Relson India) reported a widening loss for the first quarter of FY26, reflecting minimal operational activity. The company posted a standalone net loss of ₹5.18 lakh for the quarter ended June 30, 2026, an increase from the ₹3.40 lakh loss recorded in the corresponding period of FY25.

On a consolidated basis, the loss stood at ₹5.19 lakh, compared to ₹3.42 lakh in Q1FY25. The financial results were approved by the Board of Directors in a meeting held on August 13, 2026, following review by the Audit Committee. Statutory auditors have issued a limited review report on the standalone financial results for the quarter.

Financial Performance

The company’s revenue generation remained negligible during the period. Consolidated revenue from operations was reported at just ₹2.00 lakh. No standalone revenue from operations was disclosed in the filing, indicating that the primary operations may be dormant or conducted through subsidiaries not contributing to standalone top-line figures.

What the Numbers Show

The divergence between standalone and consolidated revenue highlights the company's structural dependency. With standalone revenue at zero and consolidated revenue at merely ₹2.00 lakh, the entity appears to have negligible commercial activity. The widening loss year-on-year, despite near-zero revenue, suggests fixed overheads or administrative costs are outpacing any minor income generated, eroding equity reserves further. The paid-up equity share capital remains unchanged at ₹165.00 lakh.