Raconteur Global Resources exempt from related party disclosures for half year ended March 31, 2026

1 min read     Updated on 03 Jun 2026, 07:48 PM
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Raconteur Global Resources Limited is exempt from related party transaction disclosures for the half year ended March 31, 2026, as it is listed on the SME Exchange. The company cited Regulation 15 of the SEBI Listing Regulations, which exempts SME-listed entities from provisions including Regulation 23(9). The filing was submitted to BSE Limited on June 3, 2026.

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Raconteur Global Resources Limited is not required to disclose related party transactions for the half year ended March 31, 2026, due to its listing status. The company submitted a filing to BSE Limited on June 3, 2026, citing Regulation 23(9) read with Regulation 15 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The notification specifies that because the entity is listed on the SME Exchange, certain provisions of the Listing Regulations do not apply. Consequently, the company is exempt from the disclosure requirements mandated under Regulation 23(9) for the specified period.

Regulatory Exemptions

The filing outlines that the company's listing on the SME Exchange renders several regulations inapplicable. These include Regulations 17, 17A, 18, 19, 20, 21, 22, 23, 24, 24A, 25, 26, 26A, and 27. Additionally, specific clauses of Regulation 46 and paragraphs of Schedule V are not applicable.

Applicable Regulations

Regulation Description
Regulation 15 Specifies exemptions for companies listed on SME Exchange
Regulation 23(9) Mandates disclosures for related party transactions
Listing Regulations SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Surinder Kalra, Whole Time Director, signed the disclosure confirming the company's compliance status regarding these exemptions.

Historical Stock Returns for Raconteur Global Resources

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+3.45%-2.28%+14.50%+24.48%+94.81%

How might investors perceive the lack of transparency regarding related party transactions for companies listed on the SME Exchange?

Could SEBI consider tightening regulations for SME listings to enhance disclosure requirements and investor protection?

What impact might this exemption have on the valuation and liquidity of Raconteur Global Resources Limited's stock?

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Raconteur Global Resources reports net loss for FY26

2 min read     Updated on 31 May 2026, 12:54 AM
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Raconteur Global Resources Limited reported a standalone net loss of ₹674.76 lakh for FY26 against a net profit of ₹16.42 lakh in FY25. Revenue from operations rose to ₹299.83 lakh. The statutory auditors issued a qualified opinion. The Board approved the appointment of a Secretarial Auditor.

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Raconteur Global Resources Limited reported a standalone net loss of ₹674.76 lakh for the financial year ended March 31, 2026, compared to a net profit of ₹16.42 lakh in the previous year. Revenue from operations for FY26 stood at ₹299.83 lakh, while total revenue was ₹783.73 lakh. The company's Board of Directors approved the standalone and consolidated audited financial results for the half year and financial year ended March 31, 2026, at a meeting held on May 30, 2026.

The statutory auditors, M/s Kapil Sandeep & Associates, issued an audit report with a qualified opinion on the audited financial results. The Board also took note of the audit report issued by the statutory auditors. Additionally, the Board approved the appointment of Mr. Shailendra Kumar Roy, Proprietor of M/s Shailendra Roy & Associates, as the Secretarial Auditor for the financial year 2025-26, based on the Audit Committee's recommendation.

Financial Performance

The company reported a total expense of ₹1,457.39 lakh for the year ended March 31, 2026. Finance costs for the period were ₹290.97 lakh, significantly higher than the ₹0.25 lakh recorded in the previous year. Other expenses also rose to ₹896.41 lakh from ₹20.55 lakh in FY25. The basic earnings per share (EPS) for the year was a loss of ₹8.44, compared to a profit of ₹0.31 in the prior year.

Metric FY26 (₹ in Lacs) FY25 (₹ in Lacs)
Revenue from Operations 299.83 50.00
Total Revenue 783.73 50.74
Total Expenses 1,457.39 34.32
Net Profit / (Loss) (674.76) 16.42
Basic EPS (8.44) 0.31

Consolidated Results

On a consolidated basis, the company reported a net loss of ₹2,133.96 lakh for FY26. Revenue from operations was ₹372.06 lakh, and total revenue stood at ₹795.83 lakh. Total expenses for the consolidated entity were ₹2,928.68 lakh. The consolidated results also include a loss on the sale of fixed assets amounting to ₹1,324.15 lakh. The basic EPS on a consolidated basis was a loss of ₹23.75 for the year.

Regulatory Disclosures

The company confirmed that there were no outstanding defaults on loans or debt securities as of the reporting date. It also stated that there was no deviation in the utilization of funds raised through preferential issues on March 18, 2026. The total amount raised was ₹10,32,74,955, which has been fully utilized for the allotted objects. The trading window for designated persons remains closed until 48 hours after the announcement of the financial results.

Historical Stock Returns for Raconteur Global Resources

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+3.45%-2.28%+14.50%+24.48%+94.81%

What specific measures will management implement to curb the drastic surge in 'other expenses' and finance costs?

How does the company plan to address the issues raised in the qualified audit opinion to restore financial credibility?

Will the company need to raise additional capital to sustain operations given the consolidated net loss of over ₹2,133 lakh?

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