Radha Madhav Corporation Limited's promoters have confirmed that they did not encumber any shares, directly or indirectly, during the financial year ended March 31, 2026. Vijay Patel, a promoter of the company, made the declaration on behalf of the promoter and promoter group in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The disclosure confirms that the shareholding remains free of liens or charges as of the fiscal year-end.

The declaration follows the approval of a Resolution Plan by the Hon'ble NCLT Ahmedabad Bench on August 1, 2022. Pursuant to this plan, the company cancelled its existing capital on September 29, 2022, reducing the total number of shares from 9,12,95,775 to 6,82,185. Consequently, the existing promoter shareholding became NIL. The company has since allotted new shares, which are yet to be listed and dematerialized.

Radha Madhav Corporation Limited has filed Corporate Action Forms with NSDL and CDSL for the reduction of share capital and submitted a listing application to NSE and BSE. While the company has received a temporary ISIN (INE172H01022) from the depositories, listing approval from the stock exchanges is still awaited. Until this approval is granted, the depositories continue to reflect the old shareholding pattern of 9,12,95,775 shares.

The company allotted shares on three specific dates following the resolution plan approval. The breakdown of these allotments is detailed below:

Due to the pending approval of the share capital reduction, the names of the old promoters are still reflected in the shareholding pattern maintained by the depositories. However, as per the Resolution Plan, their shareholding has already become NIL and will automatically update to NIL once the reduction is approved by NSE and BSE.

Radha Madhav Corporation Limited reported a net loss of ₹4.04 million for the financial year ended March 31, 2026, reversing the net profit of ₹0.77 million achieved in the previous fiscal year. The company recorded no revenue from operations during FY26, relying on other income of ₹15.23 million, which declined from ₹32.20 million in FY25. The financial performance indicates a significant contraction in operational income and overall profitability for the period.

The Board of Directors approved the audited standalone financial results for the quarter and year ended March 31, 2026, at a meeting held on May 28, 2026. The statutory auditors, Ajay Shobha & Co., issued an audit report with an unmodified opinion on the results. The meeting, which commenced at 02:00 P.M. and concluded at 04:30 P.M., also took note of the Auditor's Report and a declaration signed by the Director and Chief Financial Officer.

For the quarter ended March 31, 2026, the company reported a net loss of ₹5.37 million, widening from the net profit of ₹7.91 million in the corresponding quarter of the previous year. Total income for the quarter stood at ₹2.06 million, down from ₹32.64 million in the same period last year. Expenses for the quarter were reported at ₹7.43 million, compared to ₹24.73 million in the prior year quarter.

The statement of assets and liabilities as of March 31, 2026, shows total assets at ₹148.92 million, a decrease from ₹175.27 million in the previous year. Total equity reduced to ₹11.10 million from ₹15.14 million, while total liabilities increased to ₹137.82 million from ₹160.13 million. Cash and cash equivalents decreased to ₹4.47 million as of March 31, 2026, from ₹6.39 million a year earlier.

The cash flow statement for FY26 reveals a net decrease in cash and cash equivalents of ₹1.92 million. Cash generated from operations was ₹49.46 million, while cash used in investing activities was ₹0.01 million. Net cash from financing activities was negative at ₹52.29 million, primarily due to borrowings recalled from banks. The company confirmed that there were no outstanding qualified borrowings or incremental qualified borrowings during the financial year.