Rajdarshan Industries has confirmed that its promoter and promoter group did not create any fresh encumbrances on their shareholdings during the financial year ended March 31, 2026. The disclosure, filed on April 7, 2026, was submitted to the National Stock Exchange of India Ltd. and The Bombay Stock Exchange Ltd. in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. The confirmation was provided by Madhav Doshi, a Director and member of the Promoter Group, on behalf of the stakeholders.

The filing detailed the specific shareholding count for each member of the promoter and promoter group. The total number of shares held by the group stands at 1,978,858. The declaration explicitly states that aside from encumbrances already disclosed in previous financial years, no new charges were created directly or indirectly on these shares during FY26.

Promoter and Promoter Group Holdings

The breakdown of shareholdings provided in the disclosure indicates that Aruna Doshi holds the largest individual stake among the promoters. The remaining shares are distributed among other individuals and private limited entities within the promoter group.

The document was signed by Kalp Shree Vaya, Company Secretary, and Madhav Doshi. The exchanges have been requested to place this information on record.

Rajdarshan Industries Limited reported a consolidated net loss of ₹17.65 lakh for the financial year ended March 31, 2026, reversing the net profit of ₹23.49 lakh recorded in the previous year. The company’s revenue from operations for the year stood at ₹57.38 lakh, a significant decrease from ₹157.28 lakh in FY25. The Board of Directors approved the audited standalone and consolidated financial results for the quarter and year ended March 31, 2026, at its meeting held on May 26, 2026.

For the quarter ended March 31, 2026, the company reported a consolidated net loss of ₹43.77 lakh, compared to a net loss of ₹28.57 lakh in the same quarter of the previous year. Total income for the quarter was negative at ₹-0.03 lakh, primarily due to negative other income of ₹-11.21 lakh. The basic earnings per share (EPS) for the quarter stood at ₹-1.41.

The statutory auditors, M/s. Ajay Paliwal & Co, issued audit reports with an unmodified opinion on the financial results. However, the auditors highlighted that the company has not made any provision for loans and advances amounting to ₹3,90,42,501 which have been outstanding for over three years. The management assessed these balances as recoverable based on ongoing discussions and legal claims filed in court.

Financial Performance

The table below summarizes the key financial metrics for the standalone entity for the year ended March 31, 2026, compared to the previous year:

Corporate Governance Updates

The Board re-appointed Mr. Anil Jain, Partner of M/s Jain Mandowara & Associates, as the Internal Auditor of the company for the financial year 2026-27. The company also disclosed the opening of a new Administrative Office at Third Floor, Mumal Tower, Saheli Marg, Udaipur, effective June 1, 2026. The financial results were prepared in accordance with the recognition and measurement principles of Ind AS 34.

Regulatory Disclosures

As per Regulation 47 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the financial results were published in "Financial Express" and "Jai Rajasthan". The publication was intimated to the National Stock Exchange of India Ltd. and The Bombay Stock Exchange Ltd. on May 28, 2026.