Rajeshwari Cans Limited reported a net profit of ₹224.17 lakh for the financial year ended March 31, 2026, an increase of 16.9% compared to ₹191.72 lakh in the previous year. Revenue from operations rose to ₹4263.14 lakh from ₹4024.10 lakh in FY25. The Board of Directors approved the audited financial results for the half year and year ended March 31, 2026, at a meeting held on May 30, 2026.

The company’s total income for FY26 stood at ₹4277.99 lakh, up from ₹4026.39 lakh in the previous year. Profit before tax for the year increased to ₹309.34 lakh from ₹280.93 lakh in FY25. Basic earnings per share (EPS) improved to ₹2.14 from ₹1.83 in the corresponding period last year. For the half year ended March 31, 2026, the company recorded a net profit of ₹93.53 lakh on a revenue of ₹2021.50 lakh.

Financial Performance Summary

The board appointed CA Kushan Shah, Proprietor of M/S K D Shah & Co, Chartered Accountant, as the internal auditor for the financial year 2026-2027. The appointment was made in accordance with Section 138 of the Companies Act, 2013. The firm possesses 12 years of experience in Direct Tax Laws, Indirect Tax Laws, and Company Laws. The statutory auditors issued an unmodified opinion on the audited financial results.

Assets and Liabilities

As of March 31, 2026, the company's total assets stood at ₹2725.88 lakh, a decrease from ₹2928.55 lakh in the previous year. Shareholders' funds increased to ₹1424.77 lakh from ₹1200.60 lakh, driven by an increase in reserves and surplus to ₹375.57 lakh from ₹151.40 lakh. The company issued bonus shares during FY25-26 in the ratio of 1:1.

Rajeshwari cans Ltd has announced the resignation of Independent Director Shri Suvidh Kishorkumar Turakhia, effective March 14, 2026. The resignation comes following the completion of his five-year tenure as Independent Director, in accordance with corporate governance requirements.

Regulatory Compliance and Board Changes

The company has filed the necessary intimation with BSE Limited under Regulation 30(2) of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The resignation is attributed solely to the completion of the mandatory five-year term for independent directors.

Company's Acknowledgment

In its official communication to the stock exchange, Rajeshwari Cans Ltd expressed appreciation for the valuable services rendered by Shri Turakhia during his tenure. The company has placed on record its sincere gratitude for his contributions to the organization over the five-year period.

Director's Resignation Letter

Shri Suvidh Kishorkumar Turakhia submitted his formal resignation letter on March 14, 2026, confirming that there are no material reasons for his departure other than the completion of his mandated tenure. The resignation letter was addressed to the Board of Directors and requested the filing of necessary e-forms with the Registrar of Companies.

Regulatory Documentation

The intimation has been made pursuant to SEBI Master Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024. The company has provided complete details of the cessation as required under the regulatory framework, ensuring full compliance with disclosure requirements.

The resignation reflects the company's adherence to corporate governance norms that mandate tenure limits for independent directors, ensuring board refreshment and maintaining independence in corporate oversight.