Rajeswari Infrastructure Appoints Secretarial Auditor for FY 2024-25

1 min read     Updated on 24 May 2026, 03:54 PM
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Rajeswari Infrastructure Limited has appointed M/s. Sulabh Jain & Associates as its Secretarial Auditor for FY 2024-25 following a meeting by its Monitoring Committee on May 19, 2026. This move comes after the company exited CIRP in January 2026 and formed a Monitoring Committee led by Mr. Sanjay Mehra. The appointment ensures compliance with the Companies Act, 2013, and SEBI regulations.

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Rajeswari Infrastructure Limited has appointed M/s. Sulabh Jain & Associates, Company Secretaries, as its Secretarial Auditor for the financial year 2024-25. The decision was made by the Monitoring Committee during its meeting held on May 19, 2026. This appointment is intended to ensure compliance with the Companies Act, 2013, and the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company recently concluded the Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016. The National Company Law Tribunal (NCLT) had admitted the company to CIRP on May 10, 2023, suspending the Board of Directors' powers. A resolution plan submitted by Mr. Guruswamy Ramamurthy was approved by the NCLT on January 13, 2026, effectively concluding the CIRP.

Following the approval of the resolution plan, a Monitoring Committee was constituted to oversee the management and operations of the company. Mr. Sanjay Mehra, the erstwhile Resolution Professional, has been appointed as the Chairman of this committee. The recent appointment of the Secretarial Auditor was carried out by this committee in accordance with regulatory norms.

Appointment Details

The appointment of M/s. Sulabh Jain & Associates is effective from May 19, 2026. The firm will conduct the Secretarial Audit for the financial year 2024-2025. The firm is led by CS Sulabh Jain, a Peer Reviewed Member of the Institute of Company Secretaries of India (ICSI), who holds significant experience in corporate laws, FEMA, SEBI regulations, and secretarial audits.

Particulars Details
Reason for change Appointment to comply with the Companies Act, 2013 and SEBI (LODR) Regulations, 2015
Date of appointment 19.05.2026
Term of appointment Financial Year 2024-2025
Firm M/s. Sulabh Jain & Associates, Company Secretaries
Proprietor CS Sulabh Jain (Membership No: A43607, COP No.: 18254)

The company has communicated this appointment to the stock exchanges, providing the necessary details as required under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure was made by Sanjay Mehra, Chairman of the Monitoring Committee, on May 24, 2026.

Historical Stock Returns for Rajeswari Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
+3.96%+7.42%+6.60%-23.22%+29.23%+18.64%

How will the Monitoring Committee transition management back to a reconstituted Board of Directors, and what is the expected timeline for this governance handover?

What are the key financial and operational milestones outlined in Mr. Guruswamy Ramamurthy's approved resolution plan that investors should track going forward?

Will the secretarial audit findings for FY2024-25 reveal any compliance gaps accumulated during the CIRP period that could pose regulatory risks for the company?

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Rajeswari Infrastructure Reports Audited FY26 Results Under Regulation 47

6 min read     Updated on 07 May 2026, 10:10 PM
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Rajeswari Infrastructure Limited has released its audited standalone financial results for the quarter and year ended March 31, 2026, reporting a total income of ₹0.09 lakhs and a net loss of ₹9.11 lakhs for FY26. The Q4 FY26 net loss stood at ₹4.26 lakhs. The results, approved by the Monitoring Committee, were published in compliance with Regulation 47 of SEBI regulations.

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Rajeswari Infrastructure Limited has published the newspaper advertisement of its audited standalone financial results for the quarter and year ended 31st March 2026, in compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The results were published in Financial Express (English) and Makkal Kural (Tamil) and submitted to the Bombay Stock Exchange Limited. The financial results were approved by the Members of the Monitoring Committee at their meeting held on 01.05.2026 and were signed by Sanjay Mehra, Chairman, Monitoring Committee.

Audited Standalone Financial Results for FY26

For the quarter and year ended 31st March 2026, the company reported total income from operations of ₹0.02 lakhs for the quarter and ₹0.09 lakhs for the full year. The net loss for the quarter ended 31.03.2026 was ₹(4.26) lakhs, while the net loss for the full year FY26 was ₹(9.11) lakhs, consistent across all profit metrics including total comprehensive income. The diluted EPS for the quarter ended 31.03.2026 was ₹(0.08), and for the full year FY26 was ₹(0.16).

Metric: Q4 FY26 (31.03.2026) Audited Q3 FY26 (31.12.2025) Unaudited FY26 Full Year Audited
Total Income from Operations (Net) (₹ Lakhs): 0.02 0.03 0.09
Net Profit / (Loss) before Tax (₹ Lakhs): (4.26) (4.58) (9.11)
Net Profit / (Loss) after Tax (₹ Lakhs): (4.26) (4.58) (9.11)
Total Comprehensive Income (₹ Lakhs): (4.26) (4.58) (9.11)
Equity Share Capital (₹ Lakhs): 553.09 553.09 553.09
Reserves (₹ Lakhs): (47.54) (47.54) (47.54)
Diluted EPS (Rs. 10/- each): (0.08) (0.00) (0.16)

Audited Standalone Financial Results for FY25

For the quarter and year ended 31st March 2025, the company reported total income from operations of ₹5.02 lakhs for the quarter and ₹5.08 lakhs for the full year. The company recorded a net loss across all metrics of ₹(0.03) lakhs for the quarter ended 31.03.2025 and ₹(9.11) lakhs for the full year.

Metric: Q4 FY25 (31.03.2025) Audited Q3 FY25 (31.12.2024) Unaudited FY25 Full Year Audited
Total Income from Operations (Net) (₹ Lakhs): 5.02 - 5.08
Net Profit / (Loss) before Tax (₹ Lakhs): (0.03) (3.09) (9.11)
Net Profit / (Loss) after Tax (₹ Lakhs): (0.03) (3.09) (9.11)
Total Comprehensive Income (₹ Lakhs): (0.03) (3.09) (9.11)
Equity Share Capital (₹ Lakhs): 553.09 553.09 553.09
Reserves (₹ Lakhs): (47.54) (47.54) (47.54)
Diluted EPS (Rs. 10/- each): (0.00) (0.06) (0.16)

Regulatory Compliance and Disclosure

All financial results were prepared in accordance with the recognition and measurement principles laid down in the Indian Accounting Standard (Ind AS 34), prescribed under Section 133 of the Companies Act, 2013. The results were approved by the Members of the Monitoring Committee at their meeting held on 01.05.2026. Figures for previous periods have been regrouped, rearranged, or reclassified wherever necessary. The full format of the quarterly and annual financial results is available on the BSE India website.

Historical Stock Returns for Rajeswari Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
+3.96%+7.42%+6.60%-23.22%+29.23%+18.64%

Given that Rajeswari Infrastructure has been operating under a Monitoring Committee rather than a regular board of directors, what is the timeline and likelihood of the company restoring normal corporate governance structures?

With revenues near zero and persistent annual losses of approximately ₹9.11 lakhs over multiple years, what restructuring or revival plan, if any, is the company pursuing to avoid potential delisting or insolvency proceedings?

How long can Rajeswari Infrastructure sustain its BSE listing obligations given its negligible operational revenue against recurring compliance and administrative costs that appear to be the primary driver of its losses?

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