Rajeswari Infrastructure has scheduled its 33rd Annual General Meeting (AGM) for Tuesday, September 29, 2026. The meeting will convene via video conference to transact business including the approval of new independent directors.

The Board of Directors met on August 29, 2026, to finalize these governance changes for FY26. The company appointed Mr. Dayalan Keerthivasan and Mr. Maniraj Arjunan as independent directors. Both individuals were previously serving as additional directors. Their appointments are subject to shareholder approval at the upcoming AGM.

Board Meeting Outcomes

The Board noted the Annual Report, including the Auditor's Report and Financial Statements for the financial year ended March 31, 2026. The meeting concluded at 12:30 pm after commencing at 11:30 am.

New Independent Directors

Mr. Keerthivasan brings nearly 10 years of experience in agribusiness and supply chain management. He holds a B.Com degree from Loyola College, Chennai. His expertise covers business strategy and technology-led transformation.

Mr. Arjunan has over 15 years of experience across hospitality, real estate, and financial services. He is a postgraduate with a background in international business operations. He currently holds a directorship in M/s. KPA Chits Private Limited but holds no other listed directorships.

Annual General Meeting Details

The event will be held at 4:00 pm via video conference from the registered office in Tamil Nadu. Mr. Vikas Gautam, a practicing company secretary, was appointed as the scrutinizer for the voting process.

The company published newspaper advertisements in Financial Express (English) and Makkal Kural (Tamil) on August 31, 2026, prior to sending notices to members. The Notice and Annual Report for FY25-26 will be sent electronically to members with registered email addresses. Members without registered emails will receive a separate letter with a web link to access the documents.

The documents are also available on the company website and the Bombay Stock Exchange website. The company will provide remote e-voting facilities and e-voting during the AGM. Detailed procedures for voting will be provided in the notice.

Rajeswari Infrastructure Limited reported a widening net loss of ₹27.86 lakh for the quarter ended June 30, 2026, marking a sharp deterioration from the ₹3.02 lakh loss recorded in the prior quarter ended March 31, 2026. The company logged nil income from operations for the current quarter, continuing a pattern of minimal revenue generation seen in recent periods.

The Board of Directors approved the unaudited standalone financial results at a meeting held on August 14, 2026. The results were reviewed by the audit committee on August 13, 2026. The company published the results in Financial Express and Makkal Kural pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

The company’s financial position reflects continued operational challenges. Total income from operations was nil for Q1FY27, compared to ₹0.03 lakh in Q4FY26 and ₹0.09 lakh for the full year ended March 31, 2026. The absence of operational revenue contributed to the expanded net loss.

Earnings per share stood at negative ₹0.50 for the quarter, down from negative ₹0.05 in the previous quarter. For the full fiscal year FY26, the company reported an annual net loss of ₹13.05 lakh.

What the Numbers Show

The divergence between the near-zero revenue and the expanding net loss highlights significant fixed cost burdens or non-operational expenses impacting the bottom line. With total comprehensive income mirroring the net loss at ₹27.86 lakh, there were no other comprehensive income items to offset the deficit. The company’s reserves remain deeply negative at ₹(644.15 lakh), indicating accumulated historical losses that outweigh its paid-up equity capital of ₹553.09 lakh. This balance sheet structure suggests the company is operating with a deficit in net worth, relying entirely on equity capital to absorb current period losses without additional reserve buffers.