Rajeswari Infrastructure Limited has submitted its audited standalone financial results for the quarter and year ended March 31, 2026, reporting a net loss of ₹4.26 lakhs for Q4FY26 and annual loss of ₹13.05 lakhs. The company continues to operate under the oversight of a Monitoring Committee following the conclusion of its Corporate Insolvency Resolution Process (CIRP) on January 13, 2026.

Regulatory Submission and Corporate Governance

The audited financial results were submitted to BSE on May 3, 2026, pursuant to Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The financial statements were approved by the Monitoring Committee on May 1, 2026, with Chairman Sanjay Mehra providing digital authorization.

The company was admitted into CIRP under the Insolvency and Bankruptcy Code, 2016, on May 10, 2023, which suspended the Board of Directors' powers. The resolution plan submitted by Mr. Guruswamy Ramamurthy was approved by the National Company Law Tribunal (NCLT) on January 13, 2026, concluding the CIRP process.

Q4FY26 and Annual Financial Performance Analysis

The quarterly and annual results demonstrate continued operational challenges across all business segments. The company reported total income of ₹0.02 lakhs during Q4FY26, compared to ₹0.03 lakhs in Q3FY26.

Total assets stood at ₹1,302.74 lakhs as of March 31, 2026, while total liabilities amounted to ₹1,393.82 lakhs, resulting in negative capital employed of ₹91.08 lakhs.

Segment-wise Performance Breakdown

The company operates across three business segments: House Construction, Service Apartments, and Offset Printing. All segments continued to report nil revenue from operations in Q4FY26.

Auditor's Disclaimer and Critical Concerns

K M K U & Associates, Chartered Accountants, issued a disclaimer of opinion on the audited financial results, citing inability to obtain sufficient appropriate evidence regarding various financial statement elements. The auditor highlighted several critical concerns that could have material and pervasive impact on the financial statements.

The auditor noted significant departures from accounting standards, including non-recognition of admitted claims as liabilities and continued carrying of potentially irrecoverable deposits. The company has not conducted physical verification of inventories or impairment assessment of tangible and intangible assets.

Cash Flow and Operational Activities

The company's cash flow statement reveals continued operational challenges with net cash outflow of ₹0.56 lakhs from operating activities during FY26. Cash and cash equivalents decreased from ₹15.09 lakhs to ₹14.53 lakhs during the year.

Going Concern Assessment

Despite the challenges, the Monitoring Committee has prepared the financial statements on a going concern basis. The auditor noted that no material uncertainty exists casting doubt over the company's ability to continue as a going concern following the approved resolution plan. The financial statements have been prepared in accordance with Indian Accounting Standard 34 for interim financial reporting and other applicable accounting principles.

Rajeswari infrastructure Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI (Depositories and Participants) Regulations, 2018. The certificate covers the quarter ended March 31, 2026, and was submitted on April 10, 2026.

Regulatory Compliance Submission

The company submitted the mandatory certificate under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018. The certificate was issued by Cameo Corporate Services Limited, which serves as the company's registrar and share transfer agent.

Certificate Confirmation Details

Cameo Corporate Services Limited confirmed several key compliance aspects in their certificate. The registrar verified that securities received from depository participants for dematerialisation during the quarter ended March 31, 2026 were properly confirmed to the depositories. The certificate also confirms that securities comprised in the certificates have been listed on stock exchanges where the company's earlier issued securities are listed.

Additionally, the registrar confirmed that security certificates received for dematerialisation have been mutilated and cancelled after due verification by the depository participant. The names of the depositories have been substituted in the register of members as registered owners within the stipulated time limit under the captioned regulations.

Company Information

Rajeswari Infrastructure Limited operates from Tamil Nadu with its registered office located at Sri Kamakotti Nagar, Pallikaranai Tambaram Kanchipuram. The company's Corporate Identification Number is L72300TN1993PLC024868. Sanjay Mehra serves as Chairman of the Monitoring Committee and signed the submission letter on behalf of the company.

The submission was made to BSE Limited's Corporate Relationship Department at Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai. This quarterly compliance certificate demonstrates the company's adherence to regulatory requirements for proper handling of dematerialised securities and depository operations.