Rajeswari Infrastructure Submits Newspaper Advertisement for Q3 FY26 Financial Results to BSE

1 min read     Updated on 07 May 2026, 08:46 PM
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Rajeswari Infrastructure Limited submitted its newspaper advertisement of unaudited standalone financial results for the quarter ended 31st December 2025 to the BSE on 07.05.2026, in compliance with Regulation 47 of the SEBI (LODR) Regulations, 2015. The advertisement was published in Financial Express (English) and Makkal Kural (Tamil). The filing was signed by Sanjay Mehra, Chairman of the Monitoring Committee, from Delhi.

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Rajeswari Infrastructure Limited has filed a regulatory submission with the Bombay Stock Exchange (BSE), informing the exchange of its newspaper advertisement publication pertaining to the unaudited standalone financial results for the quarter ended 31st December 2025. The submission was made pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and was dated 07.05.2026.

Regulatory Submission Details

The company addressed its communication to the Department of Corporate Services, Bombay Stock Exchange Limited, Pheroze Jeejeebhoy Tower, Dalal Street, Fort, Mumbai — 400001. The filing confirms that the newspaper advertisement of the unaudited standalone financial results for the quarter ended 31st December 2025 was duly published in compliance with applicable SEBI regulations.

Key details of the submission are outlined below:

Parameter: Details
Submission Date: 07.05.2026
Place of Submission: Delhi
Quarter Covered: Quarter ended 31st December 2025
Results Type: Unaudited Standalone Financial Results
Regulation: Regulation 47, SEBI (LODR) Regulations, 2015
Signed By: Sanjay Mehra, Chairman, Monitoring Committee
Exchange: Bombay Stock Exchange Limited

Newspaper Publications

In accordance with the regulatory requirement, the advertisement was published in the following two newspapers:

  • Financial Express (English Language)
  • Makkal Kural (Tamil Language)

Copies of both newspaper publications were enclosed along with the submission to the BSE.

Company Information

Rajeswari Infrastructure Limited is registered under CIN L72300TN1993PLC024868, with its registered office located at No. 284 & 285, Sri Kamakotti Nagar, 3rd Main Road, Pallikaranai Tambaram Kanchipuram, Tamil Nadu — 600100. The company can be reached via email at Rajeswari.cirp@gmail.com .

The submission underscores the company's adherence to its disclosure obligations under the SEBI framework, ensuring timely and transparent communication of its financial results to stakeholders and the investing public.

Historical Stock Returns for Rajeswari Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+1.23%-5.52%-18.77%+19.48%+10.78%

What do Rajeswari Infrastructure's unaudited standalone financial results for Q3 December 2025 reveal about its revenue trajectory and profitability amid its ongoing CIRP (Corporate Insolvency Resolution Process)?

How might the involvement of a Monitoring Committee, rather than a regular board of directors, impact investor confidence and the company's ability to attract potential resolution applicants?

Given the company's CIRP status indicated by its email address, what is the current timeline and likelihood of a successful resolution plan being approved for Rajeswari Infrastructure?

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Rajeswari Infrastructure Reports Multi-Period Results, Files Regulation 47 Newspaper Ads

4 min read     Updated on 07 May 2026, 08:42 PM
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Rajeswari Infrastructure Limited submitted Regulation 47 newspaper advertisements for multiple quarterly and annual financial results, published in Financial Express and Makkal Kural. The company reported a consistent pattern of minimal revenues and recurring losses, with FY26 full-year net loss at ₹9.11 lakhs on total income of ₹0.09 lakhs, mirroring FY25 performance. All results were approved by the Monitoring Committee on May 1, 2026, under the oversight framework established after NCLT approved the resolution plan on January 13, 2026.

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Rajeswari Infrastructure Limited has submitted newspaper advertisements of its unaudited and audited standalone financial results for multiple reporting periods to the Bombay Stock Exchange, pursuant to Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The advertisements were published in Financial Express (English) and Makkal Kural (Tamil), with the submission signed by Sanjay Mehra, Chairman of the Monitoring Committee, on May 7, 2026. All financial results were approved by the Monitoring Committee at its meeting held on May 1, 2026.

Regulatory Compliance and Governance

The financial results span several quarters and were prepared under the oversight of a Monitoring Committee constituted following the company's exit from Corporate Insolvency Resolution Process (CIRP). The National Company Law Tribunal (NCLT) approved a resolution plan submitted by Mr. Guruswamy Ramamurthy on January 13, 2026, concluding the insolvency process that commenced on May 10, 2023. Mr. Sanjay Mehra, who served as the Resolution Professional during CIRP, was appointed as Chairman of the Monitoring Committee overseeing implementation of the resolution plan.

Development Details
CIRP Commencement May 10, 2023
Resolution Plan Approval January 13, 2026
Successful Resolution Applicant Mr. Guruswamy Ramamurthy
Monitoring Committee Chairman Mr. Sanjay Mehra
Results Approved by Committee May 1, 2026
Regulation 47 Submission Date May 7, 2026
Newspapers Published Financial Express, Makkal Kural

Q2 FY26 Financial Performance

For the quarter ended September 30, 2025, the company recorded no meaningful revenue from operations, with total income of nil against total income of ₹0.01 lakhs in Q2 FY25. Total expenditure of ₹3.05 lakhs comprised primarily depreciation and amortization expenses of ₹2.80 lakhs and other expenditure of ₹0.25 lakhs.

Metric Q2 FY26 Q2 FY25 Half Year FY26
Total Income - 0.01 0.03
Net Loss (Before Tax) (3.05) (3.03) (6.07)
Net Loss (After Tax) (3.05) (3.03) (6.07)
Basic EPS (₹) (0.06) (0.05) (0.11)

All figures in lakhs except EPS

Multi-Period Financial Summary

The company's financial results across multiple reporting periods reflect a consistent pattern of minimal revenues and recurring losses, as the business continues to operate under Monitoring Committee oversight. The full year FY26 net loss stood at ₹9.11 lakhs on total income of ₹0.09 lakhs, mirroring the FY25 full-year net loss of ₹9.11 lakhs.

Period Total Income (₹ lakhs) Net Loss (₹ lakhs) Diluted EPS (₹)
Q1 FY26 (Jun 2025) 0.03 (3.02) (0.05)
Q2 FY26 (Sep 2025) - (3.05) (0.06)
Q3 FY26 (Dec 2025) 0.03 (4.58) (0.00)
Q4 FY26 (Mar 2026) 0.02 (4.26) (0.08)
FY26 (Full Year) 0.09 (9.11) (0.16)
Q2 FY25 (Sep 2024) 0.01 (3.08) (0.06)
Q4 FY25 (Mar 2025) 5.02 (0.03) (0.00)
FY25 (Full Year) 5.08 (9.11) (0.16)

All figures in lakhs except EPS

Balance Sheet Position

The company's financial position as of September 30, 2025, shows total assets of ₹1,308.94 lakhs against total equity and liabilities of the same amount. The equity structure includes paid-up share capital of ₹553.09 lakhs, while other equity stands at negative ₹637.17 lakhs. Reserves (excluding revaluation reserve) remained at negative ₹47.54 lakhs across all reported periods.

Asset Category Amount (₹ lakhs)
Property, Plant & Equipment 495.52
Inventories 294.96
Cash & Cash Equivalents 15.11
Short Term Loans & Advances 351.58
Total Assets 1,308.94

Auditor's Disclaimer and Key Concerns

K M K U & Associates, the company's statutory auditors, issued a disclaimer of opinion on the financial results, citing multiple significant concerns that prevented them from obtaining sufficient appropriate audit evidence. The auditors highlighted several critical issues:

  • CIRP Liabilities: Claims admitted during CIRP totaling ₹35,34,04,463.00 were classified as contingent liabilities rather than recognized liabilities, representing a departure from accounting standards
  • Asset Verification: Physical verification of inventories and tangible assets could not be completed due to various constraints
  • Going Concern Assessment: While prepared on a going concern basis, the auditors reserved comments on the appropriateness of this assumption

Segment Performance

The company operates across three business segments: construction and infrastructure, printing and graphics division, and service apartments. All segments reported losses for Q2 FY26, with segment-wise results as follows:

Segment Q2 FY26 Loss (₹ lakhs)
House Construction (0.41)
Service Apartments (1.65)
Offset Printing (0.50)
Unallocable (0.24)

All three business segments continue operations under the new governance structure, with the Monitoring Committee overseeing the implementation of the resolution plan until the defined closing date. The financial statements across all periods have been prepared in accordance with Indian Accounting Standard (Ind AS 34) under Section 133 of the Companies Act, 2013.

Historical Stock Returns for Rajeswari Infrastructure

1 Day5 Days1 Month6 Months1 Year5 Years
0.0%+1.23%-5.52%-18.77%+19.48%+10.78%

How does Mr. Guruswamy Ramamurthy plan to operationally revive Rajeswari Infrastructure's three business segments to generate meaningful revenue, given the company recorded only ₹0.09 lakhs in total income for FY26?

What is the timeline for the Monitoring Committee to conclude its oversight role, and what governance structure will replace it once the resolution plan implementation reaches its defined closing date?

How will the company address the ₹35.34 crore in CIRP-admitted claims currently classified as contingent liabilities, and could their formal recognition materially impact the balance sheet and going concern status?

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