Rajkamal Synthetics Limited has scheduled its 45th Annual General Meeting (AGM) for September 30, 2026. The event will be conducted through Video Conferencing or Other Audio Visual Means, in compliance with Ministry of Corporate Affairs and SEBI regulations.

Meeting Details

The AGM is scheduled to take place on Wednesday, September 30, 2026, at 2:30 pm. The meeting will be deemed held at the company’s registered office in Mumbai. Shareholders holding shares as of the cut-off date, Friday, September 4, 2026, are eligible to participate.

The company has notified BSE Limited regarding the notice of the AGM, which was published in Financial Express and Mumbai Lakshadeep on September 5, 2026.

E-Voting Process

Members can cast their votes through remote e-voting or during the AGM via the National Securities Depository Limited platform. The remote e-voting facility allows shareholders to vote electronically from a location other than the meeting venue.

Login credentials for e-voting will be provided via email to registered members. Those without registered email addresses are requested to update their details with their Depository Participant or the Registrar and Share Transfer Agent, Satellite Corporate Services Private Limited.

Key Dates

Ankur Ajmera, Managing Director and CEO, signed the disclosure filed with the stock exchange.

Rajkamal Synthetics Limited reported a sharp deterioration in profitability for the first quarter of FY26, posting a consolidated net loss of ₹8.52 lakh compared to a net profit of ₹8.24 lakh in Q1FY25. The company’s total income from operations fell 28% year-on-year to ₹105.63 lakh, down from ₹147.25 lakh in the corresponding period last year.

The Board of Directors, chaired by Managing Director & CEO Ankur Ajmera, approved the unaudited financial results at a meeting held on August 13, 2026. The statutory auditors carried out a limited review of the results.

Financial Performance Overview

The company’s standalone performance was weaker than its consolidated figures, reporting a net loss of ₹13.53 lakh for the quarter. Standalone total income from operations was not disclosed as a positive figure in the extract, showing zero or nil income from operations for the quarter ended June 30, 2026, compared to ₹143.36 lakh in Q1FY25.

In the standalone segment, the net loss widened to ₹13.53 lakh from a profit of ₹6.18 lakh in the same quarter last year. The earnings per share (EPS) stood at (₹0.13) on a consolidated basis and (₹0.13) on a standalone basis, reversing the positive earnings of ₹0.12 per share recorded in Q1FY25.

What the Numbers Show

The divergence between consolidated and standalone results highlights the impact of inter-company transactions or subsidiary performance. While the consolidated entity managed to generate ₹105.63 lakh in revenue, the standalone parent company reported no operational income for the quarter. This suggests that the majority of the company’s current revenue generation is occurring at the subsidiary level, or that the parent entity has temporarily halted direct operational sales. The shift from profit to loss across both reporting structures indicates a broader margin compression or cost overrun issue that is not being offset by volume growth.

Balance Sheet and Capital Structure

As of June 30, 2026, the paid-up equity share capital remained unchanged at ₹660.20 lakh. However, the reserves and surplus position deteriorated significantly. The consolidated reserves stood at (₹554.61 lakh), indicating an accumulated deficit that has persisted since the previous fiscal year. The standalone reserves also reflect this accumulated loss position.

The company operates in a single business segment, making segment reporting inapplicable. The results have been prepared in accordance with Ind AS and other recognized accounting practices.