Real Growth Corporation has accepted the resignation of Deepak Gupta as Whole Time Director, effective close of business hours on August 6, 2026. The company disclosed that Gupta, a Key Managerial Personnel, tendered his resignation due to personal health reasons. This leadership change impacts the executive structure of the Delhi-based firm, which operates in the real estate and infrastructure sectors.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing was submitted to BSE Limited on August 6, 2026, by Kunal Jain, the Company Secretary and Compliance Officer. The resignation letter, dated July 4, 2026, formally requested the Board of Directors to relieve Gupta of all duties, responsibilities, and obligations attached to the office.

Resignation Details

The following table outlines the specific details of the resignation as per the regulatory filing:

Gupta’s DIN (Director Identification Number) is 01890274. As a Key Managerial Personnel, his exit requires immediate statutory filings with the Registrar of Companies and other relevant regulatory authorities, as mandated under the Companies Act, 2013.

Regulatory Compliance

The company confirmed that all necessary e-forms will be filed to give effect to the resignation in accordance with applicable laws. The disclosure aligns with Schedule III – Para A clause 7C of Part A of the SEBI Listing Regulations and the Master Circular dated July 11, 2023. No relationships between directors or other disclosures required by BSE Circular LIST/COMP/14/2018-19 or NSE Circular NSE/CML/2018/24 were applicable in this instance.

What This Means for Stakeholders

The departure of a Whole Time Director represents a significant change in the company’s key management team. For investors and stakeholders, this signals a transition in operational leadership. While the reason cited is personal health, the absence of a named successor in the immediate filing suggests the Board may be considering internal promotions or external appointments to fill the vacancy. The market impact is likely neutral unless the role was critical to ongoing strategic projects, which has not been specified in the current disclosure.

Real Growth Corporation reported a net profit of ₹77.49 lakh for the financial year ended March 31, 2026, a sharp decline from ₹727.65 lakh in the previous year. The company's revenue from operations for FY26 stood at ₹26.00 lakh, compared to ₹380.45 lakh in FY25. The board approved the audited standalone financial results prepared as per IND-AS during its meeting held on May 25, 2026. The audited financial results were published in Financial Express (English) and Jansatta (Hindi) on May 27, 2026, pursuant to Regulation 30 read with Regulation 47(1)(b) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

For the quarter ended March 31, 2026, the company recorded a net profit of ₹85.19 lakh, a turnaround from the net loss of ₹7.74 lakh in the preceding quarter ended December 31, 2025. Total income for the quarter was ₹185.26 lakh, while total expenses amounted to ₹56.49 lakh. The basic and diluted earnings per share (EPS) for the quarter were reported at ₹2.13.

Auditor's Report

M/s A D Gupta And Associates, Chartered Accountants, audited the standalone financial statements and issued an unmodified opinion. The auditors noted that the company has not been regular in depositing certain undisputed statutory dues, including GST and TDS, as of March 31, 2026. The report also highlighted a key audit matter regarding a refund receivable from a group company, M/s Rajesh Projects (India) Pvt. Ltd., which is under the supervision of an Interim Resolution Professional.