Reetech International approved its board report and secretarial audit for the financial year ended March 31, 2026, during a meeting held on August 25, 2026.

The Board of Directors also decided to convene the company's 18th Annual General Meeting. Additionally, the board considered a proposal to alter the object clause of the memorandum of association by inserting an additional object.

Key Approvals

The meeting, which commenced at 1:00 pm and concluded at 2:00 pm in Raipur, covered several regulatory and governance matters:

• Appointment of M/s Nitin Agrawal & Co as scrutinizer for physical ballot voting in the upcoming AGM.
• Approval of material related-party transactions under the Companies Act, 2013.
• Finalization of the notice for the 18th Annual General Meeting.

Mahendra Ahuja, Managing Director, signed the outcome letter addressed to the Listing Compliance Department of the Bombay Stock Exchange.

Reetech International returned to profitability in the financial year ended March 31, 2026, reporting a consolidated net profit of ₹40.99 lakh, a significant reversal from the net loss of ₹433.51 lakh recorded in the previous year. The standalone financial results for the period also showed a net profit of ₹19.33 lakh, compared to a net loss of ₹25.37 lakh in FY25. The company's Board of Directors approved the audited financial results for the half year and year ended March 31, 2026, during a meeting held on May 27, 2026.

The company has not generated any revenue from its principal business operations during the year under review, which indicates uncertainty regarding the continuation of its existing business activities. Management has represented that Reetech International is exploring and proposing to commence operations in a new line of business relating to dealing in real estate. The financial results have been prepared on a going concern basis based on management's assessment of future business prospects.

Financial Performance

The consolidated total income from operations for the year ended March 31, 2026, stood at ₹188.82 lakh, a decrease from ₹1,330.23 lakh in the previous year. This decline was primarily due to the absence of revenue from operations, which was nil in FY26 compared to ₹1,192.61 lakh in FY25. Other income for the year increased to ₹188.82 lakh from ₹137.61 lakh in the prior year. Total expenses for the year reduced significantly to ₹172.24 lakh from ₹1,357.13 lakh in FY25, driven by the cessation of stock-in-trade purchases.

The profit before tax for the consolidated results was ₹38.24 lakh for FY26, compared to a loss of ₹435.05 lakh in the previous year. This turnaround was supported by a share of profit of ₹21.66 lakh from the associate company, M/s. M Ahuja Project (India) Private Limited, compared to a loss of ₹408.15 lakh in the prior year. The statutory auditors, Jay Gupta & Associates, issued an unmodified opinion on the standalone and consolidated financial results.

Key Financial Metrics (Consolidated)

Board Decisions and Auditor Appointments

During the Board meeting, the directors also approved the re-appointment of M/s PSNV & Associates LLP as the Internal Auditors of the company for the financial year 2026-27. The appointment was made to comply with the Companies Act, 2013, and the requirements under the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The meeting commenced at 02:00 p.m. and concluded at 05:00 p.m.

The company also informed the Bombay Stock Exchange that Regulation 23 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, pertaining to Related Party Transactions, is not applicable as the company does not meet the applicability criteria prescribed under the said regulation. The net worth of the company as per the audited financial statements for the year ended March 31, 2025, was ₹1,485.83 lakh.