Richfield Financial Services has announced its unaudited financial results for the first quarter of fiscal year 2026 (Q1FY26), ending June 30, 2026. The Board of Directors approved the standalone financial statements during a meeting held on August 12, 2026, in Mumbai. The results were reviewed by the company’s statutory auditors, A. John Moris & Co., who issued a limited review report confirming that the statement complies with Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board also addressed several corporate governance matters during the meeting. It approved the notice for the company’s 34th Annual General Meeting (AGM), scheduled for September 24, 2026. Additionally, the Board reviewed the Board’s Report and the Secretarial Audit Report for the financial year 2025-26. To facilitate shareholder participation, National Securities Depository Limited (NSDL) was appointed as the e-voting facilitator, while Aditya Sri Hari & Co. was named as the scrutinizer for the AGM voting process.

A key disclosure accompanying the results pertains to the utilization of funds raised through a preferential allotment of equity shares. The company raised ₹5,39,00,000.00 on March 10, 2026. In its Statement of Deviation or Variation in Utilization of Funds raised under Regulation 32 of the SEBI Listing Regulations, Richfield Financial Services confirmed that there was no deviation or variation in the use of these funds for the quarter ended June 30, 2026. The Audit Committee reviewed this statement during its meeting on August 12, 2026.

The financial results were prepared in accordance with Indian Accounting Standard 34 (Ind AS 34) "Interim Financial Reporting" and other accounting principles generally accepted in India. The review engagement was conducted by Jobin George, Partner at A. John Moris & Co., under Standard on Review Engagement (SRE) 2410 issued by the Institute of Chartered Accountants of India (ICAI). The auditor noted that a review is substantially less in scope than an audit and thus provides less assurance, but nothing came to their attention to suggest material misstatement.

Fund Utilization Details

The following table outlines the status of the funds raised via preferential allotment:

Managing Director Vadasseril Chacko Georgekutty signed off on the disclosures, ensuring compliance with regulatory requirements. The company has also arranged for the release of the unaudited financial results in newspapers as mandated by the Listing Regulations.

Richfield Financial Services has closed its trading window for designated persons and their immediate relatives effective from July 1, 2026. The restriction will remain in force until 48 hours after the conclusion of the board meeting convened to consider and approve the financial results for the quarter ending June 30, 2026. This measure is implemented to ensure compliance with the Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 2015, as well as the company's internal Code of Conduct for Prevention of Insider Trading and Code of Corporate Disclosure Practices.

The company stated that all designated persons and their immediate relatives are strictly advised to refrain from undertaking any transactions involving the company's securities during this closed period. The specific date for the board meeting, where the financial results for Q1FY27 are scheduled to be approved, has not yet been finalized and will be communicated separately.

Key Details of the Closure

The filing was submitted to BSE Limited on June 22, 2026, by Vadasseril Chacko Georgekutty, Managing Director of Richfield Financial Services Limited.