RLF Limited reported a net loss of ₹31.60 lakh for the financial year ended March 31, 2026, widening from a loss of ₹22.82 lakh in the previous year. Revenue from operations fell 54.3% to ₹49.31 lakh from ₹108.01 lakh in FY25. The company published the audited standalone financial results in newspapers on May 29, 2026, following approval by its board at a meeting held on May 27, 2026, under Regulation 33 of the Listing Regulations.

Financial Performance

The company’s total revenue for FY26 stood at ₹99.04 lakh, a decline from ₹154.85 lakh in the preceding year. Total expenses increased to ₹130.64 lakh from ₹155.17 lakh. For the quarter ended March 31, 2026, the company reported a net loss of ₹24.14 lakh on revenue of ₹28.89 lakh.

Auditor Observations

Statutory auditors R K Bhalla & Co issued a modified opinion on the results, correcting an earlier announcement that had stated the opinion was unmodified. The report highlighted uncertainties regarding the valuation of a land parcel, which may be affected by green belt or road widening regulations. While an external expert valued the land at ₹4,007.48 lakh as of March 31, 2026, the auditors stated that management may receive a settlement value differing from fair value.

The auditors also drew attention to foreign currency receivables of USD 29,278.89 outstanding beyond the permissible time under FEMA, for which no condonation has been filed. Additionally, the company has delayed payments of statutory liabilities, including TDS of ₹85,242 outstanding for over two years, without recording provisions for interest and penalty.

Liquidity and Capital

The financial statements indicated an excess of current liabilities over current assets of ₹156.57 lakh. Management stated it is taking initiatives, including asset monetization and recovery of dues, to meet obligations. The company’s net worth was reported at ₹2,729.20 lakh. During the year, the company forfeited and cancelled 3,45,423 equity shares due to arrears in call money payments.

RLF Limited has submitted its quarterly compliance certificate to BSE Limited, fulfilling regulatory requirements under SEBI's depositories regulations for the quarter ended March 31, 2026.

Regulatory Compliance Filing

The company filed its certificate under Regulation 74(5) of Securities and Exchange Board of India (Depositories and Participants) Regulations, 2018, on April 16, 2026. Managing Director Aditya Khanna signed the submission, which was addressed to BSE's Department of Corporate Services.

Registrar Confirmation

MUFG Intime India Private Limited, formerly Link Intime India Private Limited, served as the company's registrar and share transfer agent during the quarter. The registrar provided confirmation on April 06, 2026, regarding the proper handling of dematerialized securities.

Swapan Kumar Naskar, Associate Vice-President & Head (North India) at MUFG Intime India, confirmed that:

• Securities received from depository participants for dematerialisation were properly confirmed to depositories
• Security certificates received were mutilated and cancelled after due verification
• Depository names were substituted in the register of members within prescribed timelines
• All securities were listed on stock exchanges where earlier issued securities are listed

Corporate Information

RLF Limited operates from its registered office located at 14 kms. Gurgaon Pataudi Road, Village Jhund Sarai Veeran, District Gurgaon, Haryana. The company trades on BSE under the symbol RLF with scrip code 512618.

The quarterly filing demonstrates the company's adherence to SEBI's regulatory framework governing depositories and participants, ensuring transparency in the handling of dematerialized securities during the quarter ended March 31, 2026.