RSC International Ltd accepts resignation of Company Secretary

1 min read     Updated on 30 Jun 2026, 08:30 PM
scanx
Reviewed by
Anirudha BScanX News Team
AI Summary

RSC International Ltd accepted the resignation of Ms. Ramdulari Saini as Company Secretary and Compliance Officer effective June 30, 2026, due to personal reasons. The company confirmed no other material reasons for the resignation in its regulatory filing.

powered bylight_fuzz_icon
44377238

*this image is generated using AI for illustrative purposes only.

RSC International Ltd has accepted the resignation of Ms. Ramdulari Saini from the position of Company Secretary and Compliance Officer, effective June 30, 2026. The resignation, attributed to personal reasons, was communicated to the stock exchanges pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The company confirmed that the resignation letter was received on June 30, 2026, and is effective from the close of business hours on the same day. In a disclosure to BSE Limited, the company stated that there are no material reasons for the resignation other than those stated in the resignation letter.

Details of the Resignation

The following table outlines the key details regarding the change in the company's compliance officer position:

Sr. No Particulars Description
1. Reason for change Ms. Ramdulari Saini (ACS: A44908) resigned due to personal reasons.
2. Date of Cessation 30-06-2026
3. Brief Profile Not Applicable
4. Disclosure of relationships Not Applicable

The company has attached the resignation letter as part of its regulatory filing. The Managing Director, Shailesh Agrawal, signed the intimation submitted to the exchange on June 30, 2026. The company has requested that the information be placed on record.

Historical Stock Returns for RSC International

1 Day5 Days1 Month6 Months1 Year5 Years
-1.90%+21.64%+43.02%-39.18%-10.86%+827.50%

Who will RSC International appoint as the interim or permanent successor to ensure continuity in compliance and secretarial functions?

Could the resignation of the Compliance Officer lead to any delays in the company's upcoming regulatory filings or disclosures?

What is the timeline for the company to appoint a qualified Company Secretary to meet SEBI's listing obligations?

RSC International FY26 net loss at ₹3,161.25 thousand

1 min read     Updated on 24 May 2026, 04:55 PM
scanx
Reviewed by
Riya DScanX News Team
AI Summary

RSC International reported a widened net loss of ₹3,161.25 thousand for the financial year ended March 31, 2026, compared to ₹2,609.93 thousand in FY25. Total income declined significantly to ₹990.87 thousand from ₹15,600.63 thousand, while total expenses reduced to ₹4,152.13 thousand. The company's equity turned negative, and auditors expressed doubt about its ability to continue as a going concern.

powered bylight_fuzz_icon
40762167

*this image is generated using AI for illustrative purposes only.

rsc international has announced its audited financial results for the quarter and financial year ended March 31, 2026. The Board of Directors approved the results during a meeting held on May 22, 2026. The company reported a significant decline in total income and widened its net loss for the fiscal year.

Financial Performance for FY26

For the financial year ended March 31, 2026, the company reported a total income of ₹990.87 thousand, a sharp decrease from ₹15,600.63 thousand in the previous year. Total expenses for the year stood at ₹4,152.13 thousand, compared to ₹18,210.55 thousand in FY25. Consequently, the net loss for the period widened to ₹3,161.25 thousand from ₹2,609.93 thousand in the prior year.

The basic and diluted earnings per share (EPS) for FY26 were reported at -0.55, compared to -0.45 in the previous year. For the quarter ended March 31, 2026, the company recorded a net loss of ₹709.25 thousand with an EPS of -0.12.

Balance Sheet and Cash Flow

As of March 31, 2026, the company's total assets stood at ₹2,279.70 thousand, down from ₹8,603.82 thousand a year earlier. The equity share capital remained unchanged at ₹5,749.70 thousand, while total equity turned negative at -1,326.71 thousand. Total liabilities were reported at ₹3,606.41 thousand.

The cash flow statement indicated a net decrease in cash and cash equivalents of ₹31.37 thousand for the year. Cash generated from operations was negative at ₹461.22 thousand, while financing activities provided ₹429.86 thousand.

Auditor's Report

The statutory auditors, D G M S & Co., issued a qualified opinion on the standalone financial results. The qualification highlights that the company continues to prepare its accounts on a going concern basis despite an erosion in net worth and the incurrence of cash losses over the last many years. The auditors noted that these conditions cast significant doubt on the company's ability to continue as a going concern.

Historical Stock Returns for RSC International

1 Day5 Days1 Month6 Months1 Year5 Years
-1.90%+21.64%+43.02%-39.18%-10.86%+827.50%

What specific restructuring or turnaround strategies is RSC International's management considering to address the negative equity and reverse the multi-year trend of cash losses?

How might the auditors' going concern qualification impact RSC International's ability to secure future financing or attract new investors?

Could RSC International face potential delisting or regulatory action from stock exchanges given its eroded net worth and persistent losses?

More News on RSC International

Must Read Next

Earnings

Corporate Actions

Stocks

1 Year Returns:-10.86%