Raghunath Tobacco Company Limited has confirmed its 32nd Annual General Meeting (AGM) will be held on September 30, 2026. The company notified shareholders of the meeting details and remote e-voting arrangements in a filing dated September 5, 2026.

The notice and annual report for FY26 were dispatched via electronic mode to registered email addresses. For members without registered emails, a letter with the weblink was sent via ordinary post. Physical copies were also sent through the Business Post Center in Delhi.

Director Appointments and Re-appointments

Shareholders will vote on the appointment of Pooja Agrawal (DIN: 11827599) as an Additional Director (Non-Executive, Independent). Her term is set for five years, from September 1, 2026, to August 31, 2031. Agrawal is a Qualified Company Secretary with over five years of experience in compliance and legal affairs. She meets independence criteria under the Companies Act, 2013, and has no relationship with existing directors.

Additionally, Mr. Ajay Kumar Jain (DIN: 00043349) retires by rotation at the AGM. Being eligible, he offers himself for re-appointment as a director.

Board Mandates and Borrowing Powers

The AGM will consider several special resolutions to enhance operational flexibility:

• Borrowing Authority: Approval to borrow up to ₹300 crore, exceeding the aggregate of paid-up capital and free reserves.
• Asset Disposal: Consent to sell, lease, or mortgage assets to secure loans up to ₹300 crore.
• Investments and Loans: Power to make loans, investments, or provide guarantees up to ₹300 crore under Section 186 of the Companies Act.

These mandates aim to support long-term strategic objectives through optimal financing structures.

Related Party Transactions

The Board has approved related party transactions for FY26 with specific entities. Key limits include:

Transactions with Sir Bio Tech India Limited are exempted as they are in the ordinary course of business on an arm's length basis.

AGM Schedule and Voting

National Securities Depository Limited (NSDL) serves as the E-Voting Agency. Remote e-voting will be available from September 27 to September 29, 2026. The Register of Members and Share Transfer Books will remain closed from September 23, 2026, to September 29, 2026.

The meeting will be held at the company's registered office in Kanpur. Shareholders must be on record as of the cut-off date to participate. Members who cast votes via remote e-voting may attend the AGM but cannot vote again. Postal ballot forms are available only at the AGM for those without e-voting access.

RTCL Limited reported a standalone net profit of ₹17.96 lakh for the first quarter of FY27, an increase from ₹12.41 lakh in the corresponding period of FY26. The company’s consolidated net profit rose to ₹21.16 lakh from ₹12.49 lakh in the previous year’s quarter. The improvement in profitability was primarily driven by higher other income, which stood at ₹45.46 lakh, offsetting a decline in operational revenue from its real estate development segment.

The Board of Directors approved the unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, during a meeting held on August 11, 2026. The results were reviewed by the Audit Committee and accompanied by a limited review report from statutory auditors V V G & Co. The filing was made pursuant to Regulation 30 and Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance

Revenue from operations for the standalone entity was nil for the current quarter, compared to nil in the prior quarter and ₹104.88 lakh in Q1FY25. However, total income reached ₹45.46 lakh, largely due to other income. Total expenses decreased to ₹22.01 lakh from ₹27.20 lakh in the preceding quarter. Profit before tax stood at ₹23.45 lakh, down from ₹24.50 lakh in the previous quarter but significantly higher than the ₹123.04 lakh reported in Q1FY25, which included substantial operational revenue.

Earnings per share (EPS) for continuing operations were ₹0.15 basic and diluted for the standalone results, compared to ₹0.10 in the previous quarter. Consolidated EPS stood at ₹0.18 basic.

Segment Analysis

The company operates in multiple segments, with Real Estate Development being the primary reporting segment. Standalone segment revenue from real estate development was ₹15.20 lakh, a slight increase from ₹15.06 lakh in the previous quarter but a sharp decline from ₹119.94 lakh in Q1FY25. The segment reported a loss of ₹2.03 lakh, improving from a loss of ₹7.49 lakh in the prior quarter and contrasting with a profit of ₹98.91 lakh in Q1FY25.

Interest income contributed significantly to the bottom line, totaling ₹30.27 lakh in the standalone statement. Capital employed in the real estate segment remained stable at ₹440.32 lakh. The consolidated capital employed increased to ₹4,533.27 lakh from ₹4,512.11 lakh in the previous quarter.

Auditor Observations

Statutory auditors V V G & Co noted a departure from Ind AS 109 "Financial Instruments." The company recognized non-current investments in equity shares at cost rather than fair value through profit and loss or other comprehensive income. Consequently, the impact on deferred tax and other comprehensive income could not be ascertained. The auditors also highlighted that two associates, Raghunath Builders Private Limited and P.J. Software Private Limited, were included in the consolidated results based on management-furnished data, as their interim statements were not audited. These associates contributed ₹3.20 lakh to the consolidated profit.