Rushil Decor Q1 Results: Earnings call scheduled for Aug 10

1 min read     Updated on 30 Jul 2026, 01:48 PM
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AI Summary

Rushil Decor Limited announced an earnings call for August 10, 2026, to review Q1FY27 financial results. The session will feature key management personnel including MD Rushil Thakkar and CFO Hiren Padhya. The disclosure complies with SEBI LODR Regulation 30 requirements.

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Rushil Decor Limited will host an earnings conference call with analysts and investors on Monday, August 10, 2026, at 3:30 PM IST. The session is scheduled to discuss the company's unaudited standalone and consolidated financial results for the quarter ended June 30, 2026 (Q1FY27). This disclosure is made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The conference call aims to provide stakeholders with insights into the company's financial performance for the initial quarter of the fiscal year. Participants can access the call via universal dial-in numbers or specific regional lines for Hong Kong and Singapore. The schedule is subject to change due to exigencies on the part of the analysts, investors, or the company.

Key Management Representatives

The following executives from Rushil Decor Limited are scheduled to participate in the earnings call:

Name Designation
Rushil Thakkar Managing Director
Keyur Gajjar Chief Executive Officer
Hiren Padhya Chief Financial Officer

Conference Call Details

Investors and analysts can join the call using the provided dial-in numbers. A registration link is also available for participants requiring a Diamond Pass.

Region Dial-In Number
Universal +91 22 6280 1317 / +91 22 7115 8218
Hong Kong 800964448
Singapore 8001012045

Asian Market Securities has been appointed as the call coordinator. Karan Bhatelia serves as the point of contact for coordination matters.

Regulatory Compliance

The intimation was issued on July 30, 2026, by Hasmukh K. Modi, Company Secretary of Rushil Decor Limited. The information has been submitted to both the National Stock Exchange of India Ltd. and BSE Limited. Additional details regarding the conference call are available on the company's official website.

Historical Stock Returns for Rushil Decor

1 Day5 Days1 Month6 Months1 Year5 Years
-1.36%-0.74%+5.70%-10.07%-29.53%-31.90%

How will Rushil Decor's Q1FY27 revenue growth compare to industry peers amidst current fluctuations in raw material costs for the home furnishings sector?

What specific strategic initiatives is management prioritizing to drive margin expansion in the upcoming quarters following this fiscal start?

Are there any indications of accelerated international expansion or new market entries that will impact the consolidated financial results in FY27?

Rushil Decor statutory auditors decline second term appointment

1 min read     Updated on 25 Jul 2026, 04:22 PM
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AI Summary

Rushil Decor Limited announced that its statutory auditors, Pankaj R. Shah & Associates, have declined re-appointment for a second term due to professional commitments. The firm, appointed in September 2021, will complete its tenure after the 2026 AGM. The Board of Directors will initiate the process to appoint a new statutory auditor following regulatory disclosures under SEBI Listing Regulations.

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Rushil Decor Limited disclosed on July 24, 2026, that its statutory auditors, M/s. Pankaj R. Shah & Associates, have declined re-appointment for a second five-year term. The firm, originally appointed via shareholder resolution on September 27, 2021, will continue serving until the conclusion of the company’s forthcoming Annual General Meeting (AGM) scheduled for calendar year 2026. This transition requires the Board of Directors to appoint a new statutory auditor at the upcoming general meeting.

The disclosure was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, read with SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024. Additionally, the company filed Annexure 1 as required by SEBI Master Circular No. HO/49/14/14(7) 2025-CFD-POD2/I/3762/2026 dated January 30, 2026, detailing the change in auditors.

Reasons for Non-Reappointment

In a letter dated July 23, 2026, Pankaj R. Shah & Associates attributed their decision solely to internal professional considerations. The firm cited increasing professional commitments and audit engagements that limit their capacity to devote adequate time to Rushil Decor’s operations in Andhra Pradesh and Karnataka. Partner CA Nilesh Shah confirmed that the decision is not due to any disagreement with management or the Board of Directors regarding audit matters, financial statements, accounting policies, or disclosures.

Audit Tenure and Reporting Details

The outgoing auditors completed their statutory audit for the financial year ended March 31, 2026, submitting their independent auditor’s report on May 29, 2026. Their current term expires upon the conclusion of the 32nd Annual General Meeting. The Board of Directors and Audit Committee are scheduled to review the unwillingness letter and initiate the process for appointing a new statutory auditor.

Particulars Details
Outgoing Auditor Pankaj R. Shah & Associates
Firm Registration No. 107361W
Initial Appointment Date September 27, 2021
Term Duration 5 Years
Last Audit Report Date May 29, 2026
Reason for Exit Professional commitments; logistical constraints

Regulatory Compliance

The filing confirms that there were no concerns raised by the auditor prior to their decision, nor were there any instances where information requested by the auditor was withheld by management. The declaration attached to the disclosure states that the provided information is correct and complete, with no other material reasons for the unwillingness beyond those explicitly stated.

Historical Stock Returns for Rushil Decor

1 Day5 Days1 Month6 Months1 Year5 Years
-1.36%-0.74%+5.70%-10.07%-29.53%-31.90%

Which audit firms are currently being shortlisted by Rushil Decor's Board to replace Pankaj R. Shah & Associates for the upcoming AGM?

How might the transition of statutory auditors impact the timeline and scrutiny of Rushil Decor's financial reporting for FY2027?

Are there any specific regulatory hurdles or additional disclosures required by SEBI when an auditor cites 'professional commitments' rather than disagreements as the reason for non-reappointment?

More News on Rushil Decor

1 Year Returns:-29.53%