Mayank Goyal Acquires 4.25% Stake in Real Growth Corporation Limited

1 min read     Updated on 19 Nov 2025, 05:40 PM
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Overview

Mayank Goyal, son of promoter Rajesh Goyal, has acquired a 4.25% stake (1,70,000 shares) in Real Growth Corporation Limited through an off-market transaction on November 17, 2025. This acquisition increases Mayank Goyal's total stake (including Persons Acting in Concert) from 29.18% to 33.43%. The company, with a paid-up equity share capital of INR 4,00,00,000, has disclosed this information in compliance with SEBI regulations.

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Real Growth Corporation Limited (RGCL) has reported a significant change in its shareholding structure. Mayank Goyal, son of promoter Rajesh Goyal, has acquired a substantial stake in the company through an off-market transaction.

Key Details of the Acquisition

Aspect Details
Acquirer Mayank Goyal
Relationship to Company Son of promoter Rajesh Goyal
Number of Shares Acquired 1,70,000
Percentage of Stake 4.25%
Mode of Acquisition Off-market transaction
Date of Acquisition November 17, 2025

Impact on Shareholding

The acquisition has notably altered the company's shareholding pattern:

Shareholder Pre-Acquisition Stake Post-Acquisition Stake
Mayank Goyal (Individual) 0.00% 4.25%
Mayank Goyal (with Persons Acting in Concert) 29.18% 33.43%

Company Information

Real Growth Corporation Limited has a paid-up equity share capital of INR 4,00,00,000. This consists of 40,00,000 fully paid-up equity shares, each with a face value of INR 10.

Regulatory Compliance

The company has disclosed this acquisition in compliance with Regulation 29(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. This disclosure ensures transparency in the company's ownership structure and keeps shareholders and potential investors informed about significant changes.

This acquisition by a promoter's son may be seen as a sign of confidence in the company's future prospects. However, investors should conduct their own research and consider various factors before making any investment decisions based on this development.

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Real Growth Corp Reports Significant Revenue Decline and Quarterly Loss

1 min read     Updated on 02 Aug 2025, 03:57 PM
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Reviewed by
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Overview

Real Growth Corporation Limited announced its Q1 FY2026 results, showing a major decline in performance. Revenue from operations fell to Rs 26.00 lakhs from Rs 380.45 lakhs in the previous quarter. The company reported a net loss of Rs 20.92 lakhs, compared to a profit of Rs 738.64 lakhs in Q4 FY2025. Total income decreased to Rs 100.45 lakhs from Rs 702.46 lakhs. Basic EPS turned negative at Rs 0.52. The company's trading suspension by BSE was revoked on June 25, 2024. Despite the downturn, Real Growth Corp maintains a stable financial position with no outstanding defaults on loans or debt securities.

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Real Growth Corporation Limited (formerly Real Growth Commercial Enterprises Limited) has announced its standalone unaudited financial results for the quarter ended June 30, 2025, revealing a substantial decline in revenue and a shift to net loss.

Financial Performance Highlights

The company reported a significant drop in revenue from operations, which stood at Rs 26.00 lakhs for the quarter, a stark contrast to Rs 380.45 lakhs in the previous quarter and the same quarter last year. The total income for the quarter was Rs 100.45 lakhs, down from Rs 702.46 lakhs in the preceding quarter.

Real Growth Corp recorded a net loss of Rs 20.92 lakhs for the quarter, a considerable downturn compared to a profit of Rs 738.64 lakhs in the previous quarter and Rs 68.66 lakhs in the same quarter last year. This shift resulted in negative basic earnings per share of Rs 0.52, compared to a positive Rs 18.47 in the previous quarter.

Key Financial Metrics

Particulars (in lakhs) Q1 FY2026 (June 30, 2025) Q4 FY2025 (March 31, 2025) Q1 FY2025 (June 30, 2024)
Revenue from Operations 26.00 380.45 380.45
Total Income 100.45 702.46 27.06
Net Profit/(Loss) (20.92) 738.64 68.66
Basic EPS (in Rs) (0.52) 18.47 1.72

Corporate Updates

The company's Board of Directors meeting, held on August 2, 2025, approved these financial results. Notably, Real Growth Corp's trading suspension by the Bombay Stock Exchange (BSE) was revoked on June 25, 2024, after the company had been previously listed as a shell company.

Financial Position

Real Growth Corp maintains a paid-up equity share capital of Rs 400.00 lakhs. The company reported no outstanding defaults on loans or debt securities, indicating a stable financial position despite the recent performance downturn.

Auditor's Observations

The limited review report by AD Gupta and Associates, Chartered Accountants, noted that the company has adopted Indian Accounting Standards (Ind AS) for the financial year commencing from April 1, 2017. The auditors did not express any qualifications or concerns regarding the financial results.

As Real Growth Corp navigates through this challenging quarter, investors and stakeholders will be closely monitoring the company's strategies to reverse the revenue decline and return to profitability in the coming quarters.

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