Radhe Developers EGM Passes Two Special Resolutions

Radhe Developers (India) Limited successfully conducted its Extra Ordinary General Meeting on December 26, 2025, where shareholders approved two critical special resolutions. The company submitted the voting results to BSE Limited on December 27, 2025, confirming the passage of all proposed resolutions.

Meeting Overview and Participation

The Extra Ordinary General Meeting was held on Friday, December 26, 2025, from 11:00 AM to 11:20 AM. Mr. Alkesh Jalan of Jalan Alkesh & Associates served as the scrutinizer for the meeting, having been appointed by the board on November 24, 2025.

Meeting Details	Information
Date	December 26, 2025
Duration	11:00 AM to 11:20 AM
Total Shareholders on Record	46,326
Promoters Present	2
Public Shareholders Present	37
Video Conference Attendance	0

Resolution 1: Loan Agreement Amendments

The first special resolution sought approval for amendments to loan agreements. The voting results demonstrated strong support from public institutional investors, while the promoter group abstained from voting despite having an interest in the resolution.

Voting Category	Votes Polled	Votes in Favour	Votes Against	Approval Rate
Promoter Group	0	0	0	0.00%
Public Institutions	11,607,389	11,344,389	263,000	97.73%
Public Non-Institutions	0	0	0	0.00%
Total	11,607,389	11,344,389	263,000	97.73%

Resolution 2: Equity Share Issuance

The second special resolution approved the issuance of equity shares to promoters and promoter groups upon conversion of existing unsecured loans. This resolution also received overwhelming support from public institutional investors.

Voting Category	Votes Polled	Votes in Favour	Votes Against	Approval Rate
Promoter Group	0	0	0	0.00%
Public Institutions	11,607,389	11,540,389	67,000	99.42%
Public Non-Institutions	0	0	0	0.00%
Total	11,607,389	11,540,389	67,000	99.42%

Voting Mechanism and Results

The voting process utilized both e-voting and poll mechanisms, with the record date set as December 20, 2025. Public institutional investors participated actively through both voting methods, with 1,141,558 votes cast via e-voting and 10,465,831 votes through poll for both resolutions. The promoter group, holding 247,585,033 shares, abstained from voting on both resolutions despite having declared interest in the agenda items.

Regulatory Compliance

The voting results were submitted in compliance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Khyati K. Patel signed and submitted the results along with the scrutinizer's report to BSE Limited. The company confirmed that all resolutions mentioned in the EGM notice were duly passed based on the scrutinizer's report.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+0.50%	+9.24%	+4.15%	+5.79%	-33.22%	+318.75%

Radhe Developers (India) Limited , a prominent player in the construction sector, has unveiled its financial results for the second quarter and first half of the fiscal year 2026, showcasing significant growth and improved profitability.

Financial Highlights

The company's performance for Q2 and H1 FY2026 ended September 30, 2025, demonstrates substantial year-over-year improvements:

Particulars (in ₹ lakhs)	Q2 FY2026	Q2 FY2025	YoY Change	H1 FY2026	H1 FY2025	YoY Change
Revenue from Operations	327.00	248.83	31.41%	863.66	347.00	148.89%
Total Income	327.00	249.73	30.94%	864.86	347.00	149.24%
Profit Before Tax	151.88	76.94	97.40%	512.70	49.55	934.71%
Net Profit	148.58	78.62	88.98%	466.41	46.73	897.88%
EPS (Basic & Diluted)	0.00	0.02	-100.00%	0.09	0.01	800.00%

Key Performance Indicators

Revenue Growth

The company's revenue from operations in Q2 FY2026 increased by 31.41% to ₹327.00 lakhs, up from ₹248.83 lakhs in the same quarter of the previous year. For H1 FY2026, revenue surged by 148.89% to ₹863.66 lakhs.

Profitability

Net profit for Q2 FY2026 rose by 88.98% to ₹148.58 lakhs, compared to ₹78.62 lakhs in Q2 FY2025. The half-yearly net profit showed a remarkable increase of 897.88%, reaching ₹466.41 lakhs.

Earnings Per Share

The basic and diluted EPS for H1 FY2026 improved to ₹0.09, up from ₹0.01 in the corresponding period of the previous year.

Balance Sheet Highlights

As of September 30, 2025:

Total Assets: ₹14,117.88 lakhs
Equity Share Capital: ₹5,237.42 lakhs
Other Equity: ₹1,282.20 lakhs

Management Commentary

The Board of Directors, in their meeting held on October 16, 2025, reviewed and approved these unaudited financial results. The company operates primarily in the construction business segment, which is considered the only reportable segment by management.

Outlook

Radhe Developers has shown strong growth in revenue and profitability. However, it's important to note that these results are unaudited and subject to limited review. The construction sector's performance often reflects broader economic trends, and the company's growth may indicate positive momentum in the real estate and infrastructure segments.

Investors and stakeholders should consider these results in the context of broader market conditions and future growth prospects in the construction industry.

Note: All financial figures are in accordance with Indian Accounting Standards (Ind AS) as prescribed under Section 133 of the Companies Act, 2013.