Ravinder Heights Limited has successfully concluded its postal ballot process and completed regulatory filings for the appointment of a new independent director. The company announced the voting results and submitted formal intimation to stock exchanges under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Results and Approval

The shareholders of Ravinder Heights Limited have accorded their approval with requisite majority for the special resolution through the postal ballot mechanism. The voting process was conducted in strict accordance with Section 110 of Companies Act, 2013, and relevant rules made thereunder, ensuring complete regulatory compliance.

Director Appointment and Profile

The special resolution pertained to the appointment of Mr. Chander Mohan Mehra (DIN: 07173867) as a Non-Executive Independent Director for a period of 5 consecutive years with effect from November 12, 2025. Mr. Mehra, aged 75 years, is a retired officer of the Government of India with distinguished career experience.

Professional Background

Mr. Chander Mohan Mehra brings extensive regulatory and enforcement experience to the board. He has held several key positions during his distinguished career, including Chief Commissioner of Customs Indirect Taxes. He also served as the Head of the Western Region of the Enforcement Directorate (ED) and as Executive Director at the Securities and Exchange Board of India (SEBI). The appointment was recommended by the Nomination Remuneration Committee and approved by the Board of Directors.

Category-wise Voting Breakdown

The voting results demonstrated strong support across all shareholder categories. The promoter and promoter group cast 45,837,415 votes entirely in favor of the resolution, representing 100.00% support from this category. Public institutional investors contributed 18,917 votes, all in favor of the appointment.

Regulatory Compliance and Filing

The company has submitted formal intimation to BSE Limited and National Stock Exchange of India Limited regarding the change in designation from Additional Director to Non-Executive Independent Director. The filing confirms that Mr. Mehra is not debarred from holding the office of Director by virtue of any SEBI Order or any other authority, and he is not related to any existing Director of the company.

Mr. Girish Madan, Proprietor of M/s Girish Madan Associates, Practicing Company Secretaries, served as the appointed scrutinizer for the postal ballot process. The entire process was conducted pursuant to Regulation 44(3) of SEBI (LODR) Regulations, 2015, with all documentation maintained in accordance with the Companies (Management and Administration) Rules, 2014.

Ravinder Heights Limited (RHL) has announced its unaudited financial results for the second quarter and half-year ended September 30, 2025, showcasing a significant revenue surge driven by a collaboration agreement.

Financial Highlights

RHL reported consolidated revenue from operations of Rs 5,501.01 Lakhs (Rs 55.01 Crore) for Q2 FY26, a substantial increase from Rs 12.72 Lakhs in the previous quarter. The company's total income for the quarter stood at Rs 5,630.70 Lakhs (Rs 56.31 Crore). This remarkable growth was primarily attributed to a Rs 5,500 Lakhs revenue recognition from a collaboration agreement.

Collaboration Agreement Details

The revenue boost came from a Second Addendum executed on September 14, 2025, to the original Collaboration Agreement dated December 10, 2019. An additional non-refundable and non-adjustable security deposit of Rs 3,000 Lakhs (Rs 30 Crore) was paid by Bestech India Pvt. Ltd. on September 19, 2025, to Radhika Heights Limited (a wholly-owned subsidiary of RHL) and its subsidiaries. This deposit was in addition to the original Rs 2,500 Lakhs (Rs 25 Crore) deposit made in December 2019. The Owners recognized total revenue of Rs 5,500 Lakhs in accordance with Ind AS-115.

Profitability

RHL demonstrated strong profitability, reporting a consolidated profit after tax of Rs 3,987.31 Lakhs (Rs 39.87 Crore) for Q2 FY26. This represents a significant turnaround from the previous quarter's loss of Rs 51.97 Lakhs and Q2 FY25's loss of Rs 5.89 Lakhs.

Key Financial Metrics

Half Year Performance (H1 FY26)

For the half year ended September 30, 2025:

• Revenue from Operations: Rs 5,513.73 Lakhs
• Total Income: Rs 5,811.18 Lakhs
• Profit After Tax: Rs 3,935.34 Lakhs
• EPS: Rs 6.42 per share

Balance Sheet Strength

As at September 30, 2025 (Consolidated):

• Total Assets: Rs 30,913.80 Lakhs
• Total Equity: Rs 28,038.37 Lakhs
• Equity Share Capital: Rs 613.26 Lakhs (61.33 Crore shares of Re 1/- each)
• Other Equity: Rs 27,425.11 Lakhs
• Cash & Cash Equivalents: Rs 778.98 Lakhs

Business Operations

The group is primarily engaged in real estate development, construction of residential/commercial properties, and property renting. The company operates through its subsidiary Radhika Heights Limited and its five subsidiaries: Radicura Infra Limited, Sunanda Infra Limited, Cabana Construction Private Limited, Nirmala Buildwell Private Limited, and Nirmala Organic Farms & Resorts Private Limited.

Audit and Compliance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors on November 12, 2025. M/s. Dewan P.N. Chopra, Chartered Accountants, the company's Statutory Auditors, issued a Limited Review Report with no material qualifications.

Conclusion

Ravinder Heights Limited's Q2 FY26 results demonstrate remarkable financial performance, primarily driven by the collaboration agreement with Bestech India Pvt. Ltd. The company successfully transitioned from losses to significant profitability with a PAT of Rs 39.87 Crore. The additional security deposit of Rs 30 Crore has substantially strengthened the company's financial position and indicates positive momentum in its real estate development business.