Rishab Special Yarns Limited's Board of Directors has approved a comprehensive corporate restructuring plan during its meeting held on February 21, 2026. The board session, which commenced at 03:00 P.M. and concluded at 05:00 PM, addressed several key strategic initiatives that will reshape the company's corporate structure and capital framework.

Major Corporate Decisions

The board's primary decisions encompassed significant changes to the company's fundamental structure. The directors approved an increase in the company's authorised share capital along with consequent amendments to the memorandum of association. Additionally, they sanctioned a complete rebranding initiative, approving the change of company name from Rishab Special Yarns Limited to Impera Worldwide Limited.

Shareholder Approval Process

Both the authorised share capital increase and name change require shareholder approval, which will be obtained through a postal ballot process. The board has approved the postal ballot notice and appointed Shravan A. Gupta & Associates, a practicing company secretary, as the scrutinizer for the postal ballot proceedings.

Scrutinizer Appointment Details

Rights Issue Proposal

The board has approved a proposal to raise funds through the issuance of equity shares via a rights issue. This fundraising initiative will be conducted in accordance with the Companies Act, 2013 and the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2018. The board indicated that the total amount to be raised and other detailed terms of the rights issue will be determined at the next board meeting.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, by informing the Bombay Stock Exchange Limited about these board decisions. The communication was signed by Managing Director Ganesh Yadav and submitted to the exchange's Corporate Relations Department.

Rishab Special Yarns Limited has published its unaudited financial results for the quarter and nine months ended December 31, 2025, in newspapers as required under Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company reported improved performance with reduced losses compared to the corresponding periods in the previous year.

Regulatory Compliance and Publication

The company fulfilled its regulatory obligations by publishing the financial results on February 6, 2026, in News Hub in both English and Marathi languages. Managing Director Ganesh Yadav communicated this compliance to the Bombay Stock Exchange, confirming the publication of unaudited financial results under SEBI regulations.

Financial Performance Overview

The company's quarterly results demonstrated significant improvement in financial performance. The net loss for Q3 FY26 reduced to ₹0.55 lakhs compared to ₹1.12 lakhs in Q3 FY25, representing a substantial improvement in operational efficiency.

Nine-Month Performance Analysis

The nine-month results showed remarkable improvement in the company's financial position. Total losses for the nine months ended December 31, 2025, decreased significantly to ₹6.00 lakhs from ₹17.05 lakhs in the corresponding period of the previous year.

Earnings Per Share and Capital Structure

The company's earnings per share improved to negative ₹0.02 for Q3 FY26 from negative ₹0.03 in Q3 FY25. For the nine-month period, EPS showed significant improvement to negative ₹0.17 from negative ₹0.48 in the previous year. The paid-up equity share capital remained stable at ₹356.07 lakhs with a face value of ₹10 per share.

Corporate Governance and Investor Relations

The board of directors approved the unaudited financial results during their meeting held on February 5, 2026. The results were reviewed by the audit committee and the company maintained its commitment to stakeholder relations with no investor complaints reported during the quarter ended December 2025. The company continues to operate primarily in the trading of commodities segment.