RSD Finance Limited Reports Q2 FY2026 Results and Strategic Subsidiary Stake Reduction

1 min read     Updated on 15 Nov 2025, 08:47 AM
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Reviewed by
Riya DeyScanX News Team
Overview

RSD Finance Limited has approved its Q2 and H1 FY2026 unaudited financial results. The company's subsidiary, Precision Automotive Private Limited, has reduced its stake in Sigma HTS LLP from 65% to 19%. This reduction will result in Sigma HTS LLP being excluded from RSD Finance's consolidated results.

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*this image is generated using AI for illustrative purposes only.

RSD Finance Limited , a Jamshedpur-based financial services company, has recently announced its financial results for the second quarter and half-year ended September 30, 2025, along with a significant corporate action. The company's Board of Directors has approved the unaudited standalone and consolidated financial results following a review by the audit committee.

Key Highlights

  1. Financial Results Approval: The Board of Directors has given their nod to the unaudited financial statements for Q2 and H1 FY2026, both on a standalone and consolidated basis.

  2. Strategic Stake Reduction: In a notable corporate move, RSD Finance Limited has disclosed a reduction in its subsidiary's stake in a partnership firm.

Subsidiary Stake Reduction

RSD Finance Limited has announced a strategic decision regarding its subsidiary, Precision Automotive Private Limited. The key points of this corporate action are:

Aspect Details
Subsidiary Precision Automotive Private Limited
Partnership Firm Sigma HTS LLP
Previous Stake 65%
New Stake 19%
Impact Exclusion of Sigma HTS LLP from consolidated results

This significant reduction in stake from 65% to 19% in Sigma HTS LLP by Precision Automotive Private Limited will have implications on RSD Finance's consolidated financial reporting. The company has stated that as a result of this stake reduction, Sigma HTS LLP will no longer be included in the consolidated results of RSD Finance Limited.

Implications and Outlook

The approval of the quarterly results and the strategic stake reduction in a subsidiary's investment highlight RSD Finance's active management of its corporate structure and financials. While the specific financial figures have not been disclosed in the available information, investors and stakeholders will likely be keen to analyze the impact of these developments on the company's overall financial health and future strategies.

It's important to note that the full details of the financial results are yet to be made public. Investors and analysts may want to look out for the complete financial report to gain a more comprehensive understanding of RSD Finance Limited's performance for the quarter and half-year ended September 30, 2025.

Stakeholders are advised to consider these corporate actions and financial results in the context of broader market conditions and the company's long-term strategy before making any investment decisions.

Historical Stock Returns for RSD Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-3.01%-4.76%-7.36%-17.13%-44.74%+283.27%
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RSD Finance Reappoints Rajeev Singh Dugal as Managing Director for Another 5-Year Term

1 min read     Updated on 22 Jul 2025, 09:33 AM
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Reviewed by
Shriram ShekharScanX News Team
Overview

RSD Finance Limited's Board of Directors has approved the reappointment of Mr. Rajeev Singh Dugal as Managing Director for another five-year term, starting July 22, 2025, subject to shareholder approval. Mr. Dugal, associated with the company since 1998, has been instrumental in its growth across heat treatment, NBFC, and hospitality sectors. He holds a PGDM from XLRI Jamshedpur and has extensive experience in securities and investments markets.

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*this image is generated using AI for illustrative purposes only.

RSD Finance Limited , a company with diverse interests in heat treatment, non-banking financial services, and hospitality, has announced the reappointment of Mr. Rajeev Singh Dugal as its Managing Director for another five-year term. The decision, made by the company's Board of Directors, is subject to shareholder approval at the upcoming General Meeting.

Key Details of the Reappointment

  • New Term: Mr. Dugal's new term will commence on July 22, 2025, and last for five years.
  • Current Term: His ongoing tenure as Managing Director is set to conclude on July 21, 2025.
  • Approval Process: The reappointment was recommended by the Nomination & Remuneration Committee and approved by the Board of Directors.

About Rajeev Singh Dugal

Mr. Dugal brings a wealth of experience and expertise to his role:

  • Education: He holds a Postgraduate Diploma in Business Management (PGDM) from XLRI Jamshedpur and a B.Com (Hons) from Hans Raj College, University of Delhi.
  • Business Acumen: Mr. Dugal is described as an accomplished business owner with a keen interest in securities and investments markets.
  • Industry Experience: He has been associated with RSD Finance since 1998 and is credited as the driving force behind the company's significant growth.
  • Diverse Portfolio: Mr. Dugal oversees businesses in heat treatment, NBFC operations, and the hospitality sector.

Family Ties

Mr. Dugal has family connections within the company. He is related to Mrs. Kawaljeet Kaur Dugal as her husband and to Ms. Upneet Dugal as her father.

Company Insights

RSD Finance Limited, with its Corporate Identification Number L17222JH1963PLC013316, has its registered office in Jamshedpur, Jharkhand. The company is listed on both the BSE and the Calcutta Stock Exchange.

Governance and Compliance

The company has emphasized that Mr. Dugal is not debarred from holding the office of Director by any SEBI Order or other authority, adhering to the circular requirements of BSE and the National Stock Exchange of India Limited.

This reappointment signifies the company's continued trust in Mr. Dugal's leadership and vision for RSD Finance Limited's future growth and development across its diverse business interests.

Historical Stock Returns for RSD Finance

1 Day5 Days1 Month6 Months1 Year5 Years
-3.01%-4.76%-7.36%-17.13%-44.74%+283.27%
RSD Finance
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