Raj Oil Mills Limited has announced its unaudited financial results for the quarter and nine months ended December 31, 2025, showcasing improved financial performance across key metrics. The Board of Directors approved these results during their meeting held on February 11, 2026.

Quarterly Financial Performance

The company delivered solid results for Q3 FY26, demonstrating growth in profitability despite some revenue fluctuation. The financial performance reflects the company's operational efficiency and market positioning.

Nine-Month Performance Analysis

The nine-month results demonstrate significant improvement in the company's financial trajectory, with substantial growth in both revenue and profitability metrics compared to the corresponding period in the previous year.

Key Financial Highlights

The company maintained consistent operational performance with several notable achievements:

• Earnings Per Share: Basic and diluted EPS for Q3 FY26 stood at ₹0.81 compared to ₹0.75 in Q3 FY25
• Paid-up Equity Share Capital: Remained stable at ₹1,498.87 lakhs with face value of ₹10 per share
• Tax Management: The company reported total tax expenses of ₹8.27 lakhs for the quarter
• Operational Efficiency: Despite revenue fluctuations, the company maintained healthy profit margins

Outstanding Obligations and Legal Matters

The company continues to address legacy issues related to unsecured operational creditors and public fixed deposit holders. As of December 31, 2025, outstanding payments amount to ₹58.81 lakhs, showing a reduction from ₹60.08 lakhs in the previous quarter. The company has filed an application with the Hon'ble NCLT dated September 30, 2022, seeking directions for payments to non-traceable creditors and deposit holders as per the Resolution Plan approved on April 19, 2018.

Regulatory Compliance and Governance

The financial results were prepared in accordance with Indian Accounting Standards (Ind AS) and reviewed by the Audit Committee before Board approval. The company operates in a single business segment and continues to monitor developments related to New Labour Codes, 2025, though no material impact has been identified in the current period.

The results demonstrate Raj Oil Mills' continued focus on operational excellence and financial discipline, positioning the company for sustained growth in the coming quarters.

Raj Oil Mills Ltd. has announced the successful completion of its postal ballot process for the re-appointment of three independent directors, with shareholders demonstrating overwhelming support for all proposed resolutions. The voting results were declared on February 09, 2026, following the scrutinizer's report submitted by Dr. S.K. Jain of S.K. Jain & Co., Practicing Company Secretaries.

Postal Ballot Process and Participation

The postal ballot was conducted exclusively through electronic voting, with the voting period remaining open from January 10, 2026, to February 08, 2026. The cut-off date for determining eligible shareholders was January 02, 2026. Out of the total 1,49,88,684 eligible shares, 1,11,50,501 votes were polled, representing a participation rate of 74.39%.

Resolution Results and Director Re-appointments

All three special resolutions for the re-appointment of independent directors were passed with requisite majority. The voting results demonstrated strong shareholder confidence in the proposed appointments.

Resolution 1: Mrs. Kiran Raghavendra Awasthi

Mrs. Kiran Raghavendra Awasthi (DIN: 09066721) was re-appointed as an Independent Director for a second term of five years, with 71 members voting in favour representing 99.99% of total valid votes cast.

Resolution 2: Mr. Rishang Sanjay Jain

Mr. Rishang Sanjay Jain (DIN: 09065828) secured re-appointment as an Independent Director for a second term of five years, with 70 members supporting the resolution representing 99.99% approval.

Resolution 3: Mr. Unmesh Breed

Mr. Unmesh Breed (DIN: 09211149) was successfully re-appointed as an Independent Director for a second term of five years, with 71 members voting in favour achieving 99.99% approval.

Scrutinizer's Oversight and Compliance

The postal ballot process was conducted under the supervision of Dr. S.K. Jain, who was appointed as the scrutinizer by the Board of Directors. The process complied with all applicable provisions of the Companies Act, 2013, SEBI Listing Regulations, and relevant MCA and SEBI circulars. The company utilized the services of National Securities Depository Limited (NSDL) for conducting the electronic voting process.

The scrutinizer confirmed that no invalid votes were recorded for any of the resolutions, and the voting process was conducted in a fair and transparent manner. All procedural requirements including publication of advertisements in Business Standard (English) and Parshuram (Marathi) newspapers were fulfilled as per regulatory requirements.

Corporate Governance Strengthening

The successful re-appointment of all three independent directors reinforces the company's commitment to maintaining strong corporate governance standards. The overwhelming shareholder support, with promoter groups showing 100% approval across all resolutions and public shareholders demonstrating strong confidence, reflects the market's trust in the proposed leadership structure for the next five-year term.