Rajasthan Tube Manufacturing Approves Q3FY26 Results, Accepts Director Resignation

3 min read     Updated on 14 Feb 2026, 07:45 PM
scanx
Reviewed by
Jubin VScanX News Team
Overview

Rajasthan Tube Manufacturing Company Limited's board meeting on February 14, 2026, approved unaudited Q3FY26 financial results and accepted director resignation. The company submitted comprehensive integrated filing under SEBI regulations with auditor's unmodified opinion from Bakliwal & Co., showing total non-current assets of ₹359.55 lakhs including property, plant and equipment worth ₹130.78 lakhs.

32624157

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

Rajasthan Tube Manufacturing Company Limited has submitted its integrated filing for the third quarter of fiscal year 2026, pursuant to SEBI Circular No. SEBI/HO/CFD/CFD-PoD-2/CIR/P/2024/185 dated December 31, 2024. The company filed the quarterly financial results for the period ended December 31, 2025, with the Bombay Stock Exchange Limited on February 14, 2026.

Board Meeting Outcomes

The Board of Directors convened on February 14, 2026, at 7:00 P.M. at the company's registered office to consider and approve the unaudited financial results for the quarter ended December 31, 2025. The meeting also addressed the resignation of Mr. Prashant Sharma from his position. The proceedings concluded at 7:15 P.M. with a vote of thanks.

Meeting Details: Information
Date: February 14, 2026
Time: 7:00 P.M. to 7:15 P.M.
Venue: Registered Office
Key Decisions: Q3FY26 Results Approval, Director Resignation
Regulatory Compliance: Regulation 30 & 33 of SEBI LODR

Integrated Filing Components

The company submitted a comprehensive integrated filing covering multiple disclosure requirements under SEBI regulations. The filing structure includes various components as mandated by the regulatory framework.

Filing Component: Applicability Status
Financial Results: Refer Annexure A
Public Issue Proceeds Statement: Not Applicable
Outstanding Default Disclosure: Not Applicable
Related Party Transactions: Not Applicable for Q3 2025
Audit Qualification Impact: Attached

Auditor's Limited Review Report

Bakliwal & Co., Chartered Accountants (FRN: 130381W), conducted the limited review of the quarterly financial results under Standard on Review Engagements (SRE) 2410. The auditors expressed an unmodified opinion on the financial statements, confirming compliance with Indian Accounting Standards 34 "Interim Financial Reporting" and other applicable accounting principles.

Auditor Details: Information
Audit Firm: Bakliwal & Co., Chartered Accountants
FRN: 130381W
Partner: CA Tushar Agrawal
Review Standard: SRE 2410
Location: Jaipur
Date: February 14, 2026

Financial Position Summary

The company's balance sheet as at December 30, 2025, reflects the asset composition across various categories. The financial position shows a balanced mix of non-current and current assets.

Asset Category: Amount (₹ in Lakhs)
Property, Plant and Equipment: 130.78
Loans: 9.41
Deferred Tax Assets: 116.25
Other Non-current Assets: 103.11
Total Non-current Assets: 359.55
Inventories: 559.92
Cash and Cash Equivalents: 1.13
Bank Balance: 2.37
Other Financial Assets: 95.61
Other Current Assets: 124.33

Auditor Observations and Revenue Recognition

The auditors noted specific observations regarding revenue recognition timing. Sales transactions pertaining to Quarter 3 were recorded in GST returns in January (Q4), relating to sale of closing stock. The auditors confirmed that the underlying sales pertain to the Q3 period, representing a timing difference in revenue recognition. Management has been advised to review cut-off procedures to ensure revenue recognition in appropriate accounting periods according to applicable standards.

Regulatory Compliance and Documentation

The integrated filing was submitted under the company's scrip code 530253 and security ID RAJTUBE on the Bombay Stock Exchange Limited. The submission complies with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and related circulars issued by BSE and NSE. The filing was digitally signed by Pankaj Jain, Whole Time Director (DIN: 11098222), ensuring proper documentation and regulatory compliance.

Historical Stock Returns for Rajasthan Tube Manufacturing

1 Day5 Days1 Month6 Months1 Year5 Years
+4.25%-6.12%-40.12%-55.30%+6.24%+1,015.15%
Rajasthan Tube Manufacturing
View Company Insights
View All News
like19
dislike

Rajasthan Tube Manufacturing Approves Name Change to NEOOH STREET and Director Appointments

2 min read     Updated on 21 Jan 2026, 03:54 PM
scanx
Reviewed by
Riya DScanX News Team
Overview

Rajasthan Tube Manufacturing Company Limited's board approved a name change to "NEOOH STREET" and business diversification into marketing, IT services, infrastructure, and import-export activities. The company appointed two additional directors - Mr. Mayur Mukul Ghule and Mr. Darpan Jayraj Kale, both MBA Finance graduates. An Extraordinary General Meeting is scheduled for February 10, 2026, to seek shareholder approval for these changes.

30536665

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

Rajasthan tube manufacturing Company Limited has announced major corporate changes following its board meeting on January 13, 2026. The company plans to transform its business identity and operations through a comprehensive restructuring that includes a name change and business diversification.

Corporate Name Change and Business Expansion

The board has approved changing the company name to "NEOOH STREET," marking a significant shift from its traditional manufacturing identity. This change is subject to shareholder approval and regulatory clearances. Alongside the name change, the company plans to amend its Memorandum of Association to expand its business activities beyond manufacturing.

Business Segment Activities
Marketing Advertising, branding, promotion, sales and allied activities
Information Technology Software development, IT-enabled services, digital platforms, data processing
Infrastructure Development, construction, operation, maintenance and allied activities
Manufacturing Manufacture, processing, assembly and production of goods
Import-Export Trading, importing and exporting of goods, products, commodities and services

Board Appointments

The company has strengthened its leadership team by appointing two additional directors as executive and non-independent members:

Director Details Mr. Mayur Mukul Ghule Mr. Darpan Jayraj Kale
DIN 07638600 01688395
Qualification MBA in Finance MBA in Finance
PAN Number ALQPG3019C AFGPK4124E
Shareholding NIL NIL
Appointment Date January 13, 2026 January 13, 2026

Both directors bring financial expertise to the board with their MBA qualifications in Finance. Neither director holds any shares in the company currently, and there are no disclosed relationships between the directors.

Shareholder Approval Process

The board has scheduled an Extraordinary General Meeting (EOGM) for February 10, 2026, to seek shareholder approval for all proposed changes. The meeting will address the name change, amendment to the Objects Clause of the Memorandum of Association, and ratification of the director appointments. Detailed information about the meeting venue, time, and formal notice will be communicated separately to shareholders.

Meeting Details

The board meeting was conducted on January 13, 2026, from 9:00 p.m. to 11:00 p.m. The decisions were formally communicated to BSE Limited on January 21, 2026, in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company operates from its registered office in Jaipur, Rajasthan, and maintains its manufacturing facilities at the same location.

Historical Stock Returns for Rajasthan Tube Manufacturing

1 Day5 Days1 Month6 Months1 Year5 Years
+4.25%-6.12%-40.12%-55.30%+6.24%+1,015.15%
Rajasthan Tube Manufacturing
View Company Insights
View All News
like17
dislike

More News on Rajasthan Tube Manufacturing

1 Year Returns:+6.24%