Raunaq International Limited has announced the sudden demise of its Secretarial Auditor Mr. Sanket Jain, who passed away on 06 February, 2026. The company informed BSE Limited about this unfortunate development through a regulatory filing under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Secretarial Auditor Details

Mr. Sanket Jain (A26531) was the Proprietor of M/s Sanket Jain & Co., Company Secretaries, a firm registered under number S2013UP231400. The firm operates from 'Satyaraj', Behind Hotel Chanda, Civil Lines, Jhansi-284002 in Uttar Pradesh.

Appointment and Tenure

Mr. Jain had been appointed as the Secretarial Auditor of Raunaq International Limited for a term of 5 consecutive years, beginning from Financial Year 2025-26 and continuing till Financial Year 2029-30. His appointment was approved during the company's Annual General Meeting held on 27 August, 2025.

Company's Response and Next Steps

The company has expressed its profound grief at the untimely demise of Mr. Sanket Jain and acknowledged his valuable contribution and professional guidance during his association as Secretarial Auditor. Due to this unfortunate event, the office of the Secretarial Auditor has been vacated.

Raunaq International Limited has initiated necessary steps to identify a new Secretarial Auditor for conducting the Secretarial Audit for Financial Year 2025-26. The company has committed to informing the stock exchange about the new appointment in compliance with applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 and the Companies Act, 2013.

Regulatory Compliance

The intimation was filed pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing also complies with the requirements of SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated 11 November, 2024, providing all requisite details regarding the change in key managerial personnel.

Raunaq International Limited has published its unaudited financial results for the quarter ended December 31, 2025, in leading newspapers as mandated under SEBI regulations. The company formally notified BSE Limited on February 13, 2026, confirming publication in "Financial Express" (English) and "Jansatta" (Hindi) newspapers, ensuring full regulatory compliance.

Financial Performance Overview

The company's quarterly performance showed significant revenue expansion but profitability challenges during Q3 FY26, as detailed in the published financial statements.

Despite the quarterly loss, the company demonstrated strong revenue momentum with operations revenue more than doubling year-over-year. Total expenses for the quarter stood at ₹974.60 lakhs compared to ₹384.42 lakhs in Q3 FY25.

Nine-Month Performance

The nine-month period ended December 31, 2025 showed robust overall performance across key financial metrics.

Regulatory Compliance and Publication

The company fulfilled its regulatory obligations under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, specifically Regulation 30 and 47. Company Secretary and CFO Neha Patwal signed the compliance notification to BSE Limited, confirming the newspaper publications on February 13, 2026.

Business Segment Analysis

Raunaq International operates through two primary business segments with distinct performance characteristics during Q3 FY26.

Engineering Contracting Business:

• Revenue: ₹446.73 lakhs (Q3 FY26) vs ₹260.40 lakhs (Q3 FY25)
• Nine-month revenue: ₹1,423.79 lakhs vs ₹608.01 lakhs
• Segment result: ₹0.39 lakhs for Q3 FY26

Trading of Alloy Steel for Auto Components:

• Revenue: ₹425.49 lakhs (Q3 FY26) vs ₹114.35 lakhs (Q3 FY25)
• Nine-month revenue: ₹1,357.28 lakhs vs ₹433.70 lakhs
• Segment result: ₹15.28 lakhs for Q3 FY26

Board Approval and Audit Review

The Board of Directors approved these results at their meeting held on February 12, 2026, under the leadership of Chairman & Managing Director Surinder Paul Kanwar. The financial results were reviewed by the company's statutory auditors B.R. Maheshwari and Co. LLP and approved by the Audit Committee before Board approval.

The company maintains a strong balance sheet with total assets of ₹3,058.40 lakhs compared to ₹1,308.00 lakhs in the previous year. The paid-up equity share capital remained stable at ₹334.32 lakhs with a face value of ₹10 per share.