Retro Green Revolution Limited has announced that its Board of Directors will convene on January 22, 2026, to deliberate on significant governance and operational matters. The company informed BSE Limited about the scheduled meeting through an official communication dated January 14, 2026, in compliance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Agenda Items for Board Meeting

The board meeting will address several critical matters that will shape the company's leadership structure and audit framework. The primary focus areas include director appointments and statutory auditor changes.

Director Appointments Under Consideration

The board will evaluate the appointment of two additional directors to strengthen its governance structure. Mrs. Nidhi Bharatbhai Gandhi, holding Director Identification Number 11086584, is proposed as the first additional director. The second proposed appointment is Dharmik Mukeshbhai Nagariya, who holds Director Identification Number 11364915. These appointments will expand the board's composition and potentially bring additional expertise to the company's strategic decision-making processes.

Statutory Auditor Changes

A significant development requiring board attention is the resignation of the company's statutory auditor, Mayur Shah & Associates, which was received on December 23, 2025. The board will formally acknowledge this resignation and proceed with considering the appointment of a new statutory auditor. This transition is crucial for maintaining the company's compliance with regulatory requirements and ensuring continuous audit oversight.

Regulatory Compliance and Communication

The meeting notification demonstrates Retro Green Revolution Limited's commitment to maintaining transparency with stakeholders and regulatory compliance. The company, registered in Gujarat with CIN L01130GJ1990PLC014435, has its registered office located at Prahlad Nagar Trade Centre in Ahmedabad. The communication was signed by Director Deepak Dondé, who holds DIN 10693814, ensuring proper authorization and accountability in corporate communications.

Retro Green Revolution Limited has announced its unaudited financial results for the quarter ended September 30, 2025, revealing contrasting performance between its standalone and consolidated operations. The company submitted these results to BSE on November 14, 2025, pursuant to Regulation 33 of SEBI Listing Regulations.

Standalone vs Consolidated Performance Comparison

Standalone Operations Show Continued Challenges

The standalone results reveal persistent operational difficulties, with zero revenue from operations for the second consecutive quarter. Despite generating ₹1.98 lakhs in other income, the company posted a net loss of ₹2.99 lakhs, marking a significant decline from the ₹10.40 lakhs profit recorded in Q2 FY25.

Consolidated Results Provide Some Relief

The consolidated financial statements present a more balanced picture, showing revenue from operations of ₹12.00 lakhs in Q2 FY26. However, this represents a substantial decrease from previous quarters, with Q1 FY26 recording ₹61.49 lakhs in consolidated revenue. The consolidated net loss of ₹0.18 lakhs, while still negative, is significantly lower than the standalone loss.

Financial Position and Assets

Regulatory Compliance and Governance

The financial results were reviewed by the Audit Committee and approved by the Board of Directors at their meeting held on November 14, 2025. Mayur Shah & Associates, Chartered Accountants, conducted the limited review of both standalone and consolidated unaudited financial results, providing clean review reports without any material concerns.

Earnings Per Share Analysis

The earnings per share figures reflect the company's current challenges, with both standalone and consolidated operations showing negative EPS compared to positive earnings in the corresponding quarter last year.

Operational Outlook

The disparity between standalone and consolidated performance suggests that subsidiary operations are contributing to revenue generation while the parent company faces operational challenges. The company's ability to maintain consolidated revenue, albeit at reduced levels, indicates potential for recovery through its subsidiary operations. However, the overall decline in profitability across both standalone and consolidated results highlights the need for strategic operational improvements.