Rolcon Engineering Approves Q1 FY2025-26 Results, Re-appoints Independent Director and Secretarial Auditor

Rolcon Engineering Company , a leading manufacturer of transmission roller conveyor chains and sprocket wheels, has made significant announcements following its board meeting held on August 7, 2025. The company, which collaborates with Messrs KOBO GmbH Co. KG, Germany, has taken several key decisions that are likely to shape its future governance and financial reporting.

Financial Results Approval

The board of directors convened to review and approve the company's financial performance for the first quarter of the fiscal year 2025-26. In compliance with Regulation 33 of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015, Rolcon Engineering has approved both standalone and consolidated unaudited financial results for the quarter ended June 30, 2025. These results were accompanied by the auditor's limited review report, ensuring transparency and adherence to regulatory standards.

Re-appointment of Independent Woman Director

In a move to strengthen its corporate governance, the board has approved the re-appointment of Smt. Harshila H. Patel (DIN: 08690119) as an Independent Woman Director. This decision, subject to shareholder approval at the upcoming 58th Annual General Meeting (AGM), will see Smt. Patel serving another five-year term. Her re-appointment is notable given her extensive experience of over 10 years in corporate administration, planning, and management.

Smt. Patel's profile, as disclosed by the company, highlights her expertise as a strategist for business promotion and marketing. The board has confirmed that she meets the independence criteria as per SEBI regulations and the Companies Act 2013, and is not related to any other director of the company.

Appointment of Secretarial Auditor

In another significant decision, the board has appointed M/s. Kiran Vaghela & Associates as the company's Secretarial Auditor. This appointment spans five consecutive financial years, from FY 2025-26 to FY 2029-30, subject to shareholder approval at the 58th AGM.

Mr. Kiran Vaghela, the proprietor of the firm, brings over 10 years of experience working with listed public companies. His expertise in corporate governance, compliance, and SEBI regulations is expected to be valuable in ensuring Rolcon Engineering's adherence to regulatory requirements.

Compliance and Transparency

The board meeting, which commenced at 4:30 p.m. and concluded at 5:15 p.m., addressed these key matters in compliance with Regulation 30(6) of the SEBI (Listing Obligation and Disclosure Requirements) Regulation, 2015. The company has promptly disclosed these outcomes to the BSE Limited, demonstrating its commitment to transparency and timely communication with stakeholders.

Rolcon Engineering's proactive approach in financial reporting, board composition, and regulatory compliance reflects its dedication to maintaining high standards of corporate governance. As the company moves forward with these decisions, shareholders and market observers will likely keep a close eye on how these changes influence the company's performance and governance in the coming years.