RSC International has announced a key leadership appointment with the naming of Mr. Chandresh Joshi as Chief Financial Officer, effective December 31, 2025. The appointment was formally approved by the Board of Directors during their meeting held on December 31, 2025, following a recommendation from the Nomination and Remuneration Committee.

Board Meeting Details

The Board meeting that approved this significant appointment commenced at 4:30 PM and concluded at 5:00 PM on December 31, 2025. The decision was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulation, 2015.

New CFO Profile and Expertise

Mr. Chandresh Joshi brings substantial financial expertise to his new role as Chief Financial Officer. As a Chartered Accountant, he possesses nearly 14 years of extensive experience across multiple critical areas of finance and business operations.

Professional Experience

Mr. Joshi has demonstrated proficiency in accounts, finance, taxation, Management Information Systems (MIS), audits, and corporate compliance. His career includes senior leadership and CFO-level positions where he has successfully managed end-to-end finance functions across diverse industries and large-scale projects exceeding ₹2,200 crores.

Core Competencies

His expertise encompasses several key areas that will be valuable in his new role:

• Financial planning and analysis (FP&A) and budgeting
• Consolidated financial statements preparation
• Working capital management
• Banking and project finance
• Internal controls implementation
• Statutory compliances under Companies Act, Income Tax, GST, and other regulatory frameworks

Strategic Leadership Capabilities

Mr. Joshi has successfully liaised with banks, financial institutions, auditors, and tax authorities for project financing, loan syndication, assessments, and audits. His strategic mindset and hands-on approach have enabled him to design and implement robust MIS and reporting systems throughout his career.

Regulatory Compliance

The appointment has been made in full compliance with regulatory requirements. The company has confirmed that the newly appointed CFO is not debarred from holding office by virtue of any SEBI order or any other authority. Additionally, there are no relationship disclosures required between the appointee and existing directors.

Mr. Joshi's ability to combine technical expertise with commercial acumen positions him as a valuable finance professional and trusted advisor to management, making him well-suited to drive the company's financial strategy and operations in his new role.

RSC International Limited , a finance and investment company, has reported financial results for the second quarter ended September 30, 2025, along with a key management appointment.

Financial Performance

The company reported a net loss of Rs. 1.74 lakhs for the quarter ended September 30, 2025. This represents a decline from the previous quarter when the company had posted a profit of Rs. 1.36 lakhs. The financial results, approved by the Board of Directors, show a challenging period for RSC International.

The company's total income for Q2 2025 dropped to zero, compared to Rs. 9.91 lakhs in the previous quarter and Rs. 10.86 lakhs in the same quarter last year. Total expenses also decreased significantly to Rs. 0.02 lakhs, down from Rs. 8.55 lakhs in Q1 2025.

Appointment of Company Secretary

In a corporate governance move, RSC International has appointed Ms. Ramdulari Saini as the Company Secretary and Compliance Officer, effective November 14, 2025. Ms. Saini, an Associate Member of the Institute of Company Secretaries of India (ACS No. 44908), brings experience in corporate governance, regulatory filings, and compliance to her new role.

Financial Position

As of September 30, 2025, RSC International's balance sheet shows:

The company's total assets have decreased from Rs. 86.04 lakhs as of March 31, 2025, to Rs. 34.03 lakhs as of September 30, 2025, indicating a significant reduction in the company's asset base over the six-month period.

Cash Flow and Liquidity

RSC International's cash and cash equivalents stood at Rs. 0.10 lakhs as of September 30, 2025, compared to Rs. 0.36 lakhs at the beginning of the financial year. The company generated a negative cash flow of Rs. 0.27 lakhs from its operations during the half-year period.

The company's financial statements indicate ongoing challenges, with cash losses reported for several years and an erosion in net worth. These factors suggest that RSC International may face financial difficulties and may need to address its operational performance in the coming quarters.