Annual Secretarial Compliance Report for the Year ended 31.03 2026 received From Mr. Jinang Dineshkumar Shah, Proprietor of M/S. Jinang shah & Associates, Practising Company Secretaries pursuant to Regulation 24(A) of the Securities and Exchange Board of India(LODR),2015 read with SEBI circular No. CIR/CFD/CMD1/27/2019 dated 8th Feb. 2019.
Audited standalone & consolidated financial Result as per regulation 33 of listed regulation. Appointed M/s Ashok k bhatt & co. as the Internal auditor for fy 26-27.
1) Audited Standalone and Consolidated financial results for the quarter and Year ended 31st March 2026. As per Regulation 33 of Listing Regulations, the Financial Results, statement of Assets & Liabilities and Audited Report with Declaration for Non-Applicability of Statement of Impact of Audit Qualification. 2) Appointed M/s. Ashok K. Bhatt & Co. as the Internal Auditor of the Company for the FY 2026-2027. Brief Profile of the Internal Auditor are attached herewith
the Audited Standalone and Consolidated Financial Results of the Company for quarter and year ended 31st March, 2026
Mr. Jinang Dinesh kumar shah, Practicing Company Secretary, proprietor of M/s Jinang Shah & Associates , having COP No. 14215 for the Extra Ordinary General Meeting of the Members of the company held on Saturday 25th April 2026 at registered office of the Compaany.
Provision of the Regulation 30 and Schedule III of the SEBI(LODR)Regulation 2015, we wish to intimate your esteemed exchange the proceeding of the Extra Ordinary General Meeting of the company held on Saturday 25th April 2026 at 12.30P.M. at the registered office of the company situated at Raghuvir Synthetics Limited ,Rakhial Road, Rakhial Ahmedabad- 380023 and concluded 01.40 P.M. Summary enclosed herewith.
Please find enclosed herewith the confirmation certificate received from M/s MUFG Intime India Private Limited, Registrar of share transfer agent(RTA) in compliance with the Regulation 74(5) of the securities and exchange Board of India(Depositories and Participants) Regulation,2018 for the quarter ended 31st March,2026
Intimation of Book Closure date - 19.04.2026 TO 25.04.2026
Intimation of E voting Facility to company's Shareholder for Exercising their right to vote on the resolution during ensuing EGM. E- Voting - 22.04.2026 at 9.00 a.m. to 24.04.2026 at 5 p.m. Cut off Date- 17.04.2026
Notice of Extra Ordinary General Meeting is scheduled to be held on Saturday, 25 April 2026 at 12.30 P.M. at Registered Office of the company.
| Particulars | Sep 2022 | Dec 2022 | Mar 2023 | Jun 2023 | Sep 2023 | Dec 2023 | Mar 2024 | Mar 2025 | Jun 2025 | Sep 2025 | Dec 2025 | Mar 2026 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue from Operations | 6.84 | 26.33 | 37.94 | 59.07 | 56.12 | 61.86 | 63.41 | 90.01 | 82.67 | 99.40 | 48.95 | 24.18 |
| YOY Revenue Growth % | -88.61% | -62.05% | 33.75% | 164.48% | 720.55% | 134.97% | 67.12% | 52.38% | 47.31% | 60.67% | -22.81% | -73.14% |
| Other Income | 0.57 | 0.78 | 0.61 | 0.81 | 0.88 | 0.94 | 0.89 | 0.80 | 0.69 | 0.51 | 0.13 | 0.04 |
| Total Income | 7.41 | 27.11 | 38.55 | 59.88 | 57.00 | 62.81 | 64.30 | 90.81 | 83.36 | 99.91 | 49.08 | 24.21 |
| Total Expenses + | 11.61 | 30.77 | 39.35 | 60.59 | 56.10 | 61.73 | 60.35 | 86.86 | 79.15 | 97.61 | 53.31 | 27.77 |
| Cost of Materials Consumed | 0.41 | 26.05 | 27.46 | 44.50 | 35.50 | 45.70 | 44.89 | 62.63 | 64.79 | 55.90 | 44.00 | 14.72 |
| Employee Benefit Expense | 1.45 | 1.41 | 0.67 | 1.75 | 1.90 | 2.04 | 1.91 | 1.38 | 1.02 | 1.01 | 1.19 | 0.88 |
| Other Expenses | 1.51 | 5.96 | 10.16 | 12.63 | 11.66 | 11.39 | 11.80 | 12.02 | 10.31 | 10.28 | 9.04 | 6.37 |
| Operating Profit | -4.77 | -4.44 | -1.41 | -1.53 | 0.03 | 0.14 | 3.05 | 3.15 | 3.52 | 1.79 | -4.37 | -3.59 |
| OPM % | -69.8% | -16.9% | -3.7% | -2.6% | 0% | 0.2% | 4.8% | 3.5% | 4.3% | 1.8% | -8.9% | -14.9% |
| Profit Before Tax + | -4.20 | -3.66 | -0.80 | -0.71 | 0.90 | 1.08 | 3.95 | 3.95 | 4.22 | 2.30 | -4.23 | -3.56 |
| Tax Expense | 0.88 | 0.92 | -3.31 | 0.10 | 0.14 | -0.21 | 0.46 | -0.17 | -0.11 | -0.03 | 0.11 | 0.12 |
| Tax % | - | - | - | - | 15% | -19.5% | 11.5% | -4.2% | -2.5% | -1.4% | - | - |
| Profit After Tax | -5.08 | -4.57 | 2.51 | -0.81 | 0.77 | 1.29 | 3.49 | 4.12 | 4.32 | 2.33 | -4.35 | -3.67 |
| EPS (Basic) | -1.31 | -1.18 | 0.65 | -0.21 | 0.20 | 0.33 | 0.90 | 1.06 | 1.12 | 0.60 | -1.12 | -0.95 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Revenue from Operations | 255.19 | 332.75 | 240.46 | 93.44 | 215.49 | 174.21 |
| YOY Revenue Growth % | -23.31% | 38.38% | 157.33% | -56.64% | 23.7% | - |
| Other Income | 1.37 | 4.14 | 3.53 | 2.55 | 3.09 | 5.50 |
| Total Income | 256.56 | 336.88 | 243.99 | 95.99 | 218.57 | 179.70 |
| Total Expenses + | 257.84 | 328.09 | 238.77 | 107.29 | 214.46 | 172.02 |
| Cost of Materials Consumed | 179.41 | 254.85 | 170.60 | 53.92 | 123.34 | 125.15 |
| Employee Benefit Expense | 4.09 | 7.38 | 7.60 | 4.91 | 5.81 | 5.75 |
| Other Expenses | 36.00 | 50.51 | 47.48 | 18.65 | 25.26 | 30.22 |
| Operating Profit | -2.65 | 4.66 | 1.69 | -13.84 | 1.03 | 2.19 |
| OPM % | -1% | 1.4% | 0.7% | -14.8% | 0.5% | 1.3% |
| Profit Before Exceptional | -1.28 | 8.79 | 5.22 | -11.29 | 4.12 | 7.69 |
| Exceptional Items | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Profit Before Tax + | -1.28 | 8.79 | 5.22 | -11.29 | 4.12 | 7.69 |
| Tax Expense | 0.09 | -0.27 | 0.48 | -1.47 | 0.71 | 1.79 |
| Tax % | - | -3.1% | 9.2% | - | 17.2% | 23.3% |
| Profit After Tax | -1.37 | 9.06 | 4.74 | -9.82 | 3.41 | 5.89 |
| EPS (Basic) | -0.35 | 2.34 | 1.22 | -2.53 | 0.88 | 15.21 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| ASSETS | ||||||
| Non-Current Assets + | 67.97 | 72.56 | 68.81 | 64.86 | 39.44 | 37.29 |
| Property, Plant & Equipment | 61.55 | 58.27 | 52.93 | 57.06 | 30.07 | 34.49 |
| Capital Work in Progress | 0.42 | 7.96 | 7.94 | 0.00 | 4.51 | 1.56 |
| Non-Current Investments | 0.00 | 0.01 | 0.00 | 0.00 | 0.01 | 0.00 |
| Goodwill | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 |
| Other Intangible Assets | 4.86 | 5.08 | 0.00 | 0.00 | 3.06 | 0.00 |
| Current Assets + | 50.80 | 52.98 | 41.52 | 33.77 | 33.74 | 29.06 |
| Inventories | 3.82 | 30.21 | 27.03 | 19.00 | 10.35 | 16.68 |
| Trade Receivables | 31.07 | 4.08 | 5.85 | 3.51 | 0.08 | 4.67 |
| Cash and Cash Equivalents | 0.15 | 8.27 | 0.40 | 0.24 | 0.05 | 0.62 |
| Current Investments | 1.34 | 1.60 | 1.48 | 1.03 | 0.00 | 0.00 |
| LIABILITIES & EQUITY | ||||||
| Total Equity | 33.93 | 35.29 | 26.25 | 21.48 | 31.24 | 27.76 |
| Equity Share Capital | 3.88 | 3.88 | 3.88 | 3.88 | 3.88 | 3.85 |
| Other Equity | 30.05 | 31.42 | 22.37 | 17.61 | 27.37 | 23.91 |
| Non-Current Liabilities | 31.07 | 30.40 | 31.12 | 31.40 | 15.00 | 16.42 |
| Current Liabilities | 54.01 | 60.30 | 52.95 | 45.74 | 26.94 | 25.68 |
| Total Liabilities | 85.07 | 90.70 | 84.08 | 77.14 | 41.94 | 42.10 |
| Particulars | Mar 2026 | Mar 2025 | Mar 2024 | Mar 2023 | Mar 2022 | Mar 2021 |
|---|---|---|---|---|---|---|
| Cash from Operating Activities | -43.13 | 23.91 | 16.33 | 13.52 | 6.70 | 5.08 |
| Cash from Investing Activities | -3.66 | -12.48 | -10.89 | -28.80 | -6.13 | -5.66 |
| Cash from Financing Activities | 38.71 | -3.61 | -5.28 | 15.47 | -1.14 | 0.67 |
| Net Increase/Decrease in Cash | -8.08 | 7.83 | 0.16 | 0.19 | -0.57 | 0.09 |