Radhagobind Commercial Ltd Declares Unaudited Results for Q1 FY27
Radhagobind Commercial Ltd has announced its unaudited financial results for the quarter ended June 30, 2026. The company's Board of Directors approved these results on May 30, 2025. The financial statements, along with the Limited Review Report from statutory auditors, will be available on the company's website. The company is currently undergoing Corporate Insolvency Resolution Process (CIRP) under the Insolvency and Bankruptcy Code, 2016, with an Insolvency Resolution Professional (IRP) appointed by the NCLT Kolkata bench. This situation indicates a material uncertainty regarding the company's ability to continue as a going concern. The face value of equity shares was modified from ₹10 to ₹1 in June 2023, increasing the number of shares outstanding.
Key Highlights
- Unaudited financial results for the quarter ended June 30, 2026, have been declared.
- Company is under Corporate Insolvency Resolution Process (CIRP).
- Material uncertainty exists regarding the company's ability to continue as a going concern.
- Face value of equity shares was reduced from ₹10 to ₹1.
- Limited Review Report submitted by statutory auditors.
Price Impact
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