Quarterly Result30 May 2026, 03:02 pm
RDB Real Estate Approves Audited Financial Results for FY26
AI Summary
RDB Real Estate Constructions Ltd's Board of Directors approved the audited standalone and consolidated financial results for the quarter and financial year ended March 31, 2026, during its meeting on May 29, 2026. The board also approved the re-appointment of M/s Garg Narender & Co. as Internal Auditor for FY 2026-27 and the incorporation of a new subsidiary, Avanir Wellness Resorts Private Limited. Additionally, they approved the sale of shares in RDB Raipur Hotels Private Limited, resulting in its cessation as a direct subsidiary but remaining a stepdown subsidiary.
Key Highlights
- Audited financial results (standalone and consolidated) for FY26 approved.
- Garg Narender & Co. re-appointed as Internal Auditor for FY 2026-27.
- Avanir Wellness Resorts Private Limited incorporated as a new subsidiary.
- Sale of shares in RDB Raipur Hotels; it ceases to be a direct subsidiary.
- Meeting commenced on May 29, 2026, and concluded on May 30, 2026.
Price Impact
More from RRECL