Ravinder Heights Ltd

Resignation of Company Secretary & Compliance Officer

• Ms. Vertika (ACS 74813) resigns as Company Secretary & Compliance Officer effective September 30, 2026 for personal reasons.

Appointment

• Ms. Akansha Gupta (Membership No. A74486) appointed Company Secretary & Compliance Officer (KMP) effective Oct 01, 2026.
• Disclosure of relationships with directors or promoters: Not Applicable.

AGM Details

• AGM held on 26 September 2026 at 10:00 AM at Hotel Best Western, Zirakpur.
• Mode: physical meeting with remote e-voting facility.
• Remote e-voting opened 23 September 2026 09:00 IST and closed 25 September 2026 17:00 IST.
• Ballot voting conducted at AGM; votes unblocked at 5:15 PM on 25 September 2026.
• No abstentions observed in electronic voting.

Key Resolutions

• Ordinary: Adopt standalone financial statements for FY ended 31 March 2026.
• Ordinary: Adopt audited consolidated financial statements for FY ended 31 March 2026.
• Ordinary: Re-appoint director retiring by rotation (Ms. Radhika Jain).

Voting Results

• Adoption of standalone financial statements — Passed with 99.99% in favour; 0.01% against.
• Adoption of consolidated financial statements — Passed with 99.99% in favour; 0.01% against.
• Re-appointment of director — Passed with 99.99% in favour; 0.01% against.

Dividend

• No dividend proposed or declared.

Director Changes

• Radhika Jain retires by rotation and is re-appointed as director.

Auditor Appointments

• No auditor changes disclosed.

Material Related Party Transactions

• No material related party transactions approved.

Other Material Approvals

• No other material approvals disclosed.

AGM Details

• Date/time: 26 September 2026, 10:00 A.M.; venue: Hotel Best Western, Zirakpur, Punjab.
• Mode: hybrid physical AGM with remote e-voting (Sept 23–25, 2026) and ballot voting.

Key Resolutions

• Ordinary: Receive, consider and adopt standalone financial statements for year ended March 31, 2026.
• Ordinary: Receive, consider and adopt audited consolidated financial statements for year ended March 31, 2026.
• Ordinary: To appoint a Director in place of Ms. Radhika Jain, retiring by rotation, and re-appoint.

Voting Results

• Adoption of standalone financials: passed 99.99% in favour, 0.01% against.
• Adoption of consolidated financials: passed 99.99% in favour, 0.01% against.
• Director appointment: passed 99.99% in favour, 0.01% against.

Director Changes

• Ms. Radhika Jain retires by rotation; re-appointed as director.

AGM Details

• AGM held on September 26, 2026 at 10:00 A.M. IST.
• Held physically at Best Western Maryland Hotel, Zirakpur.
• Quorum achieved with 48 members present.

Resolutions Put to Vote

• Ordinary: Adoption of standalone and consolidated financial statements for FY2026.
• Ordinary: Re-appointment of retiring director Radhika Jain by rotation.

Voting Status

• Remote e-voting conducted Sep 23–25, 2026; ballots at AGM.
• Outcomes not disclosed in the filing; results to be declared within 2 working days.

Directors & Attendance

• Chairperson cum MD Sunanda Jain chaired the meeting.
• Directors present: Sumit Jain and Raghava Lakshmi Narasimhan.
• In attendance: CFO Kamal Lakhani; Company Secretary Vertika.
• Leave of absence for several directors.
• Scrutinizer appointed: Girish Madan; ballots counted under scrutiny.

Dividend & Other Approvals

• No dividend proposed or declared.
• No material RPTs or ESOPs reported in this chunk.

Ravinder Heights Limited Trading Window Closure from 01 October 2026 to 48 hours after the declaration of the unaudited standalone and consolidated financial results for the quarter ended 30 September 2026

Financial performance

• Standalone revenue Rs 150.57 Lakhs; PAT Rs (59.22) Lakhs.
• Standalone EBITDA Rs 9.56 Lakhs; PBT Rs (72.94) Lakhs.
• Consolidated revenue Rs 8,155.62 Lakhs; PBT Rs 6,630.67 Lakhs; PAT Rs 4,889.10 Lakhs.
• Dividend on equity shares not declared; reserves unchanged.
• Share equity Rs 613.25 Lakhs; debt zero.

Strategic developments

• DDJAY affordable plotted colony launched, 39.43125 acres, Harsaru Gurugram.
• Joint development with Bestech named Bestech City 2.
• 62 acres land held via wholly owned subsidiaries.
• DDJAY licenses for 12.3812 and 39.43125 acres.
• Revenue from plot sales recognised on registry/possession.

Capital structure & liquidity

• No borrowings; debt-to-equity 0:1; liquidity managed.
• Share capital Rs 613.25 Lakhs; 6,13,25,746 equity shares.
• Promoter holding 74.74%; Indian public 16.62%; others 8.64%.
• Dividend not declared; CSR exemption due to thresholds.
• Standalone cash/bank Rs 158.93 Lakhs approx.

Governance & risk

• Board strength 8 directors; 2 Executive, 6 Non-Executive including 5 Independent.
• Audit, Nomination & Remuneration, and Stakeholders Relationship committees in place.
• Independent Directors: Sunil Anand (appointed May 2025) and Chander Mohan Mehra (Nov 2025).
• FY2025-26 non-compliance: delay in board intimation; late approval for independent director above 75; fines paid.
• Secretarial audit by RAA & Associates LLP; no material qualifications.

Subsidiaries & group structure

• Material subsidiaries: Radhika Heights Limited; Nirmala Buildwell Private Limited.
• WOS: Radicura Infra, Sunanda Infra, Cabana Construction, Nirmala Organic Farms, Nirmala Buildwell.
• 62 acres land owned; DDJAY collaboration with Bestech for plot development.
• Consolidated statements include material subsidiaries; Form AOC-1 disclosed.

Related party transactions

• Policy on Related Party Transactions disclosed; arm's length; no material RPT with promoters.
• RPTs reviewed by Audit Committee; omnibus approvals for repetitive transactions.

Audits & compliance

• Statutory auditors reappointed for five years; Secretarial auditors appointed for five years.
• Secretarial reports annexed; no qualifications; CSR provisions exempt.

Outlook & risks

• Real estate sector outlook positive; DDJAY and affordable housing supported by policy.
• Risks include regulatory changes, economic uncertainty, and interest rate fluctuations.
• Management emphasizes robust risk management and internal controls.