Retro Green Revolution Ltd

Standalone results

• Quarter ended 30.06.2026: standalone unaudited results; consolidated unaudited results.
• Trading is the sole reportable segment.
• Board approved unaudited results on 14 Aug 2026.
• Statutory Auditors expressed an unmodified opinion.

Standalone financials

• Standalone Total Income for the Period Rs -6.45 Lakhs.
• Paid-up equity share capital Rs 799.80 Lakhs.

Consolidated highlights

• Consolidated: single reportable segment – Trading.
• Consolidated Total Income for the Period Rs -6.45 Lakhs (Q1 2026).

Parties

• Retro Green Revolution Limited and GYSCOAL Enterprise Private Limited are the contracting parties.
• CINs: Retro LO01130GJ1990PLC014435; GYSCOAL CIN U40100GJ1999PTC036337.

Purpose

• Strategic investment to expand GYSCOAL; Retro may acquire up to 60% equity on a fully diluted basis.

Key Terms

• Proposed investment up to INR 45 crore in one or more stages.
• Subject to due diligence, internal/regulatory approvals, and execution of definitive agreements.
• Funding may be via preferential issue, rights issue, QIP, private/public placement, or internal accruals.
• Initial investment may be through ICD, secured/unsecured financial assistance, convertible loan, or convertible instruments.
• RETRO may acquire up to 60% on a fully diluted basis; exact % based on valuation and approvals.
• Proceeds for working capital, capex, technology upgrade, debt repayment, and growth.
• Valuation by Independent Valuer or SEBI-registered merchant banker.
• GYSCOAL to nominate two directors on RETRO's board.
• RETRO to nominate two directors on GYSCOAL's board.
• Exclusivity to negotiate the proposed transaction exclusively.
• Compliance: Companies Act 2013, SEBI, FEMA and other laws apply.
• Term: 60 days validity; extension possible by written consent.
• Termination: 15 days' notice; confidentiality and accrued rights survive.
• Governing law: India; arbitration in Ahmedabad, Gujarat; English language.
• Non-binding except confidentiality; definitive agreements required for binding rights.

Related party status

• Not disclosed; no promoter/group relationships stated.

Impact

• Potential ownership/control shift if 60% stake acquired; GYSCOAL could become RETRO subsidiary.
• Funds aimed at working capital, expansion, equipment upgrades.

Disclosures / Compliance

• Regulatory approvals required; due diligence; stock exchange/regulatory consents as applicable.
• Contingent on execution of definitive agreements.

Parties

• Parties: Retro Green Revolution Limited and GYSCOAL Enterprise Private Limited.
• Date of MOU: 12 August 2026.

Key terms

• Retro may acquire up to 60% equity in GYSCOAL on a fully diluted basis.
• Investment aims to support expansion, strategic growth, and long-term value creation.
• MOU is non-binding except confidentiality; basis for definitive Share Subscription and Shareholders Agreements.
• Definitive agreements include Share Subscription and Shareholders Agreements.
• Transaction subject to due diligence and regulatory approvals.

Regulatory & related-party

• Regulatory approvals required; due diligence to precede definitive agreements.
• Related party status: not disclosed; no promoter/group links stated.

Impact & next steps

• Potential impact: change in ownership up to 60% upon due diligence and approvals.
• Next steps: execution of definitive agreements and regulatory clearances.

Meeting Details

• Date and time: 14 August 2026 at 3:30 PM; venue: Registered Office.

Key Agenda Items

• Audited financial results for quarter ended 30 June 2026, with Auditor's Review Report.
• Any other business with the permission of the Chairman.

Other Notes

• No other material items disclosed.

Dematerialisation status

• Dematerialisation requests processed; securities received from depository participants for dematerialisation.
• No physical certificates were received for demat during the period.
• Securities dematerialised have been listed on the stock exchanges.
• Depository name substituted as registered owner in records within prescribed timeline.

Retro Green Revolution Ltd — Trading window closed from July 1, 2026 until 48 hours after the announcement of unaudited Financial results of the Company for the Quarter ended 30 June, 2026.

Standalone Financial Performance Q3 FY26

• Revenue from operations was Rs 0.00 lakh for Q3 FY26, down from Rs 47.25 lakh in Q3 FY25
• Total revenue was Rs 0.33 lakh in Q3 FY26 versus Rs 47.25 lakh in Q3 FY25
• Total expenses were Rs 0.33 lakh in Q3 FY26, down from Rs 40.96 lakh in Q3 FY25
• Net loss was Rs 0.01 lakh in Q3 FY26 versus net profit of Rs 6.29 lakh in Q3 FY25
• Basic EPS was negative Rs 0.00 in Q3 FY26 compared to positive Rs 0.02 in Q3 FY25
• No exceptional or extraordinary items reported in Q3 FY26

Standalone Balance Sheet Highlights

• Total assets stood at Rs 3,836.19 lakh as of Dec 31, 2025, stable vs Sep 30, 2025
• Non-current assets were Rs 3,734.49 lakh, unchanged from previous quarter
• Current assets were Rs 101.70 lakh as of Dec 31, 2025
• Equity share capital remained Rs 3,799.80 lakh
• Other equity was negative Rs 25.49 lakh as of Dec 31, 2025
• Non-current borrowings stood at Rs 54.22 lakh
• Current liabilities were Rs 6.80 lakh, down from Rs 26.71 lakh in March 2025

Consolidated Financial Performance Q3 FY26

• Consolidated revenue from operations was Rs 8.07 lakh in Q3 FY26, down from Rs 70.38 lakh in Q3 FY25
• Total consolidated revenue was Rs 8.39 lakh in Q3 FY26 versus Rs 70.38 lakh in Q3 FY25
• Total expenses were Rs 6.15 lakh in Q3 FY26, down from Rs 40.95 lakh in Q3 FY25
• Consolidated net profit was Rs 1.68 lakh in Q3 FY26 versus Rs 29.36 lakh in Q3 FY25
• Basic EPS was Rs 0.00 in Q3 FY26 compared to Rs 0.08 in Q3 FY25
• No exceptional items reported in consolidated results

Consolidated Balance Sheet Highlights

• Total consolidated assets were Rs 5,678.26 lakh as of Dec 31, 2025
• Non-current assets were Rs 5,040.75 lakh, stable vs Sep 30, 2025
• Current assets increased to Rs 637.51 lakh from Rs 562.88 lakh in March 2025
• Total equity was Rs 5,603.97 lakh as of Dec 31, 2025
• Non-current borrowings remained Rs 54.22 lakh
• Current liabilities were Rs 14.13 lakh, down from Rs 48.16 lakh in March 2025

Other Information

• Company operates in a single business segment
• Financial results prepared as per Indian Accounting Standards (Ind AS)
• Q3 FY26 figures are balancing figures between full year and year-to-date results
• Results reviewed by Audit Committee and approved by Board on Feb 12, 2026