Riddhi Siddhi Gluco Biols Ltd

Board actions

• Board approved unaudited standalone and consolidated results for quarter ended June 30, 2026.
• Limited Review Reports by Batliboi & Purohit were noted.

Standalone financials

• Revenue from operations: 8,014.69 lakhs; Total income: 10,493.27 lakhs.
• PAT: 1,350.45 lakhs; Basic EPS: 18.94; Diluted EPS: 7.26.

Consolidated financials

• Total income: 10,686.29 lakhs; Revenue from continuing operations: 8,986.85 lakhs.
• Profit after tax from continuing operations: 388.46 lakhs; Total PAT: 300.53 lakhs.
• EPS (Basic): 5.37 Rs.

Acquisitions & new businesses

• APA with CIPL for starch division completed; assets acquired.
• Acquired 26% stake in Clean Max Pluto Solar Power LLP (25.30 MW) in July 2026.
• Davangere facility manufacturing activities planned; starch division operations included Apr 27–Jun 30, 2026.

MPS, OFS & promoter changes

• OFS divested 8,23,422 equity shares.
• Promoter holding reduced to 75%, public at 25%.
• Restraint period six months from June 24 to December 23, 2026.

Discontinued operations & notes

• Paper Division impairment recognized: Rs 2,784.33 lakhs; no further impairment expected.
• Discontinued operations disclosed; SRNL assets disposed piecemeal; fair valuation reassessed.

Regulatory & disclosures

• Statements prepared per Ind AS; Audit Committee reviewed; Board approved.
• Results filed with stock exchanges under Regulation 33 of SEBI LODR.

Meeting Details

• Board meeting scheduled for Thursday, 13 August 2026.
• Time and venue not disclosed.

Key Agenda Items

• Unaudited standalone and consolidated financial results for quarter ended 30 June 2026.
• Adopt Limited Review Reports for standalone and consolidated results for quarter ended 30 June 2026.

Other Notes

• Trading window closed for designated persons from 1 July 2026 until 48 hours after June quarter results.

Transfer details

• On 7 July 2026, RSGBL completed 26% transfer in Clean Max Pluto Solar Power LLP.
• Transfer under Asset Purchase Agreement dated 19 January 2026 with Cargill.
• Plant capacity is 25.30 MW.
• Transfer enables captive user status and long-term, cost-competitive solar/wind power for Davangere facility.

Resolutions and outcomes

• Purpose: two Special Resolutions for shifting registered office and MOA alteration.
• Resolution 39(1) – Shift registered office from Gujarat to Haryana; amend MOA.
• Resolution 39(2) – Alter Main Object Clause of MOA.
• Outcome: both resolutions approved by requisite majority; deemed passed on last date of voting.
• Voting pattern: 100% in favour on votes polled; no material votes against; no abstentions reported.
• Material governance impact: changes to MOA and relocation of registered office.
• Administrative: voting window June 4 to July 3, 2026; cut-off May 29, 2026; Scrutinizer report filed.

Rating action

• Crisil reaffirms long-term BBB- with Negative outlook and short-term A3; watch removed.

Instruments rated

• Loan facilities availed by the company rated BBB-/Negative (LT) and A3 (ST).

Past vs present

• Previous ratings were BBB- / Watch with Negative (LT) and A3 / Watch with Negative (ST); reaffirmed.

Outlook

• Long-term outlook remains Negative.

Rating action

• Long-term rating revised to BBB- with Negative outlook; watch removed.
• Short-term rating revised to A3; watch removed.

Instruments/Facilities Rated

• Instruments/Facilities Rated: Loan facilities; Long-term BBB-, Short-term A3.

Rating Agency

• Agency: Crisil Ratings.

Outlook and watch

• Outlook: Negative.
• Watch status: Removed.

Material change

• Watch with Negative Implications removed.

Riddhi Siddhi Gluco Biols Limited: Trading Window closed from 1 July 2026 till expiry of 48 hours after public announcement of Un-audited Financial Results for the Quarter ended 30 June 2026 (both days inclusive).