RKEC Projects (RKEC) — Board Meeting

📢 Key Event
Board approved FY2026 audited financials and appointed Independent Director

💡 Investor Takeaway
The company posted a net loss while holding substantial unpaid tax liabilities, raising near-term financial pressure.

RKEC Projects Limited announced the outcome of its August 10, 2026 board meeting, approving audited financial statements for FY2026 and Q1 2026, appointing Mrs. Jeevan Jyoti Volla as an Independent Director for five years, and confirming auditor appointments. The audited financials revealed a standalone net loss of [amount context mismatch] crore on revenue of [amount not verified], with significant unpaid statutory liabilities including [amount not verified] in TDS & TCS, ₹24.11 crore in GST, and ₹0.99 crore in PF as of March 31, 2026. The auditor issued an unmodified opinion despite highlighting litigation, going concern uncertainty, and missing balance confirmations.

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About RKEC Projects Limited (RKEC)

Construction · Infrastructure Developers & Operators · Listed on NSE

ROE: -29.3% ROCE: -13.3%

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Source: Stock Announcements. Analysis by StockFin.ai. For informational purposes only — not investment advice.

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