500358

Rama Petrochemicals Limited submitted its Annual Secretarial Compliance Report for the financial year ended March 31, 2026. The report highlighted a non-compliance regarding the delayed application for listing of equity shares allotted on a preferential basis following warrant conversion. As a result, the company was fined ₹1,722,800, which was paid under protest after a waiver request was denied by the stock exchange.

Rama Petrochemicals Limited announced the re-appointment of M/s H. G. Sarvaiya & Co., Chartered Accountants (Firm Registration No. 115705W), as the Internal Auditor of the Company for the Financial Year 2026-2027. The re-appointment was approved by the Board of Directors on May 26, 2026, based on the recommendation of the Audit Committee.

Rama Petrochemicals Limited's Board of Directors approved the Q4 and year-ended March 31, 2026, standalone and consolidated financial results. The filing highlights that both standalone and consolidated audit reports were issued with a modified opinion. The Board also re-appointed M/s H. G. Sarvaiya & Co as the internal auditor for FY27 and approved the 40th Annual General Meeting to be held on August 6, 2026.

Consolidated Revenue ₹15.91 Lacs vs ₹3.61 Lacs (▲340.7% YoY). EBITDA loss widened to ₹43.69 Lacs from ₹37.81 Lacs (▲15.6% YoY). PAT loss widened to ₹195.24 Lacs from ₹182.79 Lacs (▲6.8% YoY). EBITDA Margin improved from -1013.7% to -270.0%. Auditors issued a Qualified Opinion on both Standalone and Consolidated Financial Results, a repetitive issue since 2021-2022, regarding the treatment of ₹185 Lacs payment as 'Other Financial Assets'.

Consolidated Revenue (Net Sales) for Q4 FY26 was ₹15.91 Lacs vs ₹3.61 Lacs (▲340.72% YoY). EBITDA was a loss of ₹43.92 Lacs vs ₹38.22 Lacs (loss deepened by 14.91% YoY). PAT was a loss of ₹195.24 Lacs vs ₹182.79 Lacs (loss deepened by 6.81% YoY). The auditors issued a qualified opinion on the financial results due to non-compliant accounting treatment of ₹185 Lacs for collateral securities.

Rama Petrochemicals Limited announced that its Board of Directors will meet on May 26, 2026, to consider and approve the Audited Standalone and Consolidated Financial Results for the quarter and year ended March 31, 2026. The trading window for insiders is closed from April 01, 2026, until 48 hours after the Board Meeting.