Riddhi Siddhi Gluco Biols News

Riddhi Siddhi Gets Mixed SAT Ruling on SEBI Appeals

Securities Appellate Tribunal partly allows Riddhi Siddhi Gluco Biols' appeal, reducing debarment period while upholding MPS non-compliance findings and dismissing penalty appeal.

Riddhi Siddhi Gluco Biols Q3FY26 Results Mixed

Riddhi Siddhi Gluco Biols reported Q3FY26 standalone net profit of ₹886.05 lakhs vs ₹2,662.85 lakhs YoY. Revenue declined to ₹3,123.92 lakhs from ₹3,189.66 lakhs in Q3FY25.

Riddhi Siddhi Gluco Biols Reports Mixed Performance with Wind Energy Growth Offsetting Trading Decline

Riddhi Siddhi Gluco Biols Limited approved unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025, showing wind energy generation segment performing well while trading business declined. The company faces ongoing income tax appeals totaling ₹308 lakhs and SEBI regulatory matters, with subsidiary's paper division assets requiring further impairment of ₹6,956.48 lakhs due to disposal delays.

Riddhi Siddhi Gluco Biols Approves Quarterly Results and Key Board Appointments

Riddhi Siddhi Gluco Biols Limited's Board approved unaudited standalone and consolidated financial results for the quarter ended June 30, 2025. The company reported revenue from operations of ₹14,543.42 lakhs and profit after tax of ₹1,831.61 lakhs for the quarter. The Board recommended re-appointment of Mr. Ganpatraj Chowdhary as Managing Director for three years (October 1, 2025 to September 30, 2028), subject to shareholder approval. Mr. Siddharth Chowdhary was recommended for re-appointment as Whole-Time Director for the same period. The Board also approved re-appointment of Mr. Mahendra Kumar Bhandari as Independent Director for five consecutive years and his continuation even after attaining 75 years of age. New appointments include Mr. Kinjal Shah as Secretarial Auditor for five financial years (2025-26 to 2029-30) and M/s. Deopura & Kabra as Internal Auditor for 2025-26. The company scheduled its 34th Annual General Meeting for September 25, 2025, with September 18, 2025 as the cut-off date for voting eligibility and record date for final dividend. The Board approved material related party transactions with subsidiary Shree Rama Newsprint Limited for loans/guarantees up to ₹50 crores.