RKEC Projects Limited — Others, 28-05-2025: Change in Management

RKEC Projects Limited has announced a board meeting to approve the financial results for the quarter and half-year. The Board approved audited consolidated and standalone results showing profit before tax of Rs. 29.96 Cr standalone and Rs. 29.98 Cr consolidated, with net profit after tax of Rs. 20.03 Cr standalone and Rs. 20.04 Cr consolidated. The company plans a preferential issue of 18.3 lakh shares at Rs. 82 each to promoters to convert loans, raising Rs. 15.06 Cr. It approved amendments to its Memorandum and Articles and re-appointed Lt. Gen. P R Kumar as Independent Director for five years, pending shareholder approval. New auditors were appointed for internal, cost, and secretarial audits for FY2025-26, with unqualified audit reports.