RCI Industries & Technologies Ltd — Important, 19-10-2025: Company Update

The company's Monitoring Committee, formed after the NCLT-approved resolution plan, has taken key steps for its implementation. The Chairman is now authorized to manage bank accounts and oversee daily operations, signaling progress in stabilizing the business. The Committee also noted compliance with financial reporting by acknowledging audited financial statements and quarterly results. Furthermore, M/s R. Bansal & Co. was approved for re-appointment as Statutory Auditors for a five-year term, ensuring continued financial oversight. A decision on renewing a job work MOU for JTL Industries Limited will be made at the next meeting.