Radha Madhav Corporation Limited
Incorporated in 1994, Radha Madhav Corporation Ltd is a multi material, multi process, multi product packaging solutions provider.
What Radha files
- Others35
- Important13
- Updates11
- Board Meeting10
- Results6
Company financials are not comparable to past periods. A recently approved NCLT resolution plan drastically readjusted assets and liabilities, alongside a change in management. This fundamental shift makes historical financial analysis challenging for investors.
Company clarifies NCLT waived historical non-compliance penalties up to Aug 2022. It is exempt from certain corporate governance norms due to capital below ₹10 Cr paid-up and ₹25 Cr net worth. No consolidated financials are submitted as a key acquisition is still pending.
RMCL clarifies its financial results reflect major restructuring following court approval, with assets and liabilities readjusted. Prior period figures are not comparable due to fundamental changes in management and operations, impacting investor interpretation. Auditors also highlight the going concern basis for these financials.
The company clarifies its financial results are prepared on a going concern basis. Investors should note previous period figures are not comparable due to recent changes in management and business activities, impacting trend analysis.
The company clarified its financial results are not comparable with prior periods. This is due to a recently approved debt resolution plan and a change in management, which led to a significant readjustment of assets and liabilities. This impacts investor interpretation.