Radhe Developers Receives BSE Listing Approval for 2.51 Crore Equity Shares on Preferential Basis

Radhe developers (India) Limited has secured a significant regulatory milestone with BSE Limited's in-principle approval for listing equity shares on a preferential basis. The approval represents a major step in the company's capital restructuring initiative involving the conversion of unsecured loans into equity. Listing Approval Details BSE Limited issued the in-principle approval letter on February 13, 2026, with reference number LOD/PREF/MV/FIP/1695/2025-26. The approval covers the listing of equity shares under the company's script code 531273 and script ID RADHEDE. Parameter: Details Number of Shares: 2,51,39,620 equity shares Face Value: ₹1 per share Basis: Preferential allotment Beneficiary: Promoters Purpose: Conversion of unsecured loan Approval Date: February 13, 2026 Reference Number: LOD/PREF/MV/FIP/1695/2025-26 Regulatory Framework The preferential allotment has been structured in accordance with Chapter V of the Securities and Exchange Board of India (Issue of Capital and Disclosure Requirements) Regulations, 2018. This regulatory framework governs the issuance of securities on a preferential basis to specific investors, including promoters. Corporate Disclosure The company fulfilled its disclosure obligations under Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Khyati Patel, with membership number A53258, signed the regulatory filing on behalf of Radhe Developers (India) Limited. Transaction Structure The approved equity shares will be allotted to promoters as part of a loan conversion mechanism. This structure allows the company to convert existing unsecured loans into equity capital, potentially strengthening its balance sheet by reducing debt obligations and increasing equity base. The preferential basis ensures that the shares are allocated to specific promoter entities rather than through a public offering process. Radhe Developers (India) Limited has fulfilled its regulatory obligations by publishing its Q3FY26 unaudited financial results in newspapers on January 31, 2026. The company submitted newspaper publication copies to BSE Limited, complying with Regulation 47 read with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Regulatory Compliance and Publication The company published its financial results in Free Press Gujarat and Lokmitra newspapers on January 31, 2026. Company Secretary & Compliance Officer Khyati K. Patel (M.No.-A53258) submitted the newspaper advertisement copies to BSE Limited, confirming compliance with mandatory disclosure requirements. The results are also available on the company's website at www.radhedevelopers.com . Q3FY26 Financial Performance Summary The published financial results show the company's performance for the quarter and nine months ended December 31, 2025. The quarterly results demonstrate mixed performance with revenue challenges but strong nine-month profitability. Metric Q3FY26 Q2FY26 Q3FY25 9M FY26 9M FY25 Total Income from Operations ₹10.34 lakhs ₹249.73 lakhs ₹2.78 lakhs ₹875.19 lakhs ₹349.78 lakhs Net Profit/(Loss) After Tax (₹152.57 lakhs) ₹78.62 lakhs (₹137.99 lakhs) ₹313.84 lakhs (₹91.26 lakhs) Earnings Per Share (Basic) (₹0.03) ₹0.02 (₹0.03) ₹0.06 (₹0.02) Equity Share Capital ₹5,237.42 lakhs ₹5,237.42 lakhs ₹5,237.42 lakhs ₹5,237.42 lakhs ₹5,237.42 lakhs Board Approval and Audit Review The Board of Directors approved the Q3FY26 results during their meeting held on January 30, 2026, under the leadership of Managing Director Ashish Patel (DIN: 00228026). The Audit Committee reviewed the quarterly results before board approval, ensuring proper governance procedures. Financial Highlights and Performance Analysis For the quarter ended December 31, 2025, the company reported total income from operations of ₹10.34 lakhs compared to ₹2.78 lakhs in Q3FY25, showing significant year-over-year improvement. However, the company recorded a net loss of ₹152.57 lakhs for the quarter. The nine-month performance demonstrates strong recovery with total income from operations reaching ₹875.19 lakhs compared to ₹349.78 lakhs in the corresponding period last year. The company achieved a turnaround with net profit of ₹313.84 lakhs for the nine-month period versus a loss of ₹91.26 lakhs in the previous year. Corporate Information and Contact Details Radhe Developers (India) Limited operates with CIN: L45201GJ1995PLC024491 and maintains its registered office at Radhe Acres, Block No. 220, 226 & 227, B/h. Applewoods Township, Shela, Ahmedabad-380058. The company can be contacted at +91 79-26583381/2 and through email at secretarial@radheinfra.com . We’re building Scanx - to help you express your trading & investing idea, to help you analyse the markets better. Stock Markets are the true indicator of the growth of any country's economy. 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