BSEResult13 Aug 2026 · 13 Aug 2026, 01:59 pm
We hereby submit unaudited standalone and consolidated financial results of the Company for the quarter ended 30th June, 2026 along with limited review report thereon.
Riddhi Siddhi Gluco Biols Ltd-$ · 524480
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Riddhi Siddhi Gluco Biols Ltd has submitted unaudited standalone and consolidated financial results for the quarter ended June 30, 2026, along with a limited review report. The company has approved a resolution for availing a financial facility from a related party, Bluecraft Agro Private Limited, up to Rs. 200 Crores. The independent auditors have reviewed the financial results and found nothing to indicate material misstatement.
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Growth Catalyst3/10
Governance Concern2/10
Regulatory Risk4/10
Balance Sheet Risk6/10
Liquidity Impact8/10
Market Sentiment5/10
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Riddhi Siddhi Gluco Biols Ltd-$ - 524480 - Results- Financial Results For June 30, 2026
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13.08.2026
BSE Limited
Phiroze Jeejeebhoy Towers,
Dalal Street,
Mumbai – 400001
Scrip Code: 524480
Subject: Outcome of Meeting of Board of Directors of Riddhi Siddhi Gluco Biols Limited
(“Company”) held today i.e. on Thursday, 13th August, 2026.
Dear Sir/Madam,
With reference to above subject and in compliance with the Securities and Exchange Board of India
(Listing Obligation and Disclosure Requirements) Regulations, 2015, ("Listing Regulations"), we hereby
submit outcome of the meeting of the Board of Directors of the Company which was commenced at
12.30 P.M. and concluded at 01.40 P.M. on Thursday, 13th August, 2026.
1. Pursuant to Regulation 30 & 33 of Listing Regulations, we hereby inform you that the Board of
Directors of the Company has, inter alia, approved Unaudited Standalone and Consolidated
Financial Results of the Company for the Quarter ended on 30th June, 2026 and took note of the
Limited Review Reports issued by the Statutory Auditors M/s. Batliboi & Purohit, Chartered
Accountants, Mumbai. Copy of the same are annexed herewith.
2. Pursuant to Regulation 23 of Securities and Exchange Board of India (Listing Obligations and
Disclosures Requirements) Regulations, 2015 ("SEBI Listing Regulations") and subject to the
prior approval of shareholders of the Company at ensuing AGM and in pursuance to
recommendation received from Audit Committee of the Company, the Board of Directors has
approved the resolution for availing the financial facility by way of borrowing from Bluecraft
Agro Private Limited (“BAPL”), a related party of the Company pursuant to Section 2(76) of
the Companies Act, 2013 and of Securities and Exchange Board of India (Listing Obligations
and Disclosures Requirements) Regulations, 2015 , for an aggregate amount not exceeding Rs.
200.00 Crores (Rupees Two Hundred Crore only) in one or more tranches (outstanding on net
basis at any point of time).
Kindly update the same on your records.
Thanking You,
For, RIDDHI SIDDHI GLUCO BIOLS LIMITED
SHARAD JAIN
COMPANY SECRETARY &
COMPLIANCE OFFICER
MEMBERSHIP NO. F13058
CA Batl iboi --<Pu roh it
CH ARTER ED ~!ccOUNTANTS
IND I A
Head Office (Mumbai) : National Insurance Building, 204, Dadabhoy Naoroji Road, Fort, Mumbai -400 001.
Tel. : +91-22-4616 5958 / 2207 7941 / 4260 • E-mail : info@batliboipurohit.com • Website : www.batliboipurohit.com
Independent Auditors' Review Report on Standalone Unaudited Financial Results
of Rid hi Siddhi Gluco Biols Limited for the quarter ended June 30, 2026, pursuant
to the Regulation 33 of the SEBI (Listing Obligations and Disclosure
Requirements) Regulations, 2015, as amended.
Review Report
To the Board of Directors
RIDDHI SIDDHI GLUCO BIOLS LIMITED
1. We have reviewed the accompanying statement of Standalone Unaudited Financial
Results of RIDDHI SIDDHI GLUCO BIOLS LIMITED (the "Company") for the
Quarter ended June 30, 2026 (the "Statement") attached herewith, being submitted
by the Company pursuant to the requirement of Regulation 33 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015, as amended ("Listing
Regulations").
2. The Company's Management is responsible for the preparation of the Statement in
accordance with the recognition and measurement principles laid down in Indian
Accounting Standard 34, (Ind AS 34) "Interim Financial Reporting" prescribed under
Section 133 of the Companies Act, 2013, as amended, (the "Act") read with relevant
rules issued thereunder and other accounting principles generally accepted in India
and in compliance with Regulation 33 of the Listing Regulations. The Statement has
been reviewed by the Audit Committee and approved by the Board of Directors of
the Company. Our responsibility is to express a conclusion on the Statement based
on our review.
3. We conducted our review of the Statement in accordance with Standard on Review
Engagements (SRE) 2410, 'Review of Interim Financial Information Performed by
the Independent Auditor of the Entity', issued by the Institute of Chartered
Accountants of India (ICAI). A review of Interim Standalone Financial Results
consists of making inquiries, primarily of the Company's personnel responsible for
financial and accounting matters, and applying analytical and other review
procedures. A review is substantially less in scope than an audit conducted in
accordance with Standards on Auditing specified under Section 143(10) of the
Companies Act, 2013 and consequently does not enable us to obtain assurance that
we would become aware of all significant matters that might be identified in an audit.
Accordingly, we do not express an audit opinion.
4. Based on our review conducted and procedures performed as stated in paragraph
3 above, nothing has come to our attention that causes us to believe that the
accompanying Statement, prepared in accordance with the recognition and
measurement principles laid down in the aforesaid Indian Accounting Standards and
other accounting principles generally accepted in India, has not disclosed the
information required to be disclosed in terms of Regulation 33 of the SEBI (Listing
Obligations and Disclosure Requirements) Regulations, 2015, as amended,
including the manner in which it is to be disclosed, or that it contains any material
misstatement.
I DELHI I PUNE I NAVI MUMBAI I THANE
CA Batl iboi ,<Pu roh it
CH ARTE RED ~ ! ccOUNTANTS
IND I A
Emphasis of Matter
5. We invite attention to Note 3 to the Statement of the Company, wherein it has been
stated that the Company has received an order from the Commissioner of Income
Tax (Appeals) (CIT Appeals) for the various assessment proceedings conducted
against the Company under sections 153A of the Income-tax Act, 1961 for the
Assessment Year commencing from 2013-14 to Assessment Year 2020-21.
According to the order, the CIT Appeals had dropped the various additions made by
the Assessing Officer based on the search and seizures conducted by the Income
Tax Department. For the matters related to addition of income/ disallowance of
expenses amount aggregating to lakhs wherein the CIT Appeals upheld the
additions made by the Assessing Officer, the Company has filed an appeal with the
Income Tax Appellate Tribunal, Ahmedabad and is hoping to receive a favourable
order and hence no provision for the same has been made in the books of accounts
and the same is being considered as a contingent liability.
Our conclusion is not modified in respect of the above matter.
Other Matter
6. The Statement includes the results for the quarter and year ended March 31, 2026
being the balancing figures between the audited figures in respect of full financial
year ended March 31, 2026 and the published unaudited year to date figures up to
the third quarter of the previous financial year, which were subjected to limited review
by us, as required under the Listing Regulations, as amended.
Our conclusion is not modified in respect of the above matter.
For Batliboi & Purohit
Chartered Accountants,
Firm's Registration No. 101048W
Parag Hangekar
Partner
Membership No. 110096
UDIN: 26110096SYFWFB5165
Place: Mumbai
Date: August 13, 2026
RIDDHI SIDDHI GLUCO BIOLS LIMITED 6'Rlddhf
Slddhl
CIN : L10620GJ1990PLC013967
REGISTERED OFFICE : 10, AB~ISHREE CORPORATE PARK, OPP. SWAGAT BUNGLOWS BRTS BUS STOP, AMBLI-BOPAL ROAD, AHMEDABAD -380 058.
STATEMENT OF UNAUDITED STANDALONE FINANCIAL RESULTS FOR THE QUARTER ENDED JUNE 30, 2026
(r In lakhs except per share data)
Sr. Particulars Quarter ended Year ended
No. 30.06.2026 , 31.03.2026 30.06.2025 31.03.2026
(Unaudited) (Refer Note 6) '(Unaudited) (Audited)
I. INCOME
(a) Revenue from operations 8,014.69 118.03 14,543.42 20,312.55
(b) Other Income 2,478.58 1,823.45 2,954.00 9,951.87
Total Income 10,493.27 1,941.48 17,497.42 30,264.42
II. EXPENSES
(a) Cost of materials consumed 13.48 - - -
(b) Purchases of stock-In-trade 8,402.81 527.65 14,779.89 18,757.16
( c) Changes In stock of finished goods, work-In-progress and stock-In-trade (908.86) (402.92) (975.59) 143.72
(d) Empl
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