Rupa & Company Limited Releases Quarterly Financial Results; Approves Key Personnel Changes and Sub-Unit Divestment

Rupa & Company Limited Releases Quarterly Financial Results; Approves Key Personnel Changes and Sub-Unit Divestment​

Rupa & Company Limited has announced its unaudited consolidated and standalone financial results for the quarter ended June 30, 2026. The company’s Board of Directors approved various corporate actions during the meeting held on August 10, 2026, including the appointment of new key managerial personnel and the approval of a divestment of its investment in Oban Fashions Private Limited.

The standalone financial results were reviewed by M/s Singhi & Co., Statutory Auditors. The company confirmed that the unaudited consolidated results include subsidiaries such as Imoogi Fashions Private Limited, Euro Fashion Inners International Private Limited, Oban Fashions Private Limited, and Rupa Bangladesh Private Limited.

Financial Highlights for Quarter Ended June 30, 2026​

The financial performance data highlights revenue from operations and net profits across both the standalone and consolidated entities for the quarter compared to previous periods.

Personnel Changes and Governance Structure​

The Board meeting approved significant changes within its key managerial personnel structure. Mr. Rajat Arora (ICSI Membership No. F12068) was appointed as the Whole-time Company Secretary and Compliance Officer, effective August 26, 2026.

In related changes, Mr. Sumit Khowala (ICSI Membership No. A25299) will vacate the position of Compliance Officer with effect from August 25, 2026. However, he will continue to hold the office of Chief Financial Officer of the Company.

The Board also approved a revised list of Key Managerial Personnel (KMP) authorized for corporate governance functions. The personnel are organized by authority for determining materiality and making disclosures:

Divestment of Subsidiary Investment​

The Board approved the divestment of Rupa & Company Limited’s entire investment in Oban Fashions Private Limited, a wholly-owned subsidiary. The investment consisted of 99,10,000 Equity shares (face value X1/- each) and 49,50,000 Non-cumulative Compulsorily Convertible Preference Shares (face value X1/- each).

The divestment involves transferring the entire shareholding to a body corporate belonging to the Promoter group. The transaction is planned for completion on or before September 30, 2026. The consideration received from this sale/disposal was Rs 4,45,800/. Upon completing the transfer, Oban Fashions will cease to be a subsidiary of the company.

The financial details regarding the divestment include:

• Status of Subsidiary: Oban Fashions Private Limited is currently not carrying on any business operations.
• FY 2025-26 Contribution: The subsidiary reported Nil in Turnover and Zero in Total Income, with a Net Worth of 306.62 lakhs. Its contribution to the consolidated financials was Nil for Turnover, 0.002% for Total Income, and 0.29% for Net Worth.
• Transaction Nature: The transaction is proposed to be undertaken on an arm’s length basis.

Management also confirmed that there were no exceptional items during the quarter ended June 30, 2026, in relation to the consolidated results.

RUPA Stock Price Movement​

Shares of Rupa & Company Limited today slipped by 0.03% in post-market trading, settling at ₹164.80 after a volatile session. The stock traded on a volume of 89,561 shares as the market closed for the day.