RSWM Limited announced the outcome of its Board Meeting held on May 6, 2026. The Board approved the Audited Financial Results for the quarter and year ended March 31, 2026, including the Statement of Assets and Liabilities and Statement of Cash Flow. The company also approved the issuance of a Letter of Comfort in favor of LNJ Institute of Skills & Technology Private Limited, a subsidiary of an associate company. Furthermore, the Board approved the formulation and adoption of the "RSWM Limited Employee Stock Option Plan 2026" (ESOP Plan) for eligible employees and its subsidiaries, subject to shareholder and regulatory approvals. The ESOP Plan allows for the grant of stock options convertible into up to 9,70,000 equity shares. The Board meeting commenced at 2:00 P.M. and concluded at 4:45 P.M. The audited financial results (standalone and consolidated) for the quarter and year ended March 31, 2026, along with the Auditors' Report and a Declaration of Unmodified Opinion, have been enclosed. The financial statements include the results of subsidiaries BG Wind Power Limited and LNJ Greenpet Private Limited (w.e.f. January 21, 2026), and associate LNJ Skills & Rozgar Private Limited (LNJ SKILLS). The company also noted the impact of new labor codes and the income tax act, leading to adjustments in employee benefits and deferred tax liabilities.
