R M Drip and Sprinklers Systems Ltd

• Approved Q3 unaudited financial results for 2025. • Acquired 100% equity in Brahmanand Pipes Pvt Ltd. • Leadership changes: new Managing Director appointment and director resignation. • Acquisition aims to increase production capacity by ~50%.

📈 Overview of Recent Company Updates

Financial Results Approval

• The Board approved the unaudited standalone and consolidated financial results for the quarter ended December 31, 2025.
• These are backed by statutory auditors’ review reports under Indian Accounting Standard 34 (Interim Financial Reporting).

Acquisition of Brahmanand Pipes Private Limited

• Completed acquisition of 100% equity shares (1,00,000 shares at Rs.10 each) on January 29, 2026.
• BPPL, incorporated on March 6, 2025, is engaged in manufacturing, storage, and distribution of pipes and related agri-business.
• This strategic move aims to increase production capacity by approximately 50%.
• No regulatory approvals were required; total consideration paid was Rs. 10 lakh.
• Though promoter family members hold stakes and roles in BPPL, this transaction is not a related party deal and is conducted at arm's length.

Leadership and Board Changes

• Mr. Nivrutti Pandurang Kedar moved from Chairman and Managing Director to Non-Executive Chairman.
• Mr. Atharva Nivrutti Kedar appointed as Managing Director effective January 29, 2026, pending shareholder approval; he has a technical background and industry experience.
• Ms. Neha Karekar Pramod appointed as Additional Non-Executive Independent Woman Director, bringing significant secretarial and compliance expertise.
• Resignation of Mrs. Kavita Ashish Pandare as Independent Director noted due to personal reasons.

Potential Perceptions

• The capacity increase via acquisition may indicate growth potential and efforts to scale operations.
• Leadership changes hint at a generational succession and possible enhanced governance.
• Auditor-reviewed financial results strengthen transparency for stakeholders.
• Disclosure about promoter involvement in BPPL ensures openness about related interests.

This comprehensive update provides investors with significant strategic and governance information regarding the company’s development.