Rubfila International Limited has informed the stock exchanges regarding the outcome of its Board of Directors meeting held on September 11, 2026. The meeting commenced at 3.00 p.m. and concluded at 3.15 p.m. The primary agenda considered and approved during the meeting was the receipt of a formal request dated August 25, 2026, from Mrs. Bharati Bharat Dattani seeking re-classification of her status from the “Promoter and Promoter Group” category to the “Public” category pursuant to Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Mrs. Dattani currently holds 6,95,091 equity shares of the company, which represents approximately 1.28% of its total paid-up equity share capital.

The Board evaluated the request along with the formal declarations submitted by Mrs. Bharati Bharat Dattani. It was noted that she does not exercise control over the management or affairs of the company, holds no special rights or representation on the Board of Directors, does not act as Key Managerial Personnel, and is not a willful defaulter or fugitive economic offender. Evaluating these confirmations against Regulation 31A compliance, the Board approved initiating the re-classification process. The company will now submit formal applications to BSE Limited and the National Stock Exchange of India Limited for necessary No-Objection/approval, following which the proposal will be placed before the shareholders for final approval in accordance with statutory timelines.

Rubfila International Limited is a prominent Indian manufacturer and global exporter specializing in Heat Resistant Latex Rubber Threads (HRLRT) and corrugated packaging boxes, serving diverse end-use markets across Asia, Europe, Africa, and the Americas. Operating from its manufacturing base in Palakkad, Kerala, the company maintains a debt-light balance sheet and strong operational footprint across over 30 countries. Throughout 2025 and 2026, Rubfila has maintained strategic focus on expanding market share in niche rubber segments and optimizing supply chain efficiency. Notably, the promoter group led by Kerala State Industrial Development Corporation (KSIDC) and associated entities holds over 58% equity in the company, maintaining stable institutional backing.

For the quarter ended June 30, 2026 (Q1 FY27), Rubfila International reported consolidated revenue from operations of ₹133.49 Crores, representing a decline of 16.88% QoQ compared to ₹160.60 Crores in the previous quarter ended March 31, 2026 (Q4 FY26), and a decline of 7.89% YoY compared to ₹144.93 Crores in the corresponding quarter of the previous year ended June 30, 2025 (Q1 FY26). Consolidated net profit for the quarter came in at ₹5.80 Crores, marking a decline of 9.66% QoQ from ₹6.42 Crores in Q4 FY26, and a drop of 13.30% YoY from ₹6.69 Crores reported in Q1 FY26. The table below outlines the comparative financial performance across both sequential and corresponding annual quarters: