AGM Details
The 33rd Annual General Meeting of Raj Rayon Industries Limited will be held on Wednesday, 30th September 2026 at 12:00 Noon through Video Conferencing/Other Audio-Visual Means facility. The deemed venue is the Registered Office of the Company at Survey No 177/1/3, Village Surangi, Silvassa DN 396230.
Ordinary Business
Item 1: Adoption of Financial Statements
To receive, consider and adopt the Audited Balance Sheet as at 31st March 2026 and the Profit & Loss Account for the year ended on that date, along with Reports of the Board of Directors and Auditors.
Item 2: Director Re-appointment
To appoint Ms. Sapna Rajkumar Agarwal (DIN: 00437469) who retires by rotation and offers herself for re-appointment as Director. She was appointed on 19/10/2021, holds 35,00,000 shares (0.63%), and attended 4 board meetings during the year.
Special Business
Item 3: Ratification of Cost Auditor Remuneration
To ratify remuneration payable to M/s. C. Sahoo & Co., Cost Auditor appointed to conduct audit of cost records for FY ending 31st March 2027, amounting to ₹1,00,000/- plus out-of-pocket expenses and applicable taxes.
Item 4: Approval of Related Party Transactions
To approve related party transactions with six promoter-linked entities for the period from October 01, 2026 to September 30, 2027 with the following limits:
- SVG Fashions Private Limited: ₹900 Crores (20.11% of company's annual consolidated turnover)
- Rajwada Silk Mills LLP: ₹5 Crores (0.22% of turnover)
- Binaykia Synthetics Ltd: ₹5 Crores (0.04% of turnover)
- Deepak Synthetics Pvt. Ltd.: ₹5 Crores (0.05% of turnover)
- Venkateshwar Udyog & Finance Private Limited: ₹5 Crores (0.18% of turnover)
- Sunflag Filaments Limited: ₹10 Crores (0.12% of turnover)
Total proposed RPT value: ₹930 Crores
The transactions include contracts/arrangements/transactions/job work/internal purchase/sale of goods, providing/availing services, using resources, entering into agreements for use of properties, providing corporate guarantees, and providing securities to third parties for borrowing.
Voting Information
Cut-off Date
Wednesday, September 23, 2026 - Voting rights will be reckoned on paid-up value of shares registered as on this date.
Remote E-voting Period
Begins: Sunday, September 27, 2026 (9:00 AM IST)
Ends: Tuesday, September 29, 2026 (5:00 PM IST)
E-voting Service Provider
MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
Scrutinizer
Ms. Riddhi Shah, Practicing Company Secretary, Mumbai appointed to scrutinize voting process.
Document Availability
The Annual Report and AGM Notice are available on:
- Company website: https://www.rajrayon.com/
- BSE website: www.bseindia.com
- NSE website: www.nseindia.com
- RTA website: https://instavote.linkintime.co.in
Shareholder Services
Members holding physical shares must update KYC details including PAN, address with PIN code, mobile number, bank account details, specimen signature, and nomination choice. RTA will process service requests only after updating these details.
Related Party Transaction Details
The RPTs have been evaluated by an external independent consulting firm confirming arm's length pricing criteria. Pricing methodology:
- Contract/arrangement/transactions/job work: Same as with other vendors per industrial standards
- Corporate guarantees/securities/inter-corporate deposits: As per government/bank rates
Interested parties: Mr. Rajkumar Satyanarayan Agarwal (Managing Director), Mrs. Sapna Rajkumar Agarwal (Director), Mr. Sandiip Satyanarayan Agarwwal (WTD and CFO) and their relatives.
Governance Compliance
The notice complies with Section 102 of Companies Act, 2013, SEBI Listing Regulations, Secretarial Standard on General Meetings (SS-2), and various MCA and SEBI circulars.