Event Overview
Raksan Transformers Limited has issued notice for its 31st Annual General Meeting (AGM) to be held on Saturday, December 5, 2026 at 03:00 p.m. (I.S.T.) through Video Conferencing (VC)/Other Audio Visual Means (OAVM). The meeting is being convened in compliance with SEBI LODR Regulations 30 and 34(1), and various MCA circulars including the latest being 03/2025 dated September 22, 2025.
AGM Business Items
Ordinary Businesses
1. Adoption of Financial Statements and Reports
- To receive, consider and adopt audited financial statements (including standalone and consolidated) for FY ended March 31, 2026
- Includes balance sheet, profit and loss statement, cash flow statement with explanatory information
- Reports of directors and auditors to be considered
2. Re-appointment of Director
- Re-appointment of Mr. Dievam Singh Kanda (DIN: 10056197) as director liable to retire by rotation
- Originally appointed on February 3, 2025
- Current remuneration: ₹10,00,000 per month
- Holds 4,75,000 equity shares in the company
- Qualifications: Masters in Management from Cranfield University, UK
- Experience: Over three years as Strategy Analyst
- Attended 10 board meetings during the year
3. Appointment of Statutory Auditors
- Appointment of M/s. Ravinder K. Goel & Associates, Chartered Accountants (ICAI FRN: 013997N)
- Term: 5 consecutive years from conclusion of 31st AGM until conclusion of 36th AGM (FY2026-27 to 2030-31)
- Remuneration: Up to ₹5,00,000 for FY2026-27 plus applicable taxes and out-of-pocket expenses
- Replaces outgoing auditors M/s. TU & Co. (ICAI FRN: 004555N) who completed maximum permissible 10-year tenure
- Statutory audit fee paid to outgoing auditor for FY2025-26 was ₹6.00 lakhs
- The firm is peer-reviewed and established in 1996 with offices in New Delhi and Gurugram
Special Businesses
4. Ratification of Cost Auditors Remuneration
- Ratification of remuneration payable to M/s Sohan Lal Jalan & Associates, Practicing Cost Accountants (FRN: 000521)
- Amount: ₹60,000 plus applicable taxes and reimbursement of out-of-pocket expenses
- For conducting cost audit for FY ending March 31, 2027
- Already appointed by Board of Directors on recommendation of Audit Committee
5. Shifting of Registered Office
- Special resolution to shift registered office from National Capital Territory of Delhi to State of Haryana
- Current address: Shop No. 16, Local Shopping Centre-3, Sector-8, Rohini, New Delhi - 110085
- Proposed address: Plot No. 1675-76-77, HSIIDC Industrial Estate, Rai, Sonipat, Haryana - 131029
- Rationale: Company's manufacturing facilities and corporate office already located at Rai, Sonipat; consolidation will improve administrative efficiency and reduce costs
- Requires alteration of Clause II of Memorandum of Association and approval of Central Government through Regional Director
Voting and Shareholder Information
Record Date: Saturday, November 28, 2026
Remote e-Voting Period: December 2, 2026 (9:00 AM) to December 4, 2026 (5:00 PM)
Register Closure: November 29, 2026 to December 5, 2026 (both days inclusive)
Scrutinizer: Ms. Yati Mittal, Proprietor of M/s. Yati Mittal & Associates, Company Secretaries
Results Announcement: Within two working days after AGM conclusion on company website and to stock exchanges
Voting Facilities:
- Remote e-voting through Bigshare Services Private Limited
- Demat account holders can vote through CDSL/NSDL platforms using single login credentials
- Physical shareholders can vote using Event No + Folio Number
- Facility for joining AGM through VC/OAVM available at https://ivote.bigshareonline.com
Additional Information
- The deemed venue for AGM is Registered Office at New Delhi address
- Relevant documents and registers available for electronic inspection during AGM
- Annual Report 2025-26 sent electronically to members with registered email addresses
- Hard copies available on request to cs@raksantransformers.com
- Corporate members must send certified copy of Board Resolution for authorized representatives