Rathi Bars Limited submitted voting results from its 33rd Annual General Meeting (AGM) held on Thursday, September 17, 2026. The meeting commenced at 12:00 noon and concluded at 12:10 p.m. The filing was made pursuant to Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.
AGM Details
The total number of shareholders on record date was 8,812. Of these, 64 shareholders attended the meeting through video conferencing, comprising 9 from promoter and promoter group and 55 public shareholders.
Voting Results
All six resolutions proposed at the AGM were approved by shareholders:
Resolution 1: Adoption of Financial Statements
- Resolution Type: Ordinary
- Total shares voted: 10,454,109 (64.0164% of outstanding 16,330,357 shares)
- Votes in favor: 10,453,973 (100% of votes polled)
- Votes against: 136 (0.00% of votes polled)
- Promoter voting: 10,453,112 shares (100% in favor)
- Public non-institutions voting: 997 shares (861 in favor, 136 against)
Resolution 2: Re-appointment of Mr. Uddhav Rathi
- Resolution Type: Ordinary
- Director DIN: 06604905
- Role: Whole-time Director
- Total shares voted: 10,454,109 (64.0164% of outstanding shares)
- Votes in favor: 10,453,973 (100%)
- Votes against: 136 (0.00%)
- Promoters were interested in this resolution
Resolution 3: Appointment of Mr. Sachindra Jha
- Resolution Type: Special
- Role: Non-executive independent director
- Total shares voted: 10,454,109 (64.0164% of outstanding shares)
- Votes in favor: 10,453,973 (100%)
- Votes against: 136 (0.00%)
- Promoters were not interested in this resolution
Resolution 4: Ratification of remuneration of cost auditors
- Resolution Type: Ordinary
- Total shares voted: 10,454,109 (64.0164% of outstanding shares)
- Votes in favor: 10,453,973 (100%)
- Votes against: 136 (0.00%)
Resolution 5: Material related party transactions with Rathi Special Steels Limited
- Resolution Type: Ordinary
- Total shares voted: 10,454,109 (64.0164% of outstanding shares)
- Votes in favor: 10,453,973 (100%)
- Votes against: 136 (0.00%)
- Promoters were interested in this resolution
Resolution 6: Material related party transactions with Bhiwadi Iron Private Limited
- Resolution Type: Ordinary
- Total shares voted: 10,454,109 (64.0164% of outstanding shares)
- Votes in favor: 10,453,973 (100%)
- Votes against: 136 (0.00%)
- Promoters were interested in this resolution
Scrutinizer's Report
PWR Associates, Company Secretaries (CS Devesh Maheshwari, Partner) was appointed as scrutinizer. The remote e-voting period commenced on September 14, 2026 (09:00 AM IST) and ended on September 16, 2026 (05:00 PM IST). The cut-off date for determining shareholders entitled to vote was September 10, 2026.
Of the 138 total voters, 134 cast votes during the remote e-voting period and 4 voted during the AGM. All resolutions received 108 assent votes (10,453,973 shares) and 30 dissent votes (136 shares), resulting in 100% approval of all resolutions.
The scrutinizer confirmed the voting was conducted fairly and transparently using NSDL's e-voting platform, with all records to be handed over to the Chairman/Company Secretary for safekeeping.