RATHI BARS LIMITED

AGM Details

The 33rd Annual General Meeting will be held on Thursday, September 17, 2026 at 12:00 Noon IST through video conferencing/other audio-visual means. The meeting will be deemed to be held at the registered office: A-24/7, Mohan Co-operative Industrial Estate, New Delhi-110044.

Ordinary Business Items

1. Adoption of Audited Standalone Financial Statements

To receive, consider and adopt the Audited Standalone Financial Statements for the financial year ended March 31, 2026 together with Reports of Board of Directors and Auditors.

2. Appointment of Director Retiring by Rotation

To re-appoint Mr. Uddhav Rathi (DIN: 06604905), Whole-time Director, who retires by rotation and is eligible for reappointment.

Special Business Items

3. Appointment of Mr. Sachindra Jha as Non-Executive Independent Director

Special Resolution to appoint Mr. Sachindra Jha (DIN: 11897917) as Independent Director (Non-Executive) for a first term of five consecutive years up to September 17, 2031. He is a graduate with over 20 years of experience in the steel industry, not holding any equity shares of the Company.

4. Ratification of Remuneration of Cost Auditors

Ordinary Resolution to ratify remuneration of ₹25,000 (Rupees Twenty-Five Thousand Only) plus applicable taxes and reimbursement of out-of-pocket expenses payable to Avnesh Jain & Co, Cost Accountants (FRN: 101048), appointed as Cost Auditors for FY 2026-27.

5. Material Related Party Transactions with Rathi Special Steels Limited

Ordinary Resolution to approve transactions with Rathi Special Steels Limited (related party due to common management) for sale/purchase of steel products up to ₹100 crores during FY 2026-27. Transactions represent 27.13% of the Company's consolidated turnover for FY 2025-26. All transactions will be at arm's length and in ordinary course of business.

6. Material Related Party Transactions with Bhiwadi Iron Private Limited

Ordinary Resolution to approve transactions with Bhiwadi Iron Private Limited (related party due to common management) for sale/purchase of steel products up to ₹100 crores during FY 2026-27. Transactions represent 27.13% of the Company's consolidated turnover for FY 2025-26. All transactions will be at arm's length and in ordinary course of business.

Voting and Shareholder Information

  • Cut-off date for determining voting eligibility: September 10, 2026
  • Remote e-voting period: September 14, 2026 (9:00 AM) to September 16, 2026 (5:00 PM)
  • Equity share capital held by 9,106 shareholders as of March 31, 2026
  • 9,103 shareholders (100.00% of capital) hold shares in dematerialized form
  • 3 shareholders (4 shares, 0.00% of capital) hold shares in physical form
  • Scrutinizer appointed: M/s PWR Associates, Company Secretaries
  • Secretarial Auditor: M/S Siya Ram & Associates, Company Secretaries (FRN: 12014DE1146800)

Director Details

Mr. Uddhav Rathi (DIN: 06604905)

  • Date of Birth: October 26, 1991
  • First appointment: February 13, 2014
  • Qualifications: Graduate
  • Expertise: Marketing and Finance
  • Shareholding: 5.26% as of March 31, 2026
  • Also director in: Rathi Special Steels Limited, Gordhan Das Rathi Steels Limited

Mr. Sachindra Jha (DIN: 11897917)

  • Date of Birth: January 2, 1984
  • Qualifications: Graduate
  • Expertise: Iron & Steel Industry
  • Shareholding: Nil
  • No other directorships in public companies