RDB Rasayans Ltd conducted its 31st Annual General Meeting on Thursday, 20th August, 2026 at 12:30 PM through Video Conferencing/Other Audio-Visual Means (VC/OAVM). The meeting was held in compliance with circulars issued by the Ministry of Corporate Affairs (MCA) and Securities & Exchange Board of India (SEBI).

Meeting Attendance and Leadership

Mr. Shanti Lal Baid, Managing Director of the Company, chaired the meeting as per Article 90 of the Articles of Association and with unanimous consent of the Board of Directors present. 95 members (including Promoter Directors) attended the meeting through video conferencing, constituting the requisite quorum.

Attendees

The following individuals attended the meeting:

  • Mr. Priyam Sen, Non-Executive Independent Director and Chairman of Nomination & Remuneration Committee, Stakeholders Relationship Committee, and Corporate Social Responsibility Committee
  • Mrs. Riya Jain, Non-Executive Independent Director and Chairman of Audit Committee
  • Mr. Ranjan Singh, Partner of LB Jha & Co., Statutory Auditors
  • Mrs. Mausami Sengupta, Scrutinizer and Secretarial Auditor
  • Mrs. Shradha Dalmia, Company Secretary & Compliance Officer

Voting Procedures

Mrs. Shradha Dalmia informed members that proxy voting was not available for this AGM. The company provided remote e-voting facilities that commenced on 17th August, 2026 at 9:00 AM (IST) and ended on 19th August, 2026 at 5:00 PM (IST). Additional voting through NSDL's e-Voting System was available during the meeting for members who hadn't voted remotely.

Mrs. Mausami Sengupta, Practising Company Secretary, was appointed as Scrutinizer to scrutinize all votes cast during the meeting and through remote e-voting.

Business Transacted

Ordinary Business:

1. Item No. 1: Ordinary Resolution - Adoption and approval of Annual Audited Financial Statements for FY ended 31st March, 2026 together with reports of Auditors and Directors

2. Item No. 2: Ordinary Resolution - Appointment of Director in place of Mrs. Pragya Baid (DIN: 06622497) who retires by rotation and offered herself for re-appointment

Special Business:

3. Item No. 3: Special Resolution - Approval of Material Related Party Transactions for Financial Year 2026-27

4. Item No. 4: Special Resolution - Authorization of transactions under section 185 of Companies Act, 2013

5. Item No. 5: Special Resolution - Approval for enhancement of company's limits for granting loans, making investments, providing guarantees and securities under section 186 of Companies Act, 2013

Meeting Proceedings

The Chairman discussed the company's overall performance and future outlook, noting that despite challenging operating environment, the company delivered a resilient performance and will try to continue the same in future years.

The Financial Statements and Reports of Board of Directors and Auditors for FY ended 31st March, 2026 were taken as read since they had already been circulated to members. As there were no qualifications in the Audit Report, it was not required to be read.

Mr. Sandeep Baid, CFO, responded to questions from members who had registered as speakers.

Voting and Results

The voting facility on NSDL platform remained open for 15 minutes after the meeting concluded. Consolidated voting results (remote e-voting and e-voting at AGM) will be declared by the Company Secretary after receiving the consolidated Scrutinizer's Report. Results will be intimated to the Stock Exchange and placed on the company's website and NSDL.

The meeting concluded at 1:28 PM with a vote of thanks to the Chair.