Remi Edelstahl Tubulars Limited held its 55th Annual General Meeting (AGM) on Monday, August 31, 2026 at 3:31 PM IST through video conferencing. The meeting was conducted in compliance with circulars from the Ministry of Corporate Affairs and SEBI, read with provisions of the Companies Act, 2013 and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Attendance

Directors Present:

  • Mr. Rishabh Saraf (Chairman of the Meeting & Managing Director)
  • Mr. Rajendra C. Saraf (Non-Executive Director)
  • Mr. Ritvik Saraf (Non-Executive Director and Chairman of Stakeholders Relationship Committee)
  • Mr. Harkishan Zaveri (Independent Director and Chairman of the Audit Committee)
  • Mr. Ankur Mehta (Independent Director and Chairman of the Nomination and Remuneration Committee)
  • Mrs. Archana Bajaj (Independent Director)

Other Attendees:

  • Mr. Vinod Jalan (Chief Financial Officer)
  • Ms. H.H. Joshi (Company Secretary and Compliance Officer)
  • Mr. Kamlesh Rajoria (Secretarial Auditor)
  • Mr. Mukul Desai (Statutory Auditor)

Total Members Present: 30

Meeting Proceedings

The meeting was called to order with requisite quorum present. Statutory registers, certificates and other documents were kept digitally available for member inspection. The Chairman addressed members, explaining company performance, current scenario, and the voting process.

Resolutions Passed

All resolutions contained in the AGM notice received requisite majority and were duly passed:

Ordinary Resolutions:

1. Adoption of Audited Financial Statements for the financial year ended March 31, 2026, together with reports of Board of Directors and Auditors

2. Re-appointment of Shri Rajendra C. Saraf as Director (retiring by rotation)

3. Re-appointment and ratification of remuneration of M/s Kejriwal & Associates as Cost Auditors for Year 2026-27

Special Resolutions:

4. Appointment of Shri Ritvik Saraf as Promoter Non-executive, Non-Independent Director

5. Appointment of Shri Ankur Mehta as Non-executive, Independent Director for a consecutive term of five years effective from June 1, 2026

6. Approval of material related party transactions

7. Approval for issue of Convertible Warrants on Preferential Basis to Non-Promoter

8. Approval for issue of equity shares on Preferential basis to members of Promoter group and non-Promoters

Meeting Conclusion

The Chairman responded to queries from members and thanked attendees. The meeting concluded at 4:02 PM IST. Combined results of e-voting and voting during the AGM were to be announced on the company website and submitted to stock exchanges as per SEBI LODR requirements.