Rasi Electrodes Ltd

Dividend record date details

• Record date for dividend at the 32nd AGM.
• Security: equity shares.
• Record date: 21 September 2026.
• AGM date: 24 September 2026.
• Dividend: 10% of Rs 2 face value per share.
• Dividend payable on or before 27 October 2026.
• Book closure: 22 September 2026 to 28 September 2026.
• Electronic voting cutoff: 21 September 2026, 5:00 PM.
• AGM through Video Conferencing or VC.

AGM details

• 32nd AGM to be held via video conferencing and other visual means.
• Electronic voting available; EVSN 260817015.
• Dividend on equity shares payable to eligible shareholders by 27 Oct 2026; record date 21 Sep 2026.
• EVoting window opens 10:00 AM Sep 24; closes Sep 27.

Financial highlights

• Q1 FY27 revenue from operations (net) ₹1,763.57 lakhs.
• Q1 FY27 total revenue ₹1,793.89 lakhs.
• Q1 FY27 net profit ₹133.45 lakhs.
• Year ended 31-Mar-2026 revenue from operations ₹7,201.80 lakhs.
• Year ended 31-Mar-2026 total revenue ₹7,380.95 lakhs.
• Year ended 31-Mar-2026 net profit ₹351.57 lakhs.
• Dividend proposed ₹0.20 per share.
• Welding Electrodes and Wires identified as sole primary segment; no separate segment info.
• Results reviewed by Audit Committee and approved by Board on 14 August 2026.

Dematerialisation/rematerialisation status

• Dematerialisation requests were confirmed (accepted/rejected) and securities listed on the exchanges.
• Certificates for dematerialisation were mutilated and cancelled, and the depository's name substituted as registered owner within time limit.

Land sale details and approvals

• Date: 16 July 2026; MD authorized to execute the sale agreement.
• Unencumbered land of 2.277 acres at Manjankaranai Village, Uthukottai Taluk, Tiruvallur District.
• Sale consideration ₹3 crore to a non-related purchaser.
• Shareholder consent via Postal Ballot and e-voting under Companies Act 2013.
• Audit Committee evaluated and recommended; Board approved sale.
• Sale value ₹3 crore versus latest audited assets value ₹38.85 crore.

Disposal of land asset

• Land in Manjankaranai Village, Tiruvallur, Tamil Nadu totalling 2.277 acres, to non-related purchaser for Rs 300 lakh.
• Shareholder approval obtained via postal ballot and e-voting under Section 180(1)(a) of the Companies Act, 2013.
• Audit Committee evaluated and recommended the proposal.
• Disclosure under Regulation 30 of SEBI LODR to be filed.

Meeting Details

• Board meeting on 16 July 2026 at 11:30 PM; location undisclosed.

Key Agenda Items

• Evaluate proposals and decide on selling landed property with shareholder consent under section 180.
• Shareholder consent obtained on 29 June 2026.

Other Notes

• Trading window closed 01 July to 16 August 2026 for unaudited June 2026 results.
• Insider/SEBI PIT compliance: UPSI notices issued and entries recorded.

Financial results

• Audited standalone financial results for quarter and year ended 31 March 2026 were approved.
• Auditor issued an unmodified opinion on the audited standalone financial statements.

Dividend

• Board recommended final dividend of Rs. 0.20 per equity share of Rs. 2 each.
• Dividend is subject to shareholder approval at the ensuing 32nd AGM.

Board report and business review

• Directors' Report for year ended 31 March 2026, including annexures, was approved.
• Board decided not to pursue scaling up the groceries and staples trading business.

Policies and governance

• Company reviewed and updated policies required under Regulation 46 where necessary.

Meeting Details

• Board meeting scheduled for 20 May 2026 at 1:30 A.M.

Key Agenda Items

• Consider in-principle approval to sell surplus unencumbered landed property in Tamil Nadu.
• Approve postal ballot process for shareholder approval under Section 180(1)(a).
• Authorize secretarial auditor services for governance certifications for year ended 31 March 2026.
• Authorize secretarial auditor services for share capital reconciliation reports for quarters ending 30 June 2026 and 30 September 2026.

Other Notes

• No trading window closure period was specified.