Raasi Refractories Limited will hold a board meeting on May 30, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The meeting, scheduled for 02:00 PM at the Registered Office in Hyderabad, will also deliberate on the appointment of a new director.

Agenda for the Board Meeting

The Board of Directors will discuss several key matters, including the approval of the Independent Auditor's Report for the financial year ended March 31, 2026. Additionally, the board will consider the appointment of Ms. Kavitha Doddi as an Additional Director (Woman Director) of the company.

Key Details of the Meeting

The meeting is being convened pursuant to Regulation 29 of the SEBI (LODR) Regulations, 2015. Any other matter with the permission of the Chair may also be taken up for discussion during the meeting.

Raasi Refractories Limited has announced the appointment of Mr. Mahesh Vaddepalli as Chief Financial Officer and Key Managerial Personnel, effective 24th April 2026. The appointment was approved by the Board of Directors in their meeting held on 24th April 2026, following recommendations from the Nomination and Remuneration Committee and Audit Committee.

Appointment Details

The company has informed the BSE Limited about this key managerial personnel change in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointment represents a strategic addition to the company's leadership team as it continues to strengthen its financial management capabilities.

Professional Background

Mr. Mahesh Vaddepalli brings substantial expertise as a result-oriented finance professional with a robust background in taxation, auditing, and corporate compliance. His experience includes practical work at KBR & Associates as an Assistant, where he developed a deep understanding of fiscal regulations and their impact on business profitability.

The new CFO possesses proven expertise in several key areas:

• Tax Strategy & Compliance: Comprehensive understanding of fiscal regulations
• Financial Reporting & MIS: Strategic financial management and reporting systems
• Cash Flow & Liquidity Management: Optimizing financial resources and cash flows
• Audit & Internal Controls: Maintaining financial integrity and compliance frameworks

Educational Qualifications

Mr. Vaddepalli holds a Bachelor's degree in Commerce (B.Com), providing him with a comprehensive academic foundation in Financial Accounting, Business Law, and Economics. This educational background complements his practical experience in the finance sector.

Strategic Impact

As a strategic thinker dedicated to maintaining financial integrity, Mr. Vaddepalli is expected to serve as a key advisor to executive leadership on sustainable growth initiatives. His appointment aligns with the company's focus on strengthening its financial management capabilities and ensuring robust corporate governance practices.

The appointment reflects Raasi Refractories Limited's commitment to enhancing its leadership team with experienced professionals who can contribute to the company's continued growth and operational excellence in the refractories sector.