Raj Rayon Industries officials will participate in a virtual investor conference organised by Arihant Capital Markets Limited. The group meeting is scheduled for September 28, 2026, starting at 5:00 pm.

The company filed an intimation with the BSE and National Stock Exchange of India regarding the schedule of institutional investors and analyst meetings. This disclosure is made pursuant to Regulation 30(6) read with Part A of Schedule III of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details

The interaction is structured as a group meeting conducted virtually. Raj Rayon stated that no unpublished price-sensitive information (UPSI) is intended to be discussed during the interactions. All discussions will be based strictly on publicly available information.

The filing noted that changes to the schedule may occur due to exigencies on the part of the participants, host, or the company. The intimation was signed by Rajkumar Satyanarayan Agarwal, Managing Director.

Raj Rayon Industries has scheduled its 33rd Annual General Meeting for September 30, 2026, to transact business including the adoption of audited financial statements for FY26 and the ratification of significant related-party transactions. The meeting will be held via video conferencing or other audio-visual means.

Related-Party Transaction Limits

The most material item on the agenda involves seeking shareholder approval for related-party transactions with six entities controlled by promoters and directors. The Board proposes limits for the period from October 1, 2026, to September 30, 2027.

SVG Fashions Private Limited, the holding company, accounts for the vast majority of this exposure with a proposed transaction limit of ₹900 crore. This figure represents 20.11% of Raj Rayon’s annual consolidated turnover based on FY25-26 data. The remaining five entities have significantly lower limits, ranging from ₹5 crore to ₹10 crore.

These transactions involve internal purchases, sales of goods, job work, corporate guarantees, and inter-corporate deposits. The Audit Committee has approved these arrangements on an arm’s length basis, citing industrial standards for pricing and government/bank rates for financial instruments.

Financial Performance

The company reported a significant improvement in its financial results for FY26. Revenue from operations rose to ₹11,797 crore (₹117,971.70 lakhs) from ₹8,494 crore (₹84,937.94 lakhs) in FY25. Net profit after tax surged to ₹340 crore (₹3,399.28 lakhs) compared to ₹138 crore (₹1,380.61 lakhs) in the previous year. The profit before tax stood at ₹323 crore (₹3,230.77 lakhs).

Director Re-appointment

Ms. Sapna Rajkumar Agarwal, a non-executive woman director, retires by rotation and offers herself for re-appointment. She holds a Bachelor of Commerce degree and has expertise in the fashion industry. Ms. Agarwal attended four Board meetings during the year and holds 35,00,000 shares (0.63%) of the company. She is also a director in SVG Fashions Private Limited.

Cost Auditor Ratification

Shareholders will also ratify the remuneration of M/s. C. Sahoo & Co. as Cost Auditors for FY27. The approved fee is ₹1,00,000 plus out-of-pocket expenses and applicable taxes.

What the Numbers Show

The concentration of related-party exposure is heavily skewed toward the holding company. While the total proposed transaction value across all six entities is substantial, ₹900 crore with SVG Fashions alone constitutes nearly 96% of the total proposed limit of approximately ₹930 crore. This indicates a deep operational and financial dependency on the promoter group for the coming fiscal year.