Raja Bahadur International held its 100th Annual General Meeting on September 17, 2026. The meeting was conducted via video conferencing and other audio-visual means in compliance with SEBI and MCA regulations.

All six resolutions placed before shareholders were approved with the requisite majority. The agenda included ordinary business items such as the adoption of financial statements for FY26 and the reappointment of Mr. Nayan Chandrasinh Mirani as a director.

Special Resolutions Approved

Shareholders also approved several special resolutions concerning board composition and executive compensation:

• Reappointment of Mr. Shridhar Pittie as Chairman and Managing Director.
• Reappointment of Mr. Sandeep Gokhale as an Independent Director.
• Revision in remuneration for Executive Directors Mr. Umang Pittie and Mr. Vaibhav Pittie.

Voting Details

The voting process was supervised by M/s Parikh & Associates. A total of 19 members attended the meeting through video conferencing or other audio-visual means. The promoter group held 187,500 shares, while public non-institutions held 62,330 shares as on the cut-off date of September 10, 2026.

The scrutinizer’s report confirmed that all valid votes cast were in favour of each resolution, with no votes recorded against any item. Invalid votes were nil across all categories.

Business Update

During the meeting, Chairman Shridhar Pittie highlighted the completion of the RB-101 (Wing A) project, for which the Occupancy Certificate has been received. The company has entered into leave and license arrangements with various clients for this wing. RB-101 (Wing B) is expected to launch shortly, subject to regulatory approvals and market conditions.

Raja Bahadur International has submitted its 100th Annual Report and the Notice of Annual General Meeting (AGM) for the financial year 2025-26 to the Bombay Stock Exchange (BSE). The submission was made pursuant to Regulation 34(1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, on August 24, 2026.

The company scheduled its 100th AGM for September 17, 2026, at 3:00 pm IST. The meeting will be conducted via Video Conferencing or Other Audio Visual Means (VC/OAVM) in compliance with Ministry of Corporate Affairs (MCA) circulars. The registered office of the company in Mumbai will be deemed the venue for the meeting.

Shareholder Communication

In addition to the AGM filing, Raja Bahadur International dispatched letters to shareholders whose email addresses are not registered with the company, registrar, or depository participants. This action was taken in accordance with Regulation 30 and Regulation 36(1)(b) of the SEBI Listing Regulations, 2015. The letters provide a web link to access the complete Annual Report for FY26 on the company website.

The company also reminded physical security holders to update their KYC details, including PAN, address, mobile number, bank account details, specimen signature, and nomination choice, as mandated by SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024. Shareholders holding physical securities without updated KYC details are eligible to receive payments only through electronic mode from April 1, 2024.

Ordinary Business

Shareholders will transact ordinary business including the adoption of the audited standalone and consolidated financial statements for FY26. Additionally, Mr. Nayan Chandrasinh Mirani (DIN: 00045197), who retires by rotation, offers himself for reappointment as a director.

Special Resolutions

The agenda includes several special resolutions concerning board appointments and remuneration:

• Reappointment of Chairman & Managing Director: Mr. Shridhar Pittie (DIN: 00562400) will be reappointed for a three-year term effective June 30, 2026. His proposed remuneration includes a basic salary of ₹11,00,000 per month, rising to ₹12,00,000 from July 1, 2027, plus a 1% commission on net profits and specified perquisites.
• Reappointment of Independent Director: Mr. Sandeep Gokhale (DIN: 00693885) will be reappointed for a second five-year term from November 11, 2026, to November 10, 2031.
• Remuneration Revision for Executive Directors: The pay packages for Executive Directors Mr. Umang Pittie and Mr. Vaibhav Pittie will be revised with effect from April 1, 2026. Both will receive a monthly salary of ₹4,60,000, a house rent allowance of 40% of salary, and an annual special allowance of ₹3,00,000.

Financial Performance Context

The company reported a turnover of ₹2,865.13 lakh in FY26, up from ₹2,774.66 lakh in FY25. Net profit stood at ₹134.00 lakh in FY26, reversing a loss of ₹92.95 lakh recorded in the previous year. Earnings before interest, depreciation, and taxes (EBIDT) rose to ₹2,145.03 lakh, reflecting an EBIDT margin of 74.87%.

What the Numbers Show

The return to profitability in FY26 coincides with a 1.7 percentage point expansion in the EBIDT margin compared to FY25. This margin improvement occurred alongside a modest 3.3% increase in turnover, suggesting that cost efficiency or mix improvement drove the turnaround rather than volume growth alone.

Voting Details

Remote e-voting will be facilitated by National Securities Depository Limited (NSDL). The voting window opens on September 14, 2026, at 9:00 am and closes on September 16, 2026, at 5:00 pm. Shareholders on record as of September 10, 2026, are eligible to vote. Ms. Jigyasa N. Ved or failing her Mr. J. U. Poojari of M/s Parikh & Associates has been appointed as the Scrutinizer for the e-voting process.