Rajasthan Tube Manufacturing Company Limited shareholders approved key corporate actions at an extra-ordinary general meeting (EGM) held on August 20, 2026. The resolutions included the issuance of warrants on a preferential basis and the regularization of two independent directors.

The meeting, conducted via video conference and other audio-visual means, saw 78 members in attendance. The requisite quorum under the Companies Act, 2013 was present throughout the proceedings. Mr. Mahendra Soni chaired the meeting after being proposed by Company Secretary Saurabh Prydarshi.

Resolutions Approved

Shareholders voted on five resolutions placed before them. The outcomes are detailed below:

Remote e-voting commenced on August 17, 2026, and concluded on August 19, 2026. Ms. Prachi Bansal served as the scrutinizer for the voting process.

What the Numbers Show

The approval of the preferential warrant issuance signals a potential capital raise or strategic investment avenue for the company. This structural change is accompanied by governance updates, specifically the formal appointment of two independent directors to the board, reinforcing compliance with listing regulations.

Rajasthan Tube Manufacturing Company Limited has reported a net profit of ₹2.85 lakh for the quarter ended June 30, 2026 (Q1FY27), reversing a net loss of ₹109.91 lakh recorded in the same period of FY25. Income from operations stood at ₹5.56 lakh for the current quarter, compared to ₹1,344.97 lakh in Q1FY26.

The company’s Board of Directors approved the unaudited standalone financial statements during a meeting held on August 15, 2026, at its registered office. The meeting commenced at 5:00 pm and concluded at 5:45 pm. Directors considered and took on record the quarterly results along with the limited review report from the auditors.

Financial Performance

Total expenses for the quarter were ₹2.72 lakh, comprising finance expenses of ₹0.36 lakh, depreciation and amortization of ₹1.28 lakh, and other expenses of ₹1.08 lakh. There were no costs of materials consumed or employee benefits recorded in the quarter. The company did not incur any tax expense for the period.

Audit and Compliance

The financial results were reviewed by Kapil Kumar Agarwal & Associates, Chartered Accountants, based in Jaipur. In their limited review report dated August 14, 2026, the auditors stated that nothing had come to their attention to suggest that the standalone financial results failed to disclose information required under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, or contained any material misstatement.

The auditors noted that the results were prepared in accordance with Indian Accounting Standards prescribed under Section 133 of the Companies Act. FCA Rajeev Sharma, Partner at Kapil Kumar Agarwal & Associates, signed the report.

Regulatory Filings and Newspaper Advertisement

The disclosure was made pursuant to Regulation 33 of the SEBI LODR Regulations, 2015. The company’s Whole-time Director, Pankaj Jain (DIN: 11098222), digitally signed the communication to the Bombay Stock Exchange Limited.

In compliance with Regulation 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Rajasthan Tube Manufacturing published its unaudited financial results for the quarter ended June 30, 2026, in Financial Express (English edition) and Business remedies (Hindi edition). The newspaper advertisement was submitted to the BSE on August 17, 2026.

The previous quarter’s results (ended March 2026) were reviewed by M/s Bakliwal & Co, Chartered Accountants, who expressed an unmodified opinion. As per Note 4 to the financial results, the figures for the three months ended March 31, 2026, are arrived at as the difference between audited figures for the full financial year and unaudited figures up to nine months ended December 31, 2025.