Rajoo Engineers Limited declared a final dividend of ₹0.15 per equity share for the financial year ended March 31, 2026. The payout represents 15% of the face value of ₹1 per share. This decision was ratified during the company's 39th Annual General Meeting held on September 29, 2026.

AGM proceedings and resolutions

The meeting was chaired by Rajesh Nanalal Doshi, Chairman and Executive Director. Members adopted the standalone and consolidated financial statements for FY26, along with the Board and Auditors' reports. The following ordinary business resolutions were passed:

• Adoption of standalone and consolidated financial statements for FY26.
• Declaration of final dividend of ₹0.15 per equity share.
• Re-appointment of Khushboo Chandrakant Doshi as Director, retiring by rotation.
• Re-appointment of Utsav Kishorbhai Doshi as Director, retiring by rotation.

Special business approved

Shareholders also transacted special business items related to remuneration and board composition. The meeting ratified the remuneration of M/s. Shailesh Thaker & Associates, Cost Accountants, for the financial year ending March 31, 2026.

Additionally, the members approved the appointment of Sunil Jain as a Non-Executive, Non-Independent Director. Professional fees for Jain and Pratik Kothari, both Non-Executive Directors, were also approved. Hetal Dobariya was appointed as a Non-Executive Independent Director.

Voting and compliance details

Remote e-voting commenced on September 26, 2026, at 9:00 am and concluded on September 28, 2026, at 5:00 pm. CS Janvi N. Davda served as the scrutinizer for the e-voting process. The combined voting results, including remote e-voting and poll ballots cast at the meeting, will be disclosed separately in compliance with Regulation 44(3) of the SEBI Listing Regulations.

The AGM commenced at 12:00 pm and concluded at 12:35 pm with a vote of thanks to the Chair.

Rajoo Engineers has entered into a strategic partnership with Rieckermann to expand its presence and enhance customer support across Southeast Asia. The deal covers Thailand, Indonesia, Malaysia and the Philippines.

Partnership overview

The collaboration between Rajoo Engineers and Rieckermann is aimed at strengthening the company's footprint in the Southeast Asian market. Rieckermann will support Rajoo Engineers in reaching customers and providing localised service across the region. The partnership specifically targets the flexible packaging and plastics processing sectors.

Strategic intent

The tie-up reflects Rajoo Engineers' focus on deepening its international reach through established regional partners. Rieckermann's network in Southeast Asia is expected to serve as a channel for the company's offerings in the region. By combining complementary capabilities, the two companies aim to help manufacturers improve productivity, operational efficiency and production performance.

Khushboo Doshi, Managing Director at Rajoo Engineers Ltd., said, "Southeast Asia is an important market for Rajoo, and this partnership is a significant step in expanding our reach in the region. Rieckermann's established market presence and local capabilities complement our technology and manufacturing strengths, enabling us to be closer to customers and support them more effectively."

Rajoo Engineers, founded in 1986 and headquartered in Rajkot, is a global player in blown films and sheet extrusion lines. The company exports to over 78 nations. Rieckermann provides industrial machinery and technical service support across Asian markets.