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.

Rajoo Engineers has scheduled its 39th Annual General Meeting (AGM) for Tuesday, September 29, 2026, at 12:00 pm. The meeting will be held at the company’s registered office in Veraval (Shapar), Rajkot, Gujarat.

The primary agenda includes the declaration of a final dividend of ₹0.15 per equity share of face value ₹1 each for the financial year ended March 31, 2026. This payout represents a 15% dividend rate. The record date for determining shareholder eligibility is Tuesday, September 22, 2026. Payment will be made after the AGM, subject to deduction of tax at source.

Board Composition Changes

Shareholders will vote on significant changes to the Board of Directors. Ms. Khushboo Chandrakant Doshi and Mr. Utsav Kishorbhai Doshi seek reappointment as they retire by rotation.

The meeting also seeks approval for the appointment of Mr. Sunil Jain as a Non-Executive, Non-Independent Director effective July 1, 2026. Mr. Jain relinquished his position as Executive Director on June 30, 2026, after serving since 2002. Additionally, Mrs. Hetal Bhavesh Dobariya is proposed for appointment as an Independent Director for a five-year term starting September 1, 2026.

Professional Fees and Auditors

The AGM agenda includes the ratification of remuneration for M/s. Shailesh Thaker & Associates as Cost Auditors for FY27. The approved fee is ₹40,000 plus applicable GST and reimbursement of out-of-pocket expenses at actuals.

Furthermore, shareholders will vote on continuing approval for professional fees payable to Non-Executive Directors Mr. Sunil Jain and Mr. Pratik Kothari. The annual ceiling for fees for each director is capped at ₹1.00 crore. These payments cover professional advisory services in the plastics and packaging industry, distinct from their roles as directors.

Voting and Logistics

Remote e-voting will be facilitated by National Securities Depository Limited (NSDL) from Saturday, September 26, 2026, at 9:00 am to Monday, September 28, 2026, at 5:00 pm. The notice and annual report are available electronically for registered shareholders.