Rajputana Stainless Limited declared a final dividend of ₹0.50 per equity share for the financial year ended March 31, 2026. The payout was approved by shareholders during the company's 35th Annual General Meeting held on September 23, 2026.

The meeting was conducted through video conference in compliance with regulatory guidelines. Shankarlal Deepchand Mehta, Chairman and Managing Director, presided over the proceedings. The requisite quorum was present, and the meeting commenced late due to technical issues reported at the start.

Key resolutions passed

Shareholders adopted the audited financial statements for FY26 along with the Directors' and Auditors' Reports. The Statutory Auditors' Report contained no qualifications or observations. The following ordinary resolutions were passed:

• Adoption of audited financial statements for FY26.
• Declaration of final dividend of ₹0.50 per equity share.
• Re-appointment of Babulal Deepchand Mehta as director retiring by rotation.
• Re-appointment of Ruparel & Bavadiya, Chartered Accountants, Vadodara, as statutory auditors for five years.
• Ratification of remuneration for cost auditor Y S Thakar & Co., Cost Accountants, Vadodara, for FY27.
• Appointment of Kavita Khatri & Associates, Company Secretaries, as secretarial auditor for five years.

Voting and proceedings

Electronic voting was facilitated for members unable to attend physically. Remote e-voting commenced on September 20, 2026, and concluded on September 22, 2026. Kavita Khatri & Associates served as the scrutinizer for the e-voting process. During the live session, voting remained open for 15 minutes after the formal conclusion of the meeting to allow remaining members to cast their votes.

CEO Yashkumar Shankarlal Mehta addressed members on business prospects and performance. Queries from shareholders were addressed by the CEO, CFO, and accounts team during the session and via email.

Rajputana Stainless Limited has acquired two apartments in Mumbai for ₹2.60 crore to serve as its corporate office. The company executed and registered the sale deeds on September 22, 2026, marking a strategic expansion of its physical footprint in the financial capital.

The properties, Apartment No. 701 and Apartment No. 702, are located on the 7th floor of the Sach Vintage building in Khetwadi First Lane, Mumbai. The acquisition was made from M/s. Sach Realty. The total consideration of ₹2.60 crore is exclusive of applicable stamp duty, registration charges, and other incidental expenses.

Transaction details

The deal involves the purchase of two distinct units with specific carpet areas and price points. The company disclosed that the transaction does not involve any related party dealings, as the seller is not connected to the promoter group or group companies.

Regulatory compliance and disclosures

The intimation was filed under Regulation 30(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that possession will be delivered as per the terms of the sale deed, and the consideration has been paid in full. There are no share issuances or loan agreements associated with this property acquisition.

What the numbers show

The acquisition reflects a modest capital outlay for Rajputana Stainless, representing a direct investment in infrastructure rather than operational assets. With a total cost of ₹2.60 crore for approximately 1,052 sq ft of combined office space, the implied rate is roughly ₹24,714 per sq ft. This expenditure signals a commitment to establishing a permanent presence in Mumbai, potentially to enhance client engagement or operational oversight in the western region.