Rasi Electrodes Limited has submitted mandatory regulatory disclosures to BSE Limited regarding promoter shareholdings as of March 31, 2026. The company filed disclosures under Regulation 30(2) and 31(4) of SEBI (Substantial Acquisition of Shares & Takeover) Regulations, 2011, confirming the shareholding pattern and non-encumbrance status of promoter holdings.

Promoter Shareholding Details

The promoter and promoter group collectively hold 8,703,550 equity shares of ₹2 each, representing 27.96% of the company's total voting capital. The detailed shareholding breakdown shows significant concentration among key promoter entities and individuals.

Share Capital Structure

The company's total paid-up equity share capital stands at 31,130,500 shares of ₹2 each as of March 31, 2026. The disclosure confirms that there are no outstanding warrants, convertible securities, or other instruments pending conversion into equity shares.

Non-Encumbrance Declaration

The promoters have provided a comprehensive declaration confirming that all shares held by them are free from encumbrance as of March 31, 2026. This declaration covers:

• No direct or indirect encumbrance of shares during the year ended March 31, 2026
• All promoter holdings remain unencumbered as of the disclosure date
• Compliance with required disclosure obligations under SEBI regulations

Regulatory Compliance

Managing Director B Popatlal Kothari, holding the largest individual stake at 15.94%, signed the disclosures on behalf of the promoter group. The company confirmed that the promoters submitted the required disclosures to BSE Limited via email on April 6, 2026, ensuring compliance with regulatory timelines.

The disclosure includes detailed PAN information for all promoter entities, with the promoter group comprising both individual promoters and corporate entities. All seven promoter entities are classified under the promoter category without any persons acting in concert beyond the defined promoter group.

Rasi Electrodes Limited has responded to a BSE query regarding its board meeting outcome held on March 31, 2026, providing clarifications on timing and compliance with regulatory requirements. The company successfully concluded its postal ballot process through electronic voting, announcing unanimous approval of two ordinary resolutions with record date February 20, 2026.

BSE Query Response and Meeting Details

In response to BSE's email dated April 2, 2026, Rasi Electrodes clarified that the corporate announcement was filed within prescribed time limits through the listing portal on March 31, 2026. The company provided specific timing details for the board meeting proceedings.

The board meeting was specifically convened to record the postal ballot voting results, which closed on March 30, 2026, and to approve enabling resolutions for investment authorization matters.

Investment Authorization and Board Decisions

The Board of Directors approved significant investment authorization decisions, authorizing Managing Director B Popatlal Kothari to invest temporary surplus funds across multiple categories, subject to overall limits prescribed under Section 186(2) of the Companies Act, 2013.

Additionally, the board authorized the Managing Director to provide loans and advances to non-related parties for business purposes, with outstanding amounts not exceeding Rs 5.00 crores at any point in time.

Postal Ballot Process and Results

The electronic voting process was conducted through Central Depository Services (India) Limited (CDSL) with EVSN reference number 260219003. Both ordinary resolutions received unanimous approval from participating shareholders.

Resolution Results Summary

Regulatory Compliance and Documentation

The postal ballot process was scrutinized by Mahavir Chand Kochar G. (FCA-221397), Proprietor of Mahavir Kochar & Co., Chartered Accountants, Chennai. The company confirmed compliance with SEBI Master Circular ref.SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, and filed the response through BSE's online portal and email to query.lodr@bseindia.com .

B Popatlal Kothari, Managing Director and Compliance Officer, formally declared both resolutions as passed unanimously following the scrutinizer's report, confirming adherence to provisions of Section 108 and 110 of the Companies Act, 2013.