Rathi Bars Limited has closed its trading window for dealing in securities from October 1, 2026. The closure will remain in effect until 48 hours after the announcement of the company's financial results for the quarter ended September 30, 2026.

Regulatory compliance and timeline

This action is taken in accordance with the SEBI (Prevention of Insider Trading) Regulations, 2015. The restriction applies to designated persons of the company and their immediate relatives as covered under the code of conduct. The company stated that the date of the board meeting for considering and approving the financial results will be communicated in due course.

Key details of the closure

The following table outlines the specific parameters of the trading window closure:

The intimation was filed with BSE Limited on September 23, 2026. No further details regarding the expected date of the board meeting were provided in the initial notice.

Rathi Bars Limited shareholders approved the appointment of Sachindra Jha as a non-executive independent director at its 33rd Annual General Meeting on September 17, 2026. The special resolution grants Jha a first term of five years, ending on September 17, 2031.

The meeting, conducted via video conferencing from 12:00 pm to 12:10 pm, saw members approve all six proposed resolutions through remote e-voting and electronic voting systems. All agenda items received the requisite majority.

Voting Participation and Results

Of the 8,812 shareholders on the record date (September 10, 2026), only 64 participated in the meeting via video conferencing or e-voting. This represents a low turnout of approximately 0.7% of total shareholders.

Promoter and promoter group entities held 10,453,112 shares and cast 100% of their votes in favor of every resolution. Public non-institutional shareholders held 5,877,245 shares but participated minimally, with only 997 votes polled (0.017% participation). Of these public votes, 86.36% were cast in favor.

Key Resolutions Passed

Shareholders adopted the audited standalone financial statements for FY26 and ratified cost auditors' remuneration. Related party transactions with Rathi Special Steels and Bhiwadi Iron were also approved.

Board and Committee Updates

Uddhav Rathi was reappointed as a whole-time director, retiring by rotation. Anurag Rathi served as Chairman and Managing Director during the proceedings. Uddhav Rathi, Chief Financial Officer, outlined the voting process.

Other directors in attendance included Hukum Singh, Rajendra Prasad, Sonali V Chitalkar, and Shikha Chakraborty. The appointment of Jha strengthens the board's independent oversight with his over 20 years of experience in steel manufacturing operations, quality management, and supply chain coordination.

Audit and Compliance

Statutory auditors from Masar & Co. attended via video conference. Devesh Maheshwari of PWR Associates acted as the scrutinizer for the voting process. The secretarial auditor was absent but granted leave.