Riddhi Steel & Tube has approved the notice for its 25th Annual General Meeting and fixed the dates for book closure. The Board of Directors also appointed a scrutinizer for the upcoming event.

The decisions were taken during a board meeting held on September 7, 2026. The session commenced at 4:00 pm and concluded at 5:00 pm. Directors considered and approved the draft Director's Report for the fiscal year ended March 31, 2026.

Key Approvals

The board finalized several logistical aspects of the upcoming shareholder meeting:

• Fixed the time, date, day, and venue for the 25th AGM.
• Determined the specific dates for the book closure period.
• Appointed M/s G R Shah & Associates as the scrutinizer for the meeting.

The company filed this update under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Rajeshkumar Ramkumar Mittal, Managing Director, signed the disclosure.

Riddhi Steel and Tube Limited reported a net profit of ₹1,145.37 lakh for the financial year ended March 31, 2026, marking a 51% increase from ₹758.65 lakh in the previous year. Revenue from operations for the year stood at ₹45,788.34 lakh, compared to ₹39,113.34 lakh in FY25. The board approved the annual audited standalone financial results for the half and year ended March 31, 2026, at a meeting held on May 30, 2026.

Financial Performance

The company’s total revenue for FY26 reached ₹46,099.85 lakh, up from ₹39,394.25 lakh in the prior year. Total expenses for the period were ₹44,518.10 lakh, an increase from ₹38,374.26 lakh in FY25. Basic earnings per share (EPS) improved to ₹9.21 for FY26 from ₹9.15 in the previous year. For the half year ended March 31, 2026, the company recorded a net profit of ₹536.96 lakh on revenue from operations of ₹21,108.47 lakh.

Auditor and Governance Appointments

M/s. Ashok Rajpara And Co, Statutory Auditor, issued an unmodified opinion on the financial results. The board appointed M/s. G R Shah & Associates as the Secretarial Auditor and M/s. C. P. Shah & Associates as the Internal Auditor for Financial Year 2025-26. Additionally, M/s. Mayur Chhaganbhai Undhad & Co. was appointed as the Cost Auditor for Financial Year 2026-27. These appointments were made in compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Financial Metrics

The trading window for directors and designated persons, which had been closed since April 1, 2026, will reopen 48 hours after the financial results are made public. The meeting was intimated to BSE Limited pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.