Royal Arc Electrodes Limited has approved the re-appointment of its top leadership for a five-year term starting April 1, 2027. The Board of Directors approved the re-appointment of Mr. Bipin Shantilal Sanghvi as Chairman & Managing Director and Mr. Hardik Bipin Sanghvi and Mr. Swagat Bipin Sanghvi as Whole-Time Directors. These decisions are based on the recommendation of the Nomination & Remuneration Committee and are subject to approval by the shareholders.

The Board meeting was held on June 10, 2026, pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company disclosed that none of the directors are debarred from holding the office of Director by virtue of any SEBI Order or any such authority.

Mr. Bipin Shantilal Sanghvi has been associated with the company since its inception and is responsible for overall management. He holds a Bachelor in Commerce degree. Mr. Hardik Bipin Sanghvi, who holds a Master's Degree in Business Administration in International Business, has been with the company since 2002 and oversees finance, sales, and marketing. Mr. Swagat Bipin Sanghvi, also a Bachelor in Commerce, joined in 2010 and handles production and strategic planning.

Director Details

The re-appointments ensure continuity in the company's management structure. Mr. Bipin Shantilal Sanghvi is the father of Mr. Hardik Bipin Sanghvi and Mr. Swagat Bipin Sanghvi. The Board meeting commenced at 3:30 P.M. and concluded at 4:00 P.M. on June 10, 2026.

Royal Arc Electrodes Limited disclosed that its promoter and promoter group collectively hold 72.96% of the company's total share capital as of March 31, 2026. Bipin Sanghvi, a promoter of the company, confirmed in a declaration that no encumbrances were created or invoked on the equity shares held by the group during the financial year ended March 31, 2026. The disclosure was submitted to the National Stock Exchange of India in compliance with Regulation 31(4) of the SEBI (Substantial Acquisition of Shares & Takeovers) Regulations, 2011.

The declaration, submitted on April 4, 2026, covers the promoter and promoter group including persons acting in concert. It states that the group has not created or invoked any encumbrance, directly or indirectly, on the equity shares held by them during FY26. The company's compliance officer, Mansi Bagadiya, forwarded the disclosure to the exchange for record-keeping purposes.

Promoter Holding Details

The detailed shareholding pattern of the promoter group was provided in Annexure A of the filing. The data outlines the number of shares held by each individual and their corresponding percentage of the total share and voting capital. The total promoter holding amounts to 80,99,178 shares, representing 72.96% of the company.

The filing confirms that the percentage of shareholding with respect to the total diluted share and voting capital remains identical to the total share capital percentage for all listed promoters.