Rasi Electrodes Limited has announced the schedule for its postal ballot through electronic voting, following the board meeting held on February 14, 2026. The company will seek shareholder approval on two ordinary resolutions through the electronic voting process.

Postal Ballot Schedule and Process

The electronic voting process will commence on February 28, 2026, and conclude on March 30, 2026. The company has established a comprehensive timeline for the postal ballot process:

The company has appointed Mr. Gumanmal Mahavir Chand Kochar (FCA:221397), Practicing Chartered Accountant, as the scrutinizer to conduct the postal ballot process in a fair and transparent manner.

Resolution Details

Shareholders will vote on two ordinary resolutions during the postal ballot process. The first resolution seeks ratification for the appointment of Mr. Gopikrishnan Madanagopal (FCS-2276; COP:2051), Practicing Company Secretary, as the Secretarial Auditor for the year ended March 31, 2026.

The appointment was made under Section 204 of the Companies Act, 2013, and Regulation 24A of SEBI LODR Regulations, 2015, after the position remained unfilled following the 30th Annual General Meeting held on September 29, 2025.

Solar Power Supply Contract

The second resolution involves approval for a related party contract with M/s Kashyap Wire Products for solar power supply. The company is installing a 100 KVA capacity solar power plant and proposes to supply the generated power to the related party for wire drawing operations.

The relationship exists as Mrs. Manjula Kothari, wife of Managing Director Mr. B Popatlal Kothari, is the proprietor of M/s Kashyap Wire Products. The contract aims to optimize wire drawing material costs while ensuring uninterrupted supply for the company's welding electrode manufacturing operations.

Voting Process and Communication

The postal ballot notice will be sent electronically to all eligible shareholders whose email addresses are registered with the company or depositories. Shareholders can access the notice through the company's website at www.rasielelectrodes.com , BSE Limited's website, and the registrar's portal.

The results will be announced on or before April 1, 2026, at the company's registered office. The declared results, along with the scrutinizer's report, will be submitted to BSE Limited and uploaded on the company's website.

Source: None/Company/INE822D01021/0d86f4e4-b4ce-4c1b-a670-b3e363bac557.pdf

Rasi Electrodes Limited has announced a board meeting scheduled for Saturday, February 14, 2026, at 11:30 AM to deliberate on several important corporate matters, including the company's quarterly financial performance and key governance decisions.

Financial Results Review

The primary agenda item involves the consideration and approval of unaudited financial results for the quarter ended December 31, 2025. The board will review the company's Q3FY26 performance and take the results on record as part of its regular financial reporting obligations.

Related Party Transaction Approval

A significant agenda item involves the proposed supply of solar power generated from the company's upcoming solar power plant to Kashyap Wire Products, a proprietary entity owned by the spouse of the Managing Director. This transaction falls under Section 188 of the Companies Act, 2013, governing related party transactions.

Corporate Governance Appointments

The board will consider appointing a Practicing Company Secretary as Secretarial Auditor under Section 204 of the Companies Act, 2013. This appointment is proposed for a five-year term, aligning with the amended provisions of SEBI (LODR) Regulations, 2015.

Shareholder Approval Process

The company plans to initiate a postal ballot process to obtain shareholder approval for both the related party contract and the Secretarial Auditor appointment. This approach ensures compliance with regulatory requirements and maintains transparency in corporate decision-making.

Meeting Structure

The board meeting agenda also includes provisions for considering additional matters with the consent of the Chairman and Independent Directors, providing flexibility for addressing any urgent business requirements that may arise.