RASI Electrodes Limited conducted a comprehensive familiarisation program for Independent Directors on February 13, 2025, in accordance with Regulation 25 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The program was designed to enhance the understanding of Independent Directors regarding the company's business operations and regulatory environment.

Program Attendance and Participation

The familiarisation program commenced at 9.00 AM on Friday, February 13, 2025, and concluded around the same time. The session witnessed active participation from key stakeholders of the company.

Comprehensive Program Coverage

The familiarisation program covered extensive aspects of the company's operations and regulatory landscape. Managing Director B. Gopalkothari, along with the Company Secretary, Chief Financial Officer, and other Senior Management Personnel, provided detailed presentations on various critical areas.

Business and Operational Aspects

The program addressed fundamental business elements including:

• Current state of affairs of the company, business prospects, and financial outlook
• Nature of welding electrodes business and the company's market position
• Business model and conservative business approach adopted by the company
• Technological developments and strategic adaptation to changing market environment
• Production capacity augmentation scope and management perspective based on demand projections
• Competitive landscape analysis and counter-strategies for market positioning

Stakeholder and Infrastructure Focus

Key discussions encompassed:

• Customer profile analysis and segmentation policies
• Contractor and vendor relationships supporting company operations
• Operational infrastructure development and maintenance
• Financial metrics impacting business operations
• Current economic and political scenario effects on business performance

Regulatory and Compliance Framework

The program extensively covered regulatory developments and compliance requirements, particularly focusing on:

SEBI Regulations and Corporate Governance

• SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
• SEBI (Prohibition of Insider Trading) Regulations, 2015
• SEBI (Substantial Acquisition of Shares and Takeovers) Regulations
• Investor services matters and fair disclosure requirements
• Related party disclosure obligations and Code of Conduct adherence

Recent Regulatory Updates

• Budget 2025 highlights and their impact on company operations
• GST implications and compliance requirements
• Companies Act 2013 obligations and structured digital database maintenance
• Trading window closure schedules and insider trading prevention measures

Digital Infrastructure and Compliance Systems

The session highlighted the company's commitment to maintaining robust compliance systems, including structured digital databases and revised processes for effective governance. The program emphasized the role of Directors and Senior Management in ensuring adherence to regulatory frameworks and maintaining high standards of corporate governance.

The familiarisation program demonstrates RASI Electrodes Limited's commitment to ensuring that Independent Directors are well-informed about the company's business operations, regulatory environment, and strategic direction, thereby enabling them to contribute effectively to board decisions and oversight functions.

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