Rhetan TMT Limited , a company specializing in TMT bar manufacturing, has announced a significant addition to its leadership team. The company's Board of Directors has appointed Mr. Swapnil Sharad Shimpi as an Additional Independent Director, effective November 10, 2025.

Appointment Details

Mr. Shimpi, aged 44, brings a wealth of experience to his new role. He holds an MBA in Marketing, which the company believes will be instrumental in enhancing its decision-making processes. The appointment is for a term of five years, subject to regularization by shareholders at the upcoming General Meeting.

Key Points of the Appointment

Expected Contributions

Rhetan TMT Limited expressed confidence that Mr. Shimpi's marketing and analytical skills will contribute significantly to the company's decision-making processes. The company stated that these skills are expected to benefit both the company and its shareholders.

Regulatory Compliance

In compliance with regulatory requirements, Rhetan TMT Limited has confirmed that Mr. Shimpi has not been debarred from holding the office of Director by the Securities and Exchange Board of India (SEBI) or any other authority.

Board Meeting Details

The appointment was made during a Board meeting held on November 10, 2025. The meeting, which commenced at 4:00 PM and concluded at 4:15 PM, also saw the approval of the company's Unaudited Financial Results for the quarter and half-year ended September 30, 2025.

This appointment comes as Rhetan TMT Limited continues to strengthen its corporate governance structure. The addition of Mr. Shimpi to the board is expected to bring fresh perspectives to the company's strategic direction and operations.

Rhetan TMT , a prominent player in the TMT (Thermo Mechanically Treated) steel sector, is poised for a significant milestone as it prepares to list its equity shares on the National Stock Exchange of India Limited (NSE) Main Board. The company has received the green light from NSE for the listing of its entire issued, subscribed, and fully paid-up equity share capital.

Listing Details

The National Stock Exchange has approved the listing of 79,68,75,000 equity shares of Rhetan TMT Limited, each with a face value of Re. 1. These shares are scheduled to commence trading on the NSE Main Board starting September 26, 2025. Investors and market participants can track the company's performance under the symbol 'RHETAN' in the EQ series.

Key Points of the Listing

| Aspect | Details | |:---------------|:--------------------------|| | Total Shares | 79.69 crore equity shares | | Face Value | Re. 1 per share | | Listing Date | September 26, 2025 | | Trading Symbol | RHETAN | | Series | EQ | | Market Lot | 1 share |

Official Confirmation

The listing approval was officially communicated through a letter from NSE dated September 24, 2025. Rhetan TMT Limited promptly informed the BSE Limited about this development on the same day, adhering to the regulatory disclosure requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company Background

Rhetan TMT Limited, formerly known as Rhetan Rolling Mills Private Limited, is headquartered at Ashoka Chambers, 7th Floor, Rasala Marg, Mithakhali, Ahmedabad. The company operates a manufacturing facility located at Survey no. 325, Karannagar, Kadi-Kaloi Road, Taluka Kadi, Dist. Mehsana, Gujarat.

Management Statement

Shalin A. Shah, the Managing Director of Rhetan TMT Limited, signed the official intimation to BSE, underlining the significance of this listing for the company's growth trajectory.

This listing on the NSE Main Board marks a new chapter for Rhetan TMT Limited, potentially offering enhanced visibility and liquidity for its shares in the Indian capital markets. Investors and industry observers will be keenly watching the company's performance as it joins the ranks of NSE-listed entities.