Rhetan TMT Limited announced the outcome of its Board of Directors meeting held on January 2, 2026, approving a postal ballot process to regularize the appointment of an Additional Independent Director. The meeting took place at the company's registered office from 12:30 PM to 1:00 PM.

Board Meeting Decisions

The board considered and approved three key resolutions during the meeting. The directors approved the Notice of Postal Ballot for regularizing the appointment of Additional Independent Director and established the cut-off date for determining eligible shareholders. Additionally, they appointed Mr. Chintan K. Patel, a Practicing Company Secretary from Ahmedabad, as the scrutinizer to oversee the entire postal ballot process through e-voting.

Shareholder Eligibility and Timeline

The company set January 2, 2026, as the cut-off date for determining shareholders eligible for e-voting and receiving the Postal Ballot Notice through emails. The comprehensive calendar of events outlines the complete postal ballot process timeline:

E-Voting Process Details

The e-voting process will commence on January 6, 2026, and conclude on February 4, 2026. Shareholders will receive the Postal Ballot Notice through electronic mode only, with dispatch completion scheduled for January 5, 2026. The company will publish an advertisement in newspapers on January 6, 2026, to inform stakeholders about the voting process.

Scrutinizer and Result Declaration

Mr. Chintan K. Patel will scrutinize the entire postal ballot process to ensure fair and transparent voting. The scrutinizer must submit the report on or before February 6, 2026, following which the Chairman will declare the results by the same date. The resolutions will be deemed passed on February 4, 2026, coinciding with the end of the e-voting period.

The company confirmed that the Notice of Postal Ballot will be sent to members and filed with the stock exchanges in due course. Managing Director Shalin A. Shah signed the official communication to BSE Limited and National Stock Exchange of India Limited regarding these developments.

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.