RR Securities Limited has announced significant changes to its board composition and outlined plans for its upcoming Annual General Meeting (AGM). The company's board of directors made these decisions during a meeting held on August 25, 2025.

New Appointments

The board has appointed two new Additional Directors in the Non-Promoter, Non-Executive category:

1. Jay Deepak Patel (DIN: 06995440)
2. Pravinbhai Jashbhai Patel (DIN: 08026196)

Both appointments are effective from August 25, 2025. The board has proposed their regular appointment as Independent Directors for a five-year term, from October 1, 2025, to September 30, 2030, subject to shareholder approval through special resolutions at the upcoming AGM.

Directors' Profiles

Jay Deepak Patel

• Expertise in marketing pharmaceutical products and their manufacturing
• 10 years of experience as an Independent Director in a listed entity engaged in the manufacture of edible oil and its derivative products
• Currently serves as Chairperson of the Audit Committee, Nomination and Remuneration Committee, and Stakeholder Relationship Committee at Akash Agro Industries Limited

Pravinbhai Jashbhai Patel

• Over 30 years of experience in general administration, finance, accounts, and HR
• Served as an Independent Director for more than 10 years in a listed entity involved in the manufacture and marketing of edible oil and its derivative products
• Currently a member of the Audit Committee, Nomination and Remuneration Committee, and Stakeholders Relationship Committee at Akash Agro Industries Limited

32nd Annual General Meeting

RR Securities has scheduled its 32nd AGM for September 29, 2025, at 10:00 AM. The meeting will take place at Hotel President, opposite Municipal Market, off C.G. Road, near Swastik Cross Roads, Navrangpura, Ahmedabad 380009.

Key dates related to the AGM:

Other Board Decisions

The board also:

1. Finalized and approved the Draft Report of Directors, Management and Discussion Analyses Report, and the Report on compliance with Corporate Governance for the year ended March 31, 2025.
2. Adopted the Secretarial Auditors' Report in form MR-3 for the year ended March 31, 2025.
3. Appointed CDSL as the E-voting Service Provider for the AGM.
4. Engaged M/s. Kamlesh M Shah & Co., a firm of Practicing Company Secretaries, as Scrutinizers for the AGM to ensure a free and transparent E-voting process.

These appointments and the upcoming AGM mark important steps for RR Securities as it continues to strengthen its corporate governance and engage with shareholders.

RR Securities Limited has reported a significant increase in its financial performance for the first quarter, along with plans for its upcoming Annual General Meeting (AGM) and board expansion.

Financial Highlights

The company's unaudited financial results for the quarter reveal substantial growth in profitability:

RR Securities saw its net profit nearly double to ₹8.96 lacs in Q1, compared to ₹4.99 lacs in the same quarter last year, marking a robust 79.56% year-over-year increase. The company's total income also showed significant growth, rising by 40.71% to ₹10.23 lacs from ₹7.27 lacs in the corresponding quarter of the previous year.

The Basic Earnings Per Share (EPS) improved to ₹0.30, up from ₹0.17 in Q1 of the previous year, reflecting a 76.47% increase.

Board Meeting Outcomes

The Board of Directors convened on August 12 to review and approve the quarterly results. Key decisions and announcements from the meeting include:

1. Financial Results Approval: The board approved the unaudited financial results for Q1.

2. AGM Planning: Chairman and Director Mr. Rajendra B Shah has been authorized to set the date for the upcoming Annual General Meeting for the year ended September 30, and to determine the record date and book closure dates for the AGM.

3. Follow-up Meeting: A subsequent board meeting is scheduled for August 25 to finalize AGM-related matters, including the notice, directors' report, and corporate governance report. The meeting will also address the appointment of an e-voting agency and scrutinizers, as well as finalizing the AGM venue.

4. Board Expansion: The company plans to appoint two additional Independent Directors, with decisions expected to be made in the upcoming board meeting.

Audit Review

The unaudited financial results have undergone a limited review by the company's statutory auditors, SDPM & Co. The auditors have provided an unmodified review conclusion, indicating that the financial statements are free from material misstatements and comply with the applicable accounting standards.

RR Securities Limited continues to operate in a single segment, and the company has prepared its financial results in accordance with Indian Accounting Standards (Ind AS) as notified by the Ministry of Corporate Affairs.

Investors and stakeholders can expect further updates following the board meeting on August 25, particularly regarding the AGM details and the appointment of new independent directors.