Latest news about Rasi Electrodes
Rasi Electrodes
13.29
+0.12(+0.91%)
Company Performance:
View Company Insights1D+0.91%
1M-8.97%
6M-16.47%
1Y-37.90%
5Y+206.22%
More news about Rasi Electrodes
03Apr 26
Rasi Electrodes Responds to BSE Query on Board Meeting and Postal Ballot Process
Rasi Electrodes Limited responded to BSE's regulatory query regarding its March 31, 2026 board meeting, providing detailed clarifications on meeting timing and compliance procedures. The company confirmed filing corporate announcements within prescribed time limits and successfully concluded its postal ballot process with unanimous approval of two ordinary resolutions, while authorizing significant investment decisions totaling Rs 23 crores across various categories.
21Feb 26
Rasi Electrodes Announces Postal Ballot Schedule for Secretarial Auditor and Solar Power Contract Approval
Rasi Electrodes Limited has announced a comprehensive postal ballot schedule through electronic voting from February 28 to March 30, 2026. Shareholders will vote on two ordinary resolutions: ratification of Mr. Gopikrishnan Madanagopal's appointment as Secretarial Auditor at Rs. 1.50 lakhs annual fees, and approval for a solar power supply contract with related party M/s Kashyap Wire Products for up to 5 years at Rs. 7.00 per unit with monthly supply of 10,000-14,000 units.
14Feb 26
RASI Electrodes Limited Conducts Familiarisation Program for Independent Directors on February 13, 2025
RASI Electrodes Limited conducted a familiarisation program for Independent Directors on February 13, 2025, under SEBI Regulation 25. The program was attended by Independent Directors Ms. Meghna Mehta and Ms. Radhika Kumari, along with key management personnel. The comprehensive session covered business operations, welding electrodes industry dynamics, regulatory compliance including SEBI regulations, Budget 2025 impacts, and corporate governance requirements, ensuring Directors are well-informed about company affairs and regulatory obligations.
02Feb 26
Rasi Electrodes Limited Schedules Board Meeting for February 14, 2026 to Review Q3FY26 Results
Rasi Electrodes Limited has scheduled a board meeting for February 14, 2026, to approve Q3FY26 unaudited financial results for the quarter ended December 31, 2025. The meeting will address a related party transaction involving solar power supply to Kashyap Wire Products, owned by the Managing Director's spouse, and the appointment of a Secretarial Auditor for five years. The company will seek shareholder approval through a postal ballot process for these significant corporate decisions.
08Aug 25
Rasi Electrodes Reports 15% Profit Growth in Q1 FY2026, Authorizes Investments Up to Rs 15 Crore
Rasi Electrodes Limited, a welding electrodes manufacturer, posted a 15% increase in net profit to Rs 125.73 lakhs for Q1 FY2026, despite an 8.6% decline in revenue to Rs 1,942.41 lakhs. Other income rose significantly to Rs 37.47 lakhs. The company's Board authorized investments up to Rs 15 crores and loans up to Rs 5 crores. No dividend was proposed, and the 31st AGM is scheduled for September 29, 2025. The company also reported a small turnover from a new grocery trading segment.
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