Latest news about Rathi Bars
Rathi Bars
15.75
+0.35(+2.27%)
Company Performance:
View Company Insights1D+2.27%
1M-2.11%
6M-21.91%
1Y-46.08%
5Y-44.74%
More news about Rathi Bars
26Aug 26
Rathi Bars names CFO Uddhav Rathi as interim compliance officer
Uddhav Rathi, CFO, appointed as interim Compliance Officer at Rathi Bars. Move ensures continuity of regulatory and listing compliances per SEBI LODR norms. Company references SEBI circular dated April 1, 2025, regarding officer qualifications. Permanent appointment of a qualified Company Secretary sought within three months.
12Aug 26
Rathi Bars Q1 Results: Net Loss Widens To ₹156.18 Crore Amid Suspension
Rathi Bars Limited posted a net loss of ₹1,561.79 lakh in Q1FY26, up from ₹1,477.22 lakh in Q4FY26, with zero operating revenue due to suspended manufacturing. Statutory auditors flagged going concern risks as loans from Axis Bank, Yes Bank, and HDFC Bank are classified as NPAs. The board is pursuing asset monetization and legal remedies via the Rajasthan High Court to revive operations.
29May 26
Rathi Bars reports FY26 loss, auditors flag debt default
Rathi Bars Limited reported a net loss of ₹1,152.26 lakh for the financial year ended March 31, 2026, with revenue from operations declining to ₹36,859.90 lakh from ₹49,628.82 lakh in the previous year. The statutory auditor, M/s MASAR & Co., issued a modified opinion citing material uncertainties due to suspended operations and significant financial defaults, including outstanding dues to Axis Bank, Yes Bank, and HDFC Bank. The board noted that manufacturing operations remain suspended and approved provisions for doubtful debtors while discussions with lenders for restructuring are ongoing.
23Apr 26
Rathi Bars Limited Declares No Encumbrance on Promoter Shares for FY26
Rathi Bars Limited filed a regulatory disclosure on April 22, 2026, confirming no encumbrance was created on promoter shares during FY26. The declaration covers 21 promoter group entities including 8 individuals and 13 corporate entities, signed by Managing Director Anurag Rathi in compliance with SEBI Takeover Regulations.
10Apr 26
Rathi Bars Limited Board Meeting Outcome: Revival Plans and Advisory Appointments Approved
Rathi Bars Limited's board meeting on April 10, 2026, resulted in approval of comprehensive revival strategies and appointment of Ernst & Young as professional advisors. The company noted temporary manufacturing suspension due to regulatory challenges and authorized engagement with multiple banks for debt restructuring and fresh credit facilities.
09Apr 26
Rathi Bars Limited Submits Q4 FY26 Dematerialisation Compliance Certificate to BSE
Rathi Bars Limited filed its Q4 FY26 dematerialisation compliance certificate with BSE on April 9, 2026, covering the quarter ended March 31, 2026. MAS Services Limited, the company's registrar, confirmed all dematerialisation processes were completed within the mandatory 15-day timeframe as required under SEBI Regulation 74(5). The certificate validates proper handling of securities transfer, verification procedures, and timely updates to depositories and stock exchanges during the quarter.
25Mar 26
Rathi Bars Limited Provides Comprehensive Clarification on Company Secretary Resignation
Rathi Bars Limited has provided detailed clarification to BSE regarding Company Secretary Ms. Bharti Chitkara's resignation, confirming the disclosure was made within 24 hours of the effective resignation date on 22 March 2026. The company submitted comprehensive documentation including the original resignation letter and regulatory compliance confirmation under SEBI (LODR) Regulations, 2015.
21Jan 26
Rathi Bars Limited Reports Q3FY26 Results with Revenue Decline of 18% Year-on-Year
Rathi Bars Limited reported Q3FY26 results with revenue declining 18% to ₹9,062.40 lacs and net profit falling to ₹70.32 lacs. Nine-month performance showed stability with revenue at ₹34,905.78 lacs and improved net profit of ₹251.57 lacs. The company maintained profitability despite challenging market conditions and ongoing Income Tax Department proceedings.
22Dec 25
Rathi Bars Faces Income Tax Search & Seizure Action
The Income Tax Department carried out search and seizure operations at Rathi Bars Limited and its directors' premises from December 15 to 19, 2025. The action, conducted under Section 132 of the Income Tax Act, 1961, targeted the company's registered office, factory, and directors' residence. The company disclosed this information to stock exchanges on December 22, 2025, in compliance with SEBI Listing Regulations.
07Nov 25
Rathi Bars Limited Secures BBB Credit Rating from CARE Ratings
CARE Ratings has assigned a 'BBB' rating with a stable outlook to Rathi Bars Limited's long-term bank facilities worth Rs 83 crore. The rating is based on the company's experienced promoters, established brand presence in North India, wide distribution network, and consistent revenue growth. However, thin profitability margins, raw material price volatility, and industry competitiveness pose challenges. The company's financial performance shows steady revenue growth from Rs 323.75 crore in FY21 to Rs 496.29 crore in FY25, with PBILDT margins ranging from 2.34% to 3.66% over FY21-FY25.
17Sept 25
Rathi Bars Limited Approves Key Leadership Appointments and Auditor at 32nd AGM
Rathi Bars Limited held its 32nd Annual General Meeting on September 16, 2025. Shareholders approved the reappointment of Mr. Anurag Rathi as Managing Director and Mr. Uddhav Rathi as Whole Time Director, both for five-year terms starting January 21, 2026. Mr. Hukum Singh was appointed as a Non-Executive & Non-Independent Director. M/s Siya Ram & Associates was appointed as the company's Secretarial Auditor for a five-year term from 2025-26 to 2029-30.
12Aug 25
Rathi Bars Limited Reports Q1 FY2025-26 Results: Revenue Dips to ₹13,306 Lacs
Rathi Bars Limited announced unaudited financial results for Q1 FY2025-26. Total revenue decreased by 9.88% to ₹13,305.90 lacs, while net profit fell by 12.89% to ₹84.19 lacs compared to the same quarter last year. EPS dropped to ₹0.52 from ₹0.59. Despite challenges, the company maintained operational efficiency with no outstanding defaults on loans or debt securities. The results were approved by the Board of Directors after review by the Audit Committee and MASAR & Co., Chartered Accountants.
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