
Rasi Electrodes Ltd 32nd AGM Held; Dividend Proposed
Rasi Electrodes Ltd held its 32nd Annual General Meeting (AGM) on September 28, 2026, commencing at 9:30 AM and concluding at 10:09 AM. The meeting was conducted via electronic facility, with all six directors and committee chairmen in attendance. Key agenda items, including financial statements and operational details, were transacted. Shareholders raised queries regarding company operations, financials, and business prospects, with the CFO providing clarifications. Four ordinary resolutions were proposed and voted on electronically. The company reported a turnover of ₹7201.18 lakhs for the year ended March 31, 2026, a decrease of 11.57% from the previous year. However, profit before tax increased to ₹478.44 lakhs, and net profit after tax rose by 28.42% to ₹351.57 lakhs. The Board recommended a dividend of ₹0.20 per share (10%).
Key Highlights
- 32nd AGM conducted via electronic facility on September 28, 2026.
- Net profit after tax increased by 28.42% to ₹351.57 lakhs.
- Board recommended a dividend of 10% (₹0.20 per share).
- Turnover decreased by 11.57% to ₹7201.18 lakhs.
- Four ordinary resolutions were proposed and voted on electronically.
Price Impact
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