StockWatch
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Iron & Steel Products
Board Meeting12 Aug 2026, 06:14 pm

Rhetan TMT Declares Unaudited Q1 FY27 Results, Approves Capacity Expansion

AI Summary

Rhetan TMT Ltd announced its unaudited standalone financial results for the quarter ended June 30, 2026. The Board of Directors also approved a significant expansion of the manufacturing facility's production capacity from 45,000 MT to 75,000 MT per annum. Additionally, the company proposed to enhance its borrowing limits from Rs. 200 Crores to Rs. 300 Crores and its loans/investment/guarantee limits from Rs. 200 Crores to Rs. 300 Crores, subject to shareholder approval. The re-appointment of Mr. Shalin Ashok Shah as Managing Director and the appointment of Mrs. Jhanvi Vikas Sethi as Additional (Independent) Director were also approved.

Key Highlights

  • Unaudited standalone financial results for Q1 FY27 declared.
  • Production capacity to be enhanced from 45,000 MT to 75,000 MT.
  • Borrowing and loan/investment/guarantee limits to be increased to Rs. 300 Crores.
  • Re-appointment of MD and appointment of an Independent Director approved.
  • Registered office relocation and AGM details also discussed.