RATHI BARS LTD.

Rathi Bars Ltd has announced the closure of its trading window for dealing in the company's securities. This closure is in accordance with SEBI (Prevention of Insider Trading) Regulations, 2015. The window will be shut from July 01, 2026, and will reopen 48 hours after the announcement of the financial results for the quarter ended June 30, 2026. This restriction applies to designated persons and their immediate relatives. The date of the board meeting to approve these financial results will be communicated separately.

Rathi Bars Limited's Board of Directors approved the Audited Financial Results (Standalone & Single Segment) for the quarter and financial year ended March 31, 2026. The statutory auditor, M/s MASAR & Co., issued an audit report with a modified opinion on these financial results. The company's manufacturing operations continue to remain suspended. The Board reviewed ongoing efforts for revival, including a writ petition filed in the Hon'ble Rajasthan High Court for re-commencement of operations. Discussions with bankers and lenders regarding moratorium, restructuring, and fresh credit facilities are also ongoing. Additionally, the Board approved the creation of necessary provisions for doubtful and disputed debtors.

Rathi Bars Limited's Board of Directors met on May 28, 2026, and approved the standalone audited financial results for the quarter and financial year ended March 31, 2026. The company's statutory auditor, M/s MASAR & Co., issued an audit report with a modified opinion on these financial results. Key discussions included the continued suspension of manufacturing operations and ongoing efforts for revival, including a writ petition filed before the Hon’ble Rajasthan High Court for re-commencement. The Board also reviewed discussions with bankers and lenders regarding moratorium, restructuring, and fresh credit facilities, noting no material change in pending debt and interest servicing obligations. Additionally, the Board approved the creation of provisions for doubtful and disputed debtors based on the auditor's recommendation.

Rathi Bars Limited's Board of Directors met on May 28, 2026, to approve the standalone audited financial results for the quarter and financial year ended March 31, 2026. The statutory auditor, M/s MASAR & Co., issued an audit report with a modified opinion on these results, with a statement on the impact of audit qualifications attached. The Board also noted that manufacturing operations continue to remain suspended and reviewed efforts for revival, including a writ petition filed in the Rajasthan High Court. Discussions with bankers and lenders regarding moratorium, restructuring, and fresh credit facilities are ongoing. Additionally, the Board approved the creation of necessary provisions for doubtful and disputed debtors based on the auditor's recommendation and continued interim arrangements for fixed expenses.

Rathi Bars Ltd has scheduled a Board of Directors meeting on May 28, 2026, to consider and approve several items, including the election of a chairperson, approval of standalone audited financial results for the quarter and year ended March 31, 2026, and adoption of the auditor's report. The board will also review related party transactions, statutory compliances, and the status of manufacturing operations. Further discussions will cover the company's revival progress, engagement with Ernst & Young and Menon & Associates, and coordination with bankers for restructuring and credit facilities.

Rathi Bars Ltd's Promoter and Promoter Group have submitted a disclosure under Regulation 31(4) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. They declared that no encumbrance has been created on their shares in Rathi Bars Limited, either directly or indirectly, during the financial year 2025-26. The filing includes an Annexure 'A' listing 21 individuals and entities comprising the Promoter Group, affirming compliance with the regulatory requirement for transparency regarding promoter shareholdings.

Rathi Bars Ltd's Board of Directors, in a meeting on April 10, 2026, approved the temporary suspension of manufacturing operations. This decision was driven by several factors including income-tax search proceedings, GRAP Stage IV restrictions, an amendment to the Consent to Operate by RSPCB, and a significant 25% increase in power tariffs. The Board also noted that due to liquidity constraints, a default is likely, and the company will inform stock exchanges accordingly. To address the situation, the Board approved steps for revival and re-commencement of operations, including engaging with bankers (Axis Bank, YES Bank, HDFC Bank) for moratoriums, restructuring, and exploring fresh credit facilities. Ernst & Young and Menon & Associates were appointed as professional and legal advisors, respectively, for revival and restructuring matters. The meeting also noted the resignation of Ms. Bharti Chitkara as Company Secretary-cum-Compliance Officer.

Rathi Bars Ltd. has scheduled a Board Meeting on 10 April 2026 to discuss various important agenda items. The company will consider electing a Chairman, noting the minutes of previous meetings, and discussing the resignation of Ms. Bharti Chitkara, Company Secretary and Compliance Officer. Additionally, the Board will discuss and consider the way forward for revival and re-commencement of operations, appointment of Ernst & Young (E&Y) as professional advisors and Menon & Associates as legal advisors, coordination with bankers and lenders for moratorium, restructuring and fresh credit facilities, and reviewing and approving the arrangement for payment of Director Remuneration, rent for Head Office/ Registered Office, and fixed expenses of the company.

Rathi Bars Ltd. has announced the closure of its trading window for designated persons and their immediate relatives, in accordance with the SEBI (Prevention of Insider Trading) Regulations, 2015. The closure will begin on April 1, 2026, and will remain in effect until 48 hours after the announcement of the audited financial results for the fourth quarter and financial year ending March 31, 2026. The date of the board meeting for the consideration and approval of the financial results will be communicated later.

Rathi Bars Ltd has reported its un-audited financial results for the quarter ended December 31, 2025. The company's revenue from operations stands at 9,062.40 Lacs, with a total revenue of 9,096.76 Lacs. The net profit for the period (before tax) is 70.32 Lacs, and the net profit (after tax) is 256.56 Lacs. The total comprehensive income is 256.56 Lacs.