Rhetan TMT Ltd

Rhetan TMT Limited has entered into a Memorandum of Understanding (MOU) with Bajaj Tubular Products Private Limited for the procurement of TMT Bars. The MOU outlines a framework for Bajaj Tubular to procure approximately 20,000 Metric Tonnes (MT) of TMT Bars over a 24-month period. While the exact quantity is subject to individual purchase orders, the company estimates a broader commercial potential of ₹250-300 crore over the MOU's term. This development is seen as a strategic move to expand Rhetan TMT's customer base and market presence, potentially leading to recurring orders and supporting future business growth.

Rhetan TMT Ltd has announced the closure of its trading window for all designated persons and their immediate relatives. This closure is in effect from October 1, 2026, and will remain open 48 hours after the declaration of the Unaudited Financial Results for the quarter and half-year ended September 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. The date of the board meeting to approve these financial results will be communicated separately.

Rhetan TMT Ltd announced the regularization of Mrs. Jhanvi Vikas Sethi as an Independent Director. This appointment, recommended by the Nomination and Remuneration Committee and approved by the Board of Directors, was further ratified by the shareholders at the Annual General Meeting held on September 16, 2026. Mrs. Sethi's tenure as an Independent Director will be for a further period of five years, effective from August 12, 2026, until August 11, 2031. She has confirmed she is not debarred from holding such office by any regulatory authority. Mrs. Sethi brings over 20 years of experience in the stock market and finance sector, with expertise in investment management and financial analysis.

Rhetan TMT Ltd announced the reappointment of Mr. Shalin Ashok Shah as Managing Director for a further period of five years, effective January 08, 2027, to January 07, 2032. The decision was recommended by the Nomination & Remuneration Committee and approved by the Board of Directors and the company's members at their Annual General Meeting held on September 16, 2026. Mr. Shah, a promoter director with over three decades of experience in various industrial sectors, has not been debarred from holding a director's office by any regulatory authority.

Rhetan TMT Ltd announced the reappointment of M/s GMCA & Co., Chartered Accountants, as its Statutory Auditors. This decision was recommended by the Audit Committee and approved by the Board of Directors, and subsequently ratified by the company's members at their 42nd Annual General Meeting held on September 16, 2026. The reappointment is for a second term of five consecutive years, extending from the conclusion of the 42nd AGM until the conclusion of the 47th AGM in 2031. M/s GMCA & Co. is a well-established firm with over 38 years of experience in various financial and advisory services.

Rhetan TMT Ltd, a manufacturer of TMT Bars including Fe500 grade, has obtained a BIS license for Fe500D, FeSSO, and Fe550D grades. The company is now exploring entry into the Corrosion Resistant Steel (CRS) TMT Bars market as a new growth opportunity. CRS TMT Bars offer enhanced corrosion resistance, longer service life, and reduced maintenance, making them suitable for coastal, marine, and other corrosive environments. This strategic move aims to diversify the product portfolio, tap into a specialized market, expand the customer base, and enhance revenue potential. Preliminary steps, including technology tie-ups and regulatory approvals, have been initiated.

Rhetan TMT Ltd has informed the stock exchanges about the dispatch of letters to shareholders who have not registered their email addresses. These letters provide a web-link to access the Annual Report for the Financial Year 2025-26, in compliance with SEBI (LODR) Regulations, 2015. The company also announced its 42nd Annual General Meeting (AGM) scheduled for September 16, 2026, to be held via Video Conferencing. The AGM will cover resolutions and e-voting details, with a cut-off date of September 9, 2026, for e-voting entitlement.

Rhetan TMT Ltd has submitted its Business Responsibility and Sustainability Report (BRSR) for the financial year ended March 31, 2026. The report, which is part of the company's Integrated Annual Report, details its corporate identity, business activities, operations, and employee data. The company's primary business activity is the manufacturing of Iron and Steel Products, specifically TMT Bars, contributing 100% to its turnover. Operations are primarily domestic, with one plant and one office located in India. The report also outlines employee statistics, with 40 permanent employees and 37 workers as of the financial year-end. The BRSR is prepared on a standalone basis and has not been assured by an external provider.

Rhetan TMT Ltd has announced its 42nd Annual General Meeting (AGM) scheduled for Wednesday, September 16, 2026, at 3:30 PM IST. The meeting will be conducted virtually via Video Conferencing (VC)/other Audio-Visual Means (OAVM). The company will present the Annual Report for the Financial Year 2025-26, including the audited financial statements, Board of Directors' report, and Auditors' report. Key agenda items include the adoption of financial statements, re-appointment of Mr. Ashok C. Shah as Non-Executive Director, and re-appointment of M/s. GMCA & Co. as Statutory Auditors for a second term of five years. The filing also lists the Board of Directors, Key Managerial Personnel, Statutory Auditors, and Registered Office details.

Rhetan TMT Ltd has issued a notice for its 42nd Annual General Meeting (AGM), scheduled for Wednesday, September 16, 2026, at 3:30 PM IST. The meeting will be conducted virtually via Video Conferencing/other Audio-Visual Means (OAVM). Key agenda items include the adoption of the financial statements for the fiscal year ended March 31, 2026, the re-appointment of Mr. Ashok C. Shah as a Non-Executive Director, and the re-appointment of M/s. GMCA & Co. as Statutory Auditors for a second five-year term. Additionally, the AGM will address the special business of re-appointing Mr. Shalin Ashok Shah as Managing Director.