Rasi Electrodes Share Price Today

Rasi Electrodes files minutes of 32nd AGM approving FY26 results and dividend

Rasi Electrodes filed certified minutes of its 32nd AGM held on September 28, 2026. Shareholders approved a dividend of ₹0.20 per share for FY26. Public shareholders cast 1,687 votes against the reappointment of Director Payal Jain. Mr. S Hari Krishnan appointed as Secretarial Auditor for a five-year term.

Rasi Electrodes AGM resolutions pass; scrutinizer report details e-voting

Net profit rose 28.42% to ₹351.57 lakh in FY26 despite an 11.57% revenue decline. Board recommended a dividend of ₹0.20 per share (10%) for the year ended March 2026. All four AGM resolutions passed with requisite majority via e-voting on September 28, 2026. Voting rights on 8,700 unclaimed equity shares were frozen during the voting process.

Rasi Electrodes net profit rises 28% to ₹351.6 lakh in FY26; declares dividend

Net profit rose 28.4% to ₹351.6 lakh in FY26 despite an 11.6% revenue drop to ₹7,201.8 lakh. Other income surged over 100% to ₹179.2 lakh, offsetting revenue decline from cyclical steel price corrections. Company achieved debt-free status, reducing finance costs from ₹14.1 lakh to ₹4.5 lakh. Final dividend of ₹0.20 per share (10%) recommended; 32nd AGM scheduled for September 28, 2026. Wire rod production fell sharply while CCMS wire output increased, signaling a strategic product shift.

Rasi Electrodes profit up 6% in Q1FY27; AGM on Sept 28

Net profit rose 6% YoY to ₹133.45 lakh in Q1FY27 despite 9% revenue decline. Total expenses fell 11% due to lower material and other costs. Final dividend of Re 0.20 per share recommended for FY26. Record date for dividend set at September 21, 2026. 32nd AGM scheduled for September 28, 2026 via VC/OAVM.

Rasi Electrodes sells land in Tamil Nadu for ₹300 lakhs

Rasi Electrodes Limited approved the sale of unencumbered land in Manjankaranai Village, Tamil Nadu, for ₹300 lakhs. The Board approved the proposal on July 16, 2026, authorising the Managing Director to conclude the sale with a non-related party. The transaction value constitutes 7.72% of the company's net worth of ₹3885.24 lakhs as of March 31, 2026, and was approved via shareholder consent under Section 180(1)(a) of the Companies Act, 2013.

Rasi Electrodes shareholders approve sale of unencumbered property

Rasi Electrodes Limited secured shareholder approval to sell unencumbered landed property via postal ballot. The special resolution passed with 99.70% of votes in favour, authorising the Board to proceed with the sale.