Ratnamani Metals & Tubes shareholders approve all resolutions at 41st AGM

Ratnamani Metals & Tubes Limited saw the approval of all six resolutions by its shareholders at its 41st Annual General Meeting held on September 9, 2025. Five ordinary resolutions and one special resolution were passed through a combination of remote e-voting and e-voting conducted at the AGM. A total of 44,256 shareholders were eligible to vote as of the cut-off date, September 2, 2025.

Key approvals included the adoption of the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2025, and the declaration of a dividend of INR 14.00 per equity share. The re-appointment of Jayanti M. Sanghvi as a director, the ratification of remuneration for cost auditors M/s. N. D. Birla & Co., and the appointment of M/s. M. C. Gupta & Co. as secretarial auditors for five years also passed with requisite majority.

Additionally, shareholders approved a special resolution granting the board of directors authority to issue redeemable non-convertible debentures/bonds via private placement, not exceeding INR 500.00 Crores. The company reported that 64,449,352 votes were polled, representing 91.95% of the total outstanding shares. Anil Maloo, company secretary & compliance officer, signed off on the results.