Annual Report 2024-2025
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Awaiting price reaction for this filing.
Rasandik Engineering Industries India Ltd has submitted its 41st Annual General Meeting (AGM) Notice and Annual Report for the financial year ended March 31, 2025, to BSE. The 41st AGM is scheduled for Friday, August 1, 2025 at 11:00 AM IST via video conferencing. The company's market capitalization stands at Rs. 49.68 Crores as of March 31, 2025. Key business divisions include Electric Vehicle Manufacturing (under the SAMRAT brand, launched in 2022 for L5-category electric three-wheelers) and Sheet Metal Fabrication, with operations spread across four manufacturing plants in Haryana, Uttar Pradesh, and Maharashtra. The AGM agenda includes adoption of FY25 financial statements, re-appointment of Deepika Kapoor (rotational), re-appointment of Rajiv Kapoor as Chairman & Managing Director for a second term (Oct 1, 2025 to Sep 30, 2030) including continuation past age 70, re-appointment of Abhay Kumar Khanna as Independent Director for a second five-year term (Sept 14, 2025 to Sept 13, 2030) including continuation past age 75, and appointment of M/s Arun Kumar Gupta & Associates as Secretarial Auditor for five years.
Routine annual compliance filing with no immediate stock price impact. Shareholders should note the resolutions seeking approval for managerial remuneration and director re-appointments at the upcoming AGM, which are standard governance items for a small-cap company.