Postal Ballot Notice dated 14.2.2026 approved by the Board prior to dispatch to shareholders

Rasi Electrodes has issued a postal ballot notice seeking shareholder e-voting approval on two ordinary resolutions between February 28 and March 30, 2026 (EVSN: 260219003). The first resolution seeks to ratify the appointment of Mr Gopikrishnan Madanagopal as Secretarial Auditor for FY ending March 31, 2026 at a fee of Rs. 1.5 lakhs, filed as a 'casual vacancy' under SEBI LODR Regulation 24A(1)(c) because no secretarial auditor was appointed at the 30th AGM held on September 29, 2025. The second resolution seeks approval for a 5-year related party contract to supply solar power at Rs. 7 per unit (variable between Rs. 6-7) from a 100 KWA solar plant being set up by the company to M/s Kashyap Wire Products, a proprietorship owned by the wife of Managing Director Mr B Popatlal Kothari. Related parties including MD, CFO Mr Kashyap Kothari, and Director Mrs Payal Kothari cannot vote on the second resolution.