Rathi Bars Board Meet on April 10 to Review Operations Halt, Debt Restructuring

Rathi Bars Ltd has called a Board meeting on April 10, 2026. Key items include taking note of the suspension of manufacturing operations and discussing revival/re-commencement plans. The Board will also consider appointing Ernst & Young as professional advisor and Menon & Associates as legal advisor, coordinate with bankers for moratorium, restructuring and fresh credit facilities, and review pending debt servicing obligations. The resignation of Company Secretary Ms. Bharti Chitkara was also noted. Other items include approvals for director remuneration, rent, and fixed expenses.