Rathi Bars Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 28/05/2026 ,inter alia, to consider and approve 1. To elect the Chairperson of the ....
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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Rathi Bars has called a Board meeting on May 28, 2026 to primarily consider and approve the standalone audited financial results for Q4 and FY ended March 31, 2026. The meeting agenda also includes confirmation of Audit Committee minutes, related party transactions for FY2026, and review of statutory compliance. Critically, the agenda reveals the company's manufacturing operations remain closed/suspended, and the board will review revival plans, discuss moratorium and debt restructuring with bankers/lenders, and assess pending debt and interest obligations. Ernst & Young and Menon & Associates are engaged as professional and legal advisors respectively. Anurag Rathi is the Managing Director.
The meeting agenda signals significant financial distress — suspended operations, debt restructuring talks, and professional advisor engagement are red flags for investors. Q4/FY results approval could bring negative market reaction if losses are reported.