Pursuant to Part-A of Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, please find enclosed the minutes of Annual General Meeting of the members ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Raunaq International filed the minutes of its 60th Annual General Meeting held on August 27, 2025 via video conference, with 308 members participating. The Chairman highlighted a major turnaround in FY 2024-25, with total revenue jumping from Rs. 465.11 Lakhs to Rs. 2,206.43 Lakhs. The company secured a Rs. 16.80 Crore contract from Adani Power for the 2x800 MW Ultra Supercritical Thermal Power Plant in Chhattisgarh and an additional Rs. 15.40 Crore work order for the Mahan project in Madhya Pradesh. Trading operations in alloy steel contributed Rs. 899.92 Lakhs to revenue. All four resolutions — including adoption of audited financials, re-appointment of a director, appointment of Mr. Nagar Venkatraman Srinivasan as Independent Director for 5 years, and re-appointment of M/s Sanket Jain & Co. as Secretarial Auditor for 5 years (FY 2025-26 to FY 2029-30) — were passed with overwhelming majority (~99.99% in favor).
Strong revenue growth and new EPC contracts signal a business turnaround that may support share price sentiment. Smooth approval of all resolutions, including a 5-year auditor appointment, indicates stable shareholder confidence and governance continuity.