The 24th AGM of Riddhi Steel and Tube Limited was held on Monday, 29th September, 2025 at 03:00 PM at the Registered Office and the business as mentioned in the notice were transacted. In ....
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Awaiting price reaction for this filing.
Riddhi Steel and Tube Limited held its 24th AGM on 29th September 2025 at its registered office in Ahmedabad, from 3:00 PM to 3:30 PM, chaired by Managing Director Rajeshkumar Mittal. Five directors were present, including three non-executive independent directors, the MD, and the Director & CFO. Nine resolutions were transacted, covering adoption of FY24-25 audited financials, re-appointment of the MD for a 3-year term, regularisation of three independent directors, ratification of the cost auditor's remuneration, and approval of broad borrowing/investment powers for the Board under Section 180. Voting was conducted by poll under the supervision of an independent scrutinizer, and no questions were raised by members.
Routine procedural filing with no immediate price impact; however, the MD's re-appointment for 3 years and expanded Board authorities on loans, guarantees and investments give the management significant operational flexibility going forward.