With reference to the captioned subject, we hereby enclose the following: 1. Voting Results of the business transacted at the AGM, as required under Regulation 44(3) of the Listing Regulations. 2. ....
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Riddhi Steel and Tube Limited held its 24th AGM on 29th September 2025 at its registered office in Ahmedabad, where 9 resolutions were passed with 100% approval. The resolutions included adoption of audited financial statements for FY25, re-appointment of the Managing Director Mr. Rajeshkumar Mittal for 3 years, ratification of Cost Auditor remuneration, appointment of three new Independent Directors (Ms. Ishmeet Kaur Kheda, Mr. Vikas Vijay Meena, and Mr. Bhavinkumar Magnani), and granting the Board authority for loans, guarantees, investments, and powers under Section 180(1)(a). A total of 64,53,632 shares (77.85% of outstanding) were polled on most resolutions, all voted in favour with zero votes against. The company is exempt from e-voting under SEBI ICDR Chapter IX, so voting was conducted by poll only. Public participation was very thin, with only 11 shareholders attending in person and no VC participation.
All 9 resolutions were passed unanimously with zero dissent, reflecting smooth governance approval. Shareholders should note the 3-year re-appointment of the Managing Director and the Board's expanded authority for investments and financial commitments, which give management greater operational flexibility. Low public attendance and lack of e-voting mean retail investors had limited opportunity to participate.