Voting Results and Scrutinizers report of the 43rd Annual General Meeting, held on 30th September, 2025
Awaiting price reaction for this filing.
Raasi Refractories Limited held its 43rd Annual General Meeting on 30th September 2025 via video conferencing. The company had 5,856 shareholders on record date, but only 42 public shareholders attended through VC. Three resolutions were put to vote and all were passed with overwhelming majority: 1. Adoption of audited financial statements for FY ended 31st March 2025 – 99.99% in favour (11,02,184 vs 21 votes against). 2. Appointment of Mr. Venkanna Konda (DIN: 05119181) as Managing Director (Special Resolution) – 99.99% in favour (11,02,184 vs 21 against). 3. Appointment of Mr. Pavan Kumar Bhattiprolu as Secretarial Auditor – 99.99% in favour (11,02,184 vs 22 against). E-voting was provided by CDSL, and the scrutinizer, Mr. Pavan Kumar Bhattiprolu of BPK Associates, confirmed the process was fair and valid. Promoter group voted 10,98,320 shares entirely in favour of all resolutions.
All three resolutions passed with near-unanimous support, indicating strong shareholder approval of the company's governance decisions, including the key appointment of the Managing Director. However, voter turnout was very low at just 23.38% of outstanding shares, and none of the promoter group attended the meeting through VC, which reflects limited retail engagement.