Rishi Laser Ltd

Dematerialisation/Rematerialisation status

• Dematerialisation requests received during the quarter were processed (accepted/rejected) and confirmed to the depositories.
• Securities dematerialised have been listed on the stock exchanges where the existing issues are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled; depository name substituted as registered owner within 15 days.

Rishi Laser Limited: Closure of trading window from 01 October 2026 upto 48 hours from declaration of unaudited financial results for the quarter and half year ended 30 September 2026.

AGM details

• Date and mode: 25 Sep 2026, 11:00–11:45 AM, VC/OAVM.
• Record date: 18 Sep 2026.

Key resolutions and outcomes

• Adopt Audited Financial Statements and Board report; 94.67% in favour, 5.33% against.
• Re-appoint director by rotation; approved with 96% in favour.
• Remuneration of Cost Auditor for 2026-27 ratified.

Director changes

• Mr. Mahesh Solanki retired by rotation; re-appointment approved.

Auditors and related approvals

• Cost Auditor remuneration ratified for 2026-27.

AGM Details

• Date and time: 25 September 2026 at 11:00 a.m. IST.
• Mode: VC/OAVM with deemed venue at the registered office.
• Quorum: 60 members attended via VC/OAVM.
• Remote e-voting and AGM e-voting available.

Key Resolutions

• Ordinary: Adopt Audited Financial Statements for the year ended 31 March 2026 and reports thereon.
• Ordinary: Re-appoint Mahesh Solanki, retiring by rotation.
• Special: Ratification of remuneration payable to Cost Auditors.

Voting Results

• All resolutions passed as per consolidated remote e-voting and AGM voting.

Auditor Matters

• Cost Auditors' remuneration ratified by members.

Director Changes

• Director Solanki retires by rotation and seeks re-appointment.

Financial performance

• Revenue (net) Rs 162.35 crore, up 7.23%.
• PAT Rs 3.67 crore, PAT margin 2.26%.
• Export revenue Rs 22.83 crore, 14.2% of revenue.
• Net worth Rs 74.60 crore; debt-to-equity 0.29x.
• EPS Rs 4.60; Book value Rs 81.15 per share.
• No dividend declared for FY2025-26.

Operations & capacity expansion

• Malur plant commissioned; fully operational with approvals.
• Phase 1 paint shop live since June 2026.
• Six manufacturing units across five states.
• Construction Equipment remains over half of revenue.
• FY27 Malur contribution guided at Rs 60 crore; Rs 100 crore by FY29.

Capital structure & liquidity

• Debt-to-equity ratio 0.29x; disciplined leverage.
• Long-term borrowings Rs 14.68 crore; current borrowings Rs 7.29 crore.
• Lease liabilities Non-current Rs 10.72 crore; Current Rs 2.88 crore.
• Net cash from operations: Rs 8.12 crore.
• Ending cash & cash equivalents: Rs 3.41 crore.

Governance & internal controls

• Statutory auditors Shah Mehta & Bakshi; unmodified report.
• Secretarial auditor Kalamkar & Associates; no qualifications.
• Internal audit framework robust; reports to Audit Committee.
• Board of 4 directors; 1 MD, 3 non-exec incl. 1 woman independent.
• Audit Committee met 4 times; related party approvals in place.

CSR & ESG

• CSR spend Rs 12.95 lakh; two projects.
• Projects: Education infrastructure and hunger alleviation.
• CSR policy available on company website.

Outlook & risks

• Outlook: 20% revenue CAGR over next three years.
• Malur to generate Rs 60 crore in FY27; Rs 100 crore by FY29.
• Risks: steel price volatility, rupee fluctuations, wage hikes.
• China+1 supply-chain realignments present external opportunities.

Dividend & shareholder info

• No dividend declared during the year.
• AGM via VC/OAVM scheduled for 25 Sep 2026.

AGM Details

• Date and time: 25 September 2026 at 11:00 IST via VC/OAVM.
• Mode: VC/OAVM; deemed venue: registered office.
• Record date for remote e-voting: 18 September 2026.
• Register of Members closed: 19–25 September 2026.

Key Resolutions

• Ordinary: adopt Audited Financial Statements for the year ended 31 March 2026.
• Ordinary: re-appointment of Mahesh Solanki as director; retires by rotation.
• Ordinary: ratify Cost Auditor remuneration for FY 2026-27 Rs 85,000.

Voting Results

• Outcome pending; deemed passed on AGM date if requisite votes are obtained.
• Results to be declared after e-voting; posted on company and NSDL websites.

Director Changes

• Re-appoint Mahesh Solanki as director; retires by rotation; Non-Executive, Non-Independent.

Auditor Appointments

• Cost Auditor remuneration Rs 85,000 for FY 2026-27; ratification required.

Book closure details

• Book closure: 19 September 2026 to 25 September 2026 inclusive for AGM.
• Purpose: Annual General Meeting.
• Date of AGM: 25 September 2026.
• Security: equity shares.

AGM notice and voting details

• 34th AGM scheduled for 25 September 2026 at 11:00 a.m. via VC/OAVM.
• Remote e-voting facility to be available to members per Section 108 and Regulation 44.
• Cut-off date for e-voting is 18 September 2026 (Friday).
• E-voting opens on 21 September 2026 at 9:00 a.m. IST.
• E-voting ends on 24 September 2026 at 5:00 p.m. IST.
• Register of Members and Share Transfer Books will be closed 19-25 September 2026.
• Agency for e-voting: National Securities Depository Limited (NSDL).

Relodgement status under SEBI window

• Status update on relodgement of physical share transfer requests under SEBI window Feb–Jul 2026 shows zero activity.
• RTA report from Adroit Corporate Services covers February 2026 to July 2026 relodgement.
• Table shows nil requests received, processed, approved, or rejected during Feb 2026–Jul 2026.