Submission of Annual Report for the Financial year 2025-26

September 03, 2026 The Listing Compliance BSE Ltd. Phiroze Jeejeebhoy Towers Dalal Street Mumbai- 400001 BSE Scrip Code: 531539 Subject: Annual Report for the Financial Year 2025-26. Ref: Regulation 34 (1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Dear Sir/Madam, Pursuant to the Provisions of Regulation 34 (1) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are enclosing herewith Annual Report together with notice of the AGM for the Financial Year 2025-26 and is also available on the website of the Company at www.rishabhdighasteel.com. This is for your information and record. Thanking You. Yours Truly, For RISHABH DIGHA STEEL AND ALLIED PRODUCTS LIMITED ASHOK MAGANLAL MEHTA MANAGING DIRECTOR DIN: 00163206 Encl: Annual Report for the FY 2025-26 RISHABH DIGHA STEEL & ALLIED PRODUCTS LIMITED Regd. Office: 1, Floor-GRD, Plot-514B, Amar Kunj, R P Masani Road, Road No 32 Khalsa Collage, Matunga, Mumbai -400019. Tel: 022-23481268; Email: info@rishabhdighasteel.com Website: www.rishabhdighasteel.com CIN: L15310MH1991PLC064563 35TH ANNUAL REPORT 2025-2026 RISHABH DIGHA STEEL AND ALLIED PRODUCTS LIMITED Page 1 of 73 CORPORATE INFORMATION RISHABH DIGHA STEEL AND ALLIED PRODUCTS LIMITED CIN L15310MH1991PLC064563 Registered Address: 1, Floor-GRD, Plot-514B, Amar Kunj, R P Masani Road, Road No 32 Khalsa Collage, Matunga, Mumbai -400019. Corporate Office: Giriraj, Ground Floor, Sant Tukaram Road, Iron Market, Mumbai - 400 009. Website: www.rishabhdighasteel.com Email: info@rishabhdighasteel.com Board of Directors and Key Managerial Personnel: Kumud Ashok Mehta Wholetime Director & Chief Financial Officer Ashok Maganlal Mehta Managing Director Jigar Rajendra Sheth Independent Director Hardik Pravinbhai Makwana Independent Director Krishna Kumar Omprakash Dubey Non-Executive Director Aagvi Chintan Botadra Company Secretary and Compliance Officer Statutory Auditors: M/s BILIMORIA MEHTA & CO, Chartered Accountants Internal Auditors: M/s Yogesh Bhuva & Co., Chartered Accountants Secretarial Auditor: M/s Jaymin Modi & Co., Practicing Company Secretary Registrar & Transfer Agents: MUFG Intime India Private Limited 1st Floor, 247 Park, Lal Bahadur Shastri Marg, Vikhroli (West), Mumbai, Maharashtra – 400 083 Page 2 of 73 CONTENTS OF THE ANNUAL REPORT Particulars Page Number Notice 04 Attendance Slip 18 Proxy Form 19 Assent/Dissent Form 21 Route Map 23 Directors’ report 24 Annexure A to Directors’ report 33 Annexure B to Directors’ report 34 Annexure C to Directors’ report 35 Annexure D to Directors’ report 36 Annexure E to Directors’ report 41 Independent Auditor’s Report 46 Standalone Balance Sheet 56 Statement of Profit & Loss 57 Cash Flow Statement 58 Notes to Financial Statement 59 Page 3 of 73 NOTICE NOTICE IS HEREBY GIVEN THAT THE 35TH ANNUAL GENERAL MEETING OF THE MEMBERS OF RISHABH DIGHA STEEL AND ALLIED PRODUCTS LIMITED WILL BE HELD ON MONDAY 28TH SEPTEMBER 2026 AT 9:30 AM AT 1, FLOOR-GRD, PLOT-514B, AMAR KUNJ, R P MASANI ROAD, ROAD NO 32 KHALSA COLLAGE, MATUNGA, MUMBAI -400019 TO TRANSACT THE FOLLOWING BUSINESS. ORDINARY BUSINESS: ITEM NO. 1. TO RECEIVE, CONSIDER AND ADOPT THE AUDITED STANDALONE FINANCIAL STATEMENTS OF THE COMPANY FOR THE FINANCIAL YEAR ENDED MARCH 31, 2026 TOGETHER WITH THE REPORTS OF THE BOARD OF DIRECTORS’ AND AUDITORS’ THEREON: TO CONSIDER AND, IF THOUGHT FIT, TO PASS, WITH OR WITHOUT MODIFICATIONS, THE FOLLOWING RESOLUTION AS ORDINARY RESOLUTION: “RESOLVED THAT the audited standalone financial statements of the Company for the financial year ended March 31, 2026, together with the Reports of the Board of Directors and Auditors thereon, be and are hereby received, considered and adopted.” ITEM NO. 2. TO APPOINT A DIRECTOR IN PLACE OF MR. KRISHNA KUMAR OMPRAKASH DUBEY (DIN: 09829412) WHO RETIRES BY ROTATION AND BEING ELIGIBLE OFFERED HIMSELF FOR RE- APPOINTMENT: TO CONSIDER AND, IF THOUGHT FIT, TO PASS, WITH OR WITHOUT MODIFICATIONS, THE FOLLOWING RESOLUTION AS ORDINARY RESOLUTION: “RESOLVED THAT pursuant to the provisions of Section 152 and other applicable provisions of the Companies Act, 2013 (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force) Mr. Krishna Kumar Omprakash Dubey (DIN: 09829412) who retires by rotation as a Director at this AGM, be and is hereby re-appointed as a Director of the Company liable to retire by rotation.” SPECIAL BUSINESS: ITEM NO. 3. RE-APPOINTMENT OF MR. ASHOK MAGANLAL MEHTA (DIN: 00163206) AS MANAGING DIRECTOR OF THE COMPANY: TO CONSIDER AND, IF THOUGHT FIT, TO PASS, WITH OR WITHOUT MODIFICATIONS, THE FOLLOWING RESOLUTION AS A SPECIAL RESOLUTION: “RESOLVED THAT pursuant to the provisions of Sections 196, 197, 198, Schedule V and other applicable provisions, if any, of the Companies Act, 2013 and the Companies (Appointment and Remuneration of Managerial Personnel) Rules, 2014, and applicable regulations of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 (including any statutory modification(s) or re-enactment(s) thereof, for the time being in force), if any and in terms of recommendation of the Nomination and Remuneration Committee, Audit Committee and approval of Board of Directors and subject to such approvals, permissions and sanctions as may be required, Mr. Ashok Maganlal Mehta (DIN: 00163206), be and is appointed as Managing Director designated as Chairperson of the Company for a period of 5 (Five) Years w.e.f. September 08, 2026 to September 07, 2031, liable to retire by rotation.” Page 4 of 73 RESOLVED FURTHER THAT Mr. Ashok Maganlal Mehta be paid remuneration upto Rs. 24,00,000/- (Rupees Twenty Four Lakhs) per annum (inclusive of salary, perquisites, benefits, incentives and other allowances) for a period of 5 (Five) Years w.e.f. September 08, 2026 to September 07, 2031, and on terms and conditions as set out in the Explanatory Statement annexed to the Notice convening this meeting with the liberty to the Board of Directors or Nomination and Remuneration Committee to change, alter, vary or modify the terms and conditions of the said appointment including Remuneration in such manner as may be agreed to between the Board and Mr. Ashok Maganlal Mehta within the scope of Schedule V of the Companies Act, 2013 or any amendments thereto or any re-enactments thereof. RESOLVED FURTHER THAT in the event of loss or inadequacy of profit in any financial year during the tendency of tenure of Mr. Ashok Maganlal Mehta as Managing Director designated as Chairperson of the Company, the above mentioned remuneration be paid to him, as minimum remuneration, subject to the provisions of Section 197 read with Schedule V of the Companies Act, 2013 and rules framed thereunder and any other applicable provisions of the Act or any statutory modification or re-enactment thereof. RESOLVED FURTHER THAT the Board of Directors of the Company be and is hereby authorized to take such steps as may be necessary for obtaining approvals, statutory or otherwise, in relation to the above and to settle all matters arising out of and incidental thereto and to sign and execute all documents and filling of requisites forms that may be required on behalf of the Company, and generally to do all acts, deeds and things that may be necessary, proper, expedient or incidental for the purpose of giving effect this resolution.” ITEM NO. 4. REGULARIZATION OF MR. VIRAL SNEHAL CHINAI (DIN: 11906624) AS NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANY TO CONSIDER AND, IF THOUGHT FIT, TO PASS, WITH OR WITHOUT MODIFICATIONS, THE FOLLOWING RESOLUTION AS A SPECIAL RESOLUTION: “RESOLVED THAT pursuant to the provisions of Section 149, 150, 152, 161 read with Schedule IV and Companies (Appointment and Qualification of Directors) Rules, 2014 and other applicable provisions, if any, of the Companies Act, 2013 and Regulation 16(1)(b) read with Regulation 17 of SEBI (Listing Obligations and Disclosure Requirements) Regu [Showing first 8,000 characters — download PDF for full document]