32nd AGM commenced at 9.30.am and concluded on 10.09.a.m. - brief report on proceedings required to be file pursuant to REg.30(6)

iilE ar, 6,RE ELEGTR,DE' LrD.. a/rsco\ rBa:sr CIN: L52599TN1994PLC026980 Dated: September 28, 2026 Ref:REL/0078/2026-27 THE BSE LIMITED PHIROZE JEEJEEBHOY TOWERS 26TH FLOOR, DALAL STREET MUMBAI - 400001 Dear Sir, sub: Requlation 30(6) read along with sub-para 13-oJ Part A oI Schedule lll - Proceedings of 32ND i""r"i d"""i"i rlr"i,ti"g held on18'' september 2026 Ref: BSE ScriP: 531233 We wish to inform you that the 32 u{o n dA eG rM i' io ""f "t ih i"e a s ."h gar re i"h io i"ld ^e " rs of a rth e e h ec ro om byp a mny a kw ina gs t hh ee l fd o lo lon w 2 in8 gih scnrember 2026, and as requirect '"e il":ilil ;"-il;;;d the salient proceedinss at the 32ND AGM: ih udh VC & OAVM tElect;onic facitity Provided bY LDSL was utilizedl ian lhe Six Directors attended the ii.Chair;an of Audit Committee atonded the meeting, iii.chairman of Nomination & Remuneration Committee attended iv chairman of Stakeholders Relationship commiltee attendecl the meeting S""r"trirf arOit- lttending the Fo-uea genoa items. were griet O-eta;ts of-nems deliberated and ierileratea-ana transacted at the 32No AGM as per Notlce dated 14' August 2026 sent io all members' iiire wis aiscussion wittr tne _./o hamtteB about the oPerations ol Manufacturer & Supplier of All Grade Welding Electrodes, COl Welding Wiro and Drawn Wire Etc. R.gd, Ofl : 2l. Raja Anfitm.lal Ro.d, Flet Io, Arl4 Ram! AparbrEnt 3rd Floo., Chenn.l . 600 08{ Ph : +tl.{+2542/l523 , 7884 .|rull : lnto@n l.hcfodo.,con Vlslt u3 : www.r.!l!l.ctrod.6.com, Fac1ory: uppar.pal.yam Vlllag., Al.mahlpo4 R.dhllb, Ch.nnrl - 600052. Ph | 9381021215 CIN I L52599TN1994PLC026980, Customor Caro | +91444-26/,01A22 the Cornpany, expense and oth; delrils, Financiars and busine; prospecrs, otc., as raised bv shareholders wtro have att€nd€; rhe meeiing and with regard to quer'es lhrough emait in advan.a an.l raisect al the meetins. About.l3 members have senr in advance through emait to ihe company for being inctuded as upeaxer at lhe 32nd AGM. Their names have been calect out at rhe meenng and out of them ontv four shareholders who were Dresenr l ah sro ku eg dh VC h ua ev se js op no sh en and cclarifications. Tho CFO exptained and ctarified most or the'D;ini; with specific deraits. There w;re no corlnter quesiions obJections thorearter FOUR or.linary resotutrons as Der delails menrioned betow ;as tp hro epo s se ad man ec t tv ho rri on ug gto ho k ptace on Etectronic means through CDSL weboo.iat www.evotinqindia.com durino the period 24.09.2026 and 27_0i.2026 and Venue Votrng by Etectronic Means was atso a owed The forlowing are rhe derails or rhc FOUR ordinary resoturion; at the rR ee sos hu rt tt i oo nf s E pr- oV poo st ein d g in-n th t eh Ne o t4 ice which w OlL FL AB GE M(N o AW Nv D o N F- IL NY A A LF ISTE AR TION is detailed below: EVOTING PROCESS BY OF - --IuOi SCRUTINISER Aaopti,cn oi Statements for the year ended 31st RESOLUTION March 2026 WLL BE KNOWN ONLY AFTER CLOSE OF AGM ANO FINALISATION EVOTING PROCESS BY SCRUTINISER Declaration of Dividend of Re.O.20 paise T,vo buee ppaasssaaa.lo as an (i.e., 10%) for the year ended 3lstMar.h oRNINARV RESOLUTION WLL BE KNOWN ONLY AFTER CLOSE OF AGM AND FINALISATION EVOTING PROCESS BY SCRUTINISER RE-appointment of retir;ng airector fvlE To be passea is--n -n PAII!_ Ji\tN (DtN: 0718.1s48) as Director tiabte for rEiieieilEy rotatio-tion OF AGM AND FINALISATION EVOTING PROCESS BY SCRUTINISER appoinrment- ot [t- s -ttiri- xrii Practising Company Secretary, as a RESOLUTION yS ee ac rr setariat Auditd for a perioa of tve WILL BE KNOWN ONLY AFTER CLOSE OF AGM AND FINALISATION EVOTING PROCESS BY SCRUTINISER A copy of the Chairman,s speech deliverecl at the 32ND AGM is enctosed. [6,":i'lii.:'g'^::Bii*:llffiffiif".J,,:1ff*ifiy,,1*: - the reso,utiohs proposed at the $,":,?iLXi:,li,1i['";::ii:i",','#;yll*"s o, the proceedings or rhe 32ND AGM once the same We request you to kindly take on record the above and acknowledge. Thanking you, Yours tairhfuIy, MANAGING DIRECTOR DIN:00594t68 RASI -ir(o ELECTRODES LIMITED ,':)",'l::', ffi=i GSTIN : 33AAACR4682clzG RASI ELECTRODES LIMITED iit,"1iytr^? "',H+ftrii]j#ii,[#.il' ifif; [1T3-5,?',il6ilil ti,.. ia]; LADIES ANO GENTLEMEN, extend a hearty wercome to aI of you who have joined over video conference to attend the 32ND Annuaj Generar meeting of your company. The Annuar Report along with the Audited Fjnancjal Statement have been with you for quite some time and with your permission I shall take them as read. PERFORMANCE The turnover ofthe Companywas Rs 7201.18 lakhs as against Rs 8144.18lakhs achieved last year. The turnover has decreased by .11.57% during the year. The profit before tax was Rs 478.44 lakhs as against Rs.376.79 takhs during tast year. After providing for taxation amounting to Rs.126.87 rakhs, the net profit after taxation remains at Rs asr.u, ,"*n" against Rs 273.76 rakhs achieved during the previous year. The profit after tax has increase" d" by 2A.42Vo duting lhe year ended 31"r t\,4arch 2O26.Ihe Board of Directors have reommended Dividend of 10% for the year ended 3isi March 2026 The decrease in turnover was due to continuing correction in the basic raw material i.e. steel rods due to cyclical factors. The raw n rurjljlrll":ilHil'::":,:j"::: constitutes about e5% ano nence, tire :Tj:T:"J varialion in steel prices. The Company was successful in maintaining and protecting tts net margin by consciously controlling costs at various levels. Page I of3 iR€. RASI ELECTRODES LIMITED d $tti,., q raasr GSTIN : 33AAACR4682c1ZG ECONOIUtc ScENARtO The world economy is passing through a very turburent and chalenging phase due to never ending conflict situatjon and levying or threat to levying punishing tariffs. Clear trends in the growth and economic ouflook wil onry emerge after comprete cessation of the confricts, stabirjty and return of hust factor whjch is completely lacking. Even though our Country sailed through the tougher times, we continue to be under danger of cost increases due to stress in the fuel prices and availabiljty offueland fertilizer products and contraction ofdeman.t INDUSTRIAL SCENARIO AND YOUR COMPANY'S PROSPECTS Your company's products are mainly used in the infrastructure and induskial sectors in the economy, The flagship products of your company are production and marketing of ccMs wrre. The production capacity of CCtVtS Wire stands at S4OO MTPA. The actuat production of CCN,tS wire was 484'1.183 MTs during the year as agajnst 4684.748 [4Is durjng the previous year. rhe company's products conform to high quariry standards and as a resurt the certification Agencies still continues to accord high certification ratings. Yolr Company's brand is well recognized and it js the preferred products in a sizeabte section in the market. The Company has, over a periocl of time, has considerably reduced its total borrowings which stands at just RS.9.BS lakhs as at the end of the financial year. tn this way, your Company is considerably saved on interest costs which has contributed to prolit expansion. The increase of investible surplus resulted in jncreased keasury income as well. Your Company has initiated installation of Solar power on a trail basis in order to test its effectiveness and to reduce its Power cost. The installation is in advanced stage of completion. As regards business relating to lrading in groceries. staples and other similar branded products, Board of Directors have decided not to scale up these line of business in these turbulent times. Page 2 of3 RAST ELECTRODES LIMITED R€SI GSTIN : 33AAAGR4682G1ZG Vo.iffipuny is evatuating various inv, proceed very cautiousry in rhis resard in;""'XT:::H""H:,#;:il::J5::,H : financial assets and avoidance of any untoward losses. ACKNOWLEDGEMENT I take this opportunity to thank the other cotJeagues on the Board of your company for all the constructive support extended by them. also thank the vadous governmental authorities, the company,s Bankers lvi/S Bank of Baroda, the customers [Showing first 8,000 characters — download PDF for full document]