Submission under Regulation 33 of SEBI (LODR) Regulations, 2015

RATHI BARS LIMITED CIN: L74899DL1993PLC054781 Regd. Office: 22/2, Kh No. 14/16/2/22/2, First Floor, Saidabad, Madanpur Khadar More, Sarita Vihar, New Delhi-110076 Ph.:011-45702536 Web: www.rathisteels.com; E-mail:rathibars@hotmail.com Date: November 11, 2026 The Secretary, Listing Department BSE Limited Phiroze Jeejeebhoy Towers, Dalal Street, Mumbai - 400001 Maharashtra, India SCRIP CODE: 532918 SYMBOL: RATHIBAR Subject: Outcome of the Board Meeting held on Wednesday, the 11t day of November, 2026 at 02:00 P.M. and concluded at 02:50 P.M. Dear Sir/Ma’am, Pursuant to the Regulation 30, 33 and other applicable provisions of Securities and Exchange Board of India (Listing Obligations and Disclosure Requirement), Regulation, 2015 (“Listing Regulation”), this is to inform you that the Board of Directors in their meeting held on Wednesday, the 11th day of November, 2026, inter alia, has considered & approved the Un-Audited Financial Results (Standalone & Single Segment) as set out in compliance with Indian Accounting Standard (Ind-AS) for the half yearly/2m quarter ended September 30, 2026 and further noted the various proposal as discussed in the said Board Meeting. The said results have been reviewed by Audit Committee and approved by the Board of Directors of the Company. A copy of the Un-Audited Financial Results (Standalone & Single Segment) for the half yearly/2nd quarter ended September 30, 2026 along with Auditor’ Limited Review Report are attached herewith. The meeting of the Board commenced at 02:00 P.M. and concluded at 02:50 P.M. It is noted that pursuant to our letter dated 23 September, 2026, the trading window for dealing in the Securities of the Company shall remain closed to all designated persons, their immediate relatives and all connected persons as per SEBI (Prohibition of Insider Trading) Regulations, 2015 read with the Code of Conduct to Regulate, Monitor and Report Trading by Insiders of the Company from 1st day of October, 2026 till 48 hours after declaration of the Unaudited Standalone Financial Results of the Company. The above information will also be hosted on the website of the Company i.e. www.rathisteels.com. You are requested to take the information on your records. For Rathi Bars Limited . Digitally signed by Diwakar gt ziarson . Date: 2026.1.11 Soni 14:51:26 405'30' Diwakar Soni Company Secretary & Compliance Officer (A81853) Encl: As above MASAR & CO X eB-113, IIind Floor, Se ctor-64, (Chartered Accountants) E-mail : info@masarindia.com INDIA ‘Web. : www.masarindia.com BL ai rm si t Le id iR te ev di pe uw sR ue ap no tr t oo n eU gn ua lu atd ii ot ne d 3S t oa fn td ha el o Sn Ee IQu (a Lr it se tr inl gy OF bi ln ia gn ac ti ia ol sRe as nul dt s io sf lR oa st uh r; Requirements) Regulations, 2015 Review Report The Board of Directors Rathi Bars Limited New Delhi g a3“oW 3S mfe t e aR o nh a t f dt ea t eh mv hi e de e n r tB (S” te a E h)v r eB,i s Ie “bL Lw e ( iie i L smd n i ti g st it th nse ie gud n ba g Rm c ( eOt i gc h bt uo e lt lm i aep “ g tda C a b tn oo i nyy m so i p t ™nn ha )seg .n a y CS n™t o d)a m t Dpe f iaom sr ne c n lytt oh p seo u u f r rq U s eun ua Rr aa et nu e qtd r u i t it oe r e n t ed d h m eeS e dt nr a teSn q sed u )a p i l Rrt eo ee gn mm ue eb l neF ati r tsn i a 3 o on 0 nfc , s i R ,a e2 l g 20 u 02R l 1e 6 a 5s t ,u ( i l t o at h sns e fbT iyh n e at n h cS e it aa lBt oe iam nre fdn o t r o mi f as t t D ih i oe r ne r c be t as o sp ro esn d.s i oOb nui l r oi ut r ry e rso p ef o v nt ish eie w b .C i lo im tp y a in sy t’ os eM xa pn rea sg se m a e cn ot n ca ln ud s ih oa ns ob nee tn h ea p ip nr to ev re imd apE IIW nrnn n aie ddg lmie ya a a tc p g r ieo i(e cnn l“m ad yd I le e u C n an Ac ot t I nt f”s de A ) d p o.u( e do S r hAiu R s etr o E ro nr) r r rse e v2 ov vi4 rfi ie e1 e eswt0w wph , e oo po nf“ rf E s R on ii ct e t n bh ei tv le t de ei y ur eS ” ri f,t w em o a ri .t o f s e if s fnm u iaIe ne nnn ad ctt n ie c b ari ilyin a m lita nhFc afeic o n no rI dar n m nd s ac ata ti i cn ia t cc ol u oe t n ue I nw cn o toi f f int o nsh r C i g m h s t a a th mt r se ai t to oeS tn frt e e ra mP d sn ae ,d r A k a cf ir aco nd nor g dumo nen i at nd pqaR punbe i lty rv ys i ii et ne soh g,ew f ascA S uiot d gna inr sn tie cd fv oqa ii pu cr ie aed nnw ns it t o i o l m ns yn a . ts dA tu u o eb ds rct si sa t n tnit hon ai tg ta l e msl n ipy ae g bcl hlie tf es is b e u edi s n i u t ds on e c d noo te bp ir t fe a i S eit e dnh c a t ian ni s o s aa n u n n r 1 aaa 4 unu d3 c id ( e ti 1 ,t 0 t h) Ac a co to c n f owd rt eu dhc iet w n e oC gd u lo ylmi ,dpn a wba n eec i c ce do os or m d neAa oc n tt ac , w €e a X 2 r pw 0 e ri 1 e t 3 o sh sf a t a anh l nd le twcrfeB ole haxa ac ws ip sis p acl l see ria hicd dtn f ti s ia i re e t vso e Tdi en m o l Rf a ayn r eg i,o s o n D u Nmp sr a So r n A no ur d fxv - n ie i i P p nv td s e aai ee nr ie rd cfB dw im o at e iro n rc n l m skuo o i s n t ra n had enb g inu msy c d a f A t t iqr se h uY no se ad se em r sM t t ua es a H nrs Bn p. (Daa aNs Fng iFt P dke ua C A r t m a te )ae nhd Bm n e dbo a rt a y ,u n i,b s n k o t aw t u hv nie neae n d m an eg rooa me r utn s o t n le pod u it ed n tc i¥ itb tt g6 nha i a0 gas tv ot . iee f o0 ttd n8 o bh % . e a 6o c n¥ 4Cn r k .4o o 2s.rmt 10 eh p i7 e na ca n rcn pi ory d rn ro’ e f er vs 2o e i1 r oC o9m uh ua .a ta ss 6t sv i 8h te qo a u Cn nc ar b r dre o iea td r ne en ei gn r,d t Other Offices : Delhi As stated in the minutes of the Board Meeting dated 10 April 2026, the Board noted, approved and ratified the temporary suspension of manufacturing operations of the Company due to, inter alia, income-tax search proceedings commenced on 15 December 2025, invocation of GRAP Stage IV restrictions in NCR by CAQM, Suo-moto amendment of Consent to Oporate (CTO) by RSPCB dated 16 January 2026 and significant increase in power tariffs by Jaipur Vidyut Vitran Nigam Limited (JVVNL). The manufacturing operations remained suspended up to the end of the quarter. Further, the Board has proposed monetization of assets for repayment of bank dues, which may significantly affect the future operations of the Company. These matters indicate the existence of material uncertainty which may cast significant doubt on the Company’s ability to continuc as a going concern. Further, the Company has recognized a provision for bad and doubtful debts 0f 9.96 crore during the quarter, representing 13.27% of the disputed trade receivables, while the cumulative provision up to the reporting date represents approximately 34% of the disputed trade receivables. In the absence of sufficient appropriate evidence to support the basis and adequacy of such provision, we are unable to determine whether any further adjustment is required in respect of trade receivables and the corresponding impact on the financial results. Subject to the above observation, our conclusion is not further modified in respect of this matter. - Bascd on our review conducted as stated above, except for the possible effects of the matters described in Note 3, nothing has come to our attention that causes us to believe that the accompanying Statement of Unaudited Standalone Financial Results, prepared in accordance with the applicable Indian Accounting Standards specified under Section 133 of the Companics Act, 2013 read with the relevant rules issued thereunder and other accounting principles generally aceepted in India, has not been prepared, in all material respects, in accordance with the requirements of Regulation 33 of the Listing Regulations. ForMAARS & Co. Chartered Accountants FRN: 033829N CA Shashi Shekhar- Partner M. No.: 519011 UDI 651901 1IEUVCHO09216 Place: Noida Date: 11/11/2026 RATHI BARS LIMITED Regd. Office : 22/2, Kh No. 14/16/2/22/2, First Floor, Saidabad, Madanpur Khadar More, Sarita Vihar, New Delhi-110076 Ph.: +91-11-45702536, Web: www.rathisteels.com, E-mail : rathibars@hotmail.com CIN No: L748 [Showing first 8,000 characters — download PDF for full document]