Rajnandini Metal logo

Rajnandini Metal MD, chairman, board of directors and AGM

NSE: RAJMETIndustrial ProductsSmall Cap

Last close ₹2.84down ₹0.02 (0.70%)

Share price at the NSE close on 23 Oct 2026. Previous close ₹2.86.

52-week range of traded prices to 23 Oct 2026
₹2.72Low, 24 Mar 2026₹5.28High, 30 Dec 2025
Market cap
₹79 Cr2,859th largest listed
P/E
38.1
P/B
1.4
Dividend yield
Nonein the last 12 months
ROE
3.7%
ROCE
6.2%
Debt to equity
0.24
Volume, NSE
2,96,23781.4% delivered

Rajnandini Metal board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorAshok Kalra
  • Company Secretary and Compliance OfficerYogender Kumar Sharma

6 directors4 independent2 executive

  • Ashok Kalra · Chairperson and managing directorExecutive · joined Jan 2021 · 1 listed board
  • Manoj Kumar JangirExecutive · joined Nov 2022 · 1 listed board · 2 committee seats
  • Arun SharmaIndependent · joined Mar 2021 · reappointed Nov 2025 · 63 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Sanjeev ChhaudhaIndependent · joined Nov 2020 · reappointed Nov 2025 · 67 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • Pradeep Kumar VermaIndependent · joined Jun 2026 · reappointed Jun 2026 · 1 month as independent · 2 listed boards · 2 as independent · 2 committee seats
  • Ankita BhargavaIndependent · joined Mar 2025 · reappointed Mar 2025 · 16 months as independent · 1 listed board · 1 as independent

An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.

3 directors who left
  • Sanjay Choudhary, left 27 Feb 2026: Others
  • Het Ram, left 29 Mar 2025: Others
  • Anjali, left 1 Oct 2024: Others

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 8 Jun 20266 of 6 present4 independent · 18 days in between
    • 20 May 20265 of 5 present3 independent · 81 days in between
    • 27 Feb 20265 of 5 present3 independent · 15 days in between
    • 11 Feb 20265 of 6 present3 independent

  • Audit Committee

    Chair Arun Sharma

    Sanjeev Chhaudha, Manoj Kumar Jangir

    • 20 May 20263 of 3 present2 independent
    • 11 Feb 20263 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Arun Sharma

    Sanjeev Chhaudha, Ankita Bhargava

    • 8 Jun 20263 of 3 present3 independent
    • 20 May 20263 of 3 present3 independent
    • 27 Feb 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair Sanjeev Chhaudha

    Arun Sharma, Manoj Kumar Jangir

    • 20 May 20263 of 3 present2 independent

  • Corporate Social Responsibility Committee

    Chair Arun Sharma

    Ashok Kalra, Manoj Kumar Jangir

    • 20 May 20263 of 3 present1 independent

Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • Krishna & AssociatesPeer-review certificate valid to Mar 2028
1 earlier auditor
  • KAPG & AssociatesNamed in filings from Mar 2025 to Jun 2025

A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.

Rajnandini Metal AGM and shareholder votes

Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Rajnandini Metal dividend history

Annual general meeting, 28 Sep 2026

2,24,049 shareholders on the register on 21 Sep 2026; present: 2 promoters and 40 others; votes counted by Abhishek Jain / Abhishek J & Co..The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the company and Report of the Board of Directors and the Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.57%

    Turnout: all 30.70% · promoters 99.99% · institutions 0.00% · other public 0.31%

  2. To appoint a director in place of Mr. Manoj Kumar Jangir (DIN:08069170),who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.39%

    Turnout: all 30.70% · promoters 99.99% · institutions 0.00% · other public 0.31%

  3. Appointment of Mr. Pradeep Kumar Verma (DIN: 10749814) as an Independent Director of the Company.
    Special
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.86%

    Turnout: all 30.70% · promoters 99.99% · institutions 0.00% · other public 0.31%

  4. Fixation of the remuneration of the Cost Auditors of the company for the FY 2026-27.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 1.42%

    Turnout: all 30.70% · promoters 99.99% · institutions 0.00% · other public 0.31%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 16 Jul 2026, 3 resolutions

2,29,595 shareholders on the register on 12 Jun 2026; votes counted by Abhishek Jain / Abhishek J & Co..The company's voting result (opens in a new tab)

  1. Re-appointment of Mr. Sanjeev Chhaudha (DIN: 08932721) as an Independent Director of the Company for a second term of 5 years with effect from November 06, 2025 to November 05, 2030
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.84%

    Turnout: all 32.00% · promoters 99.99% · institutions 0.00% · other public 0.58%

  2. Re-appointment of Mr. Arun Sharma (DIN: 09107533) as an Independent Director of the Company for a second term of 5 years with effect from March 16, 2026 to March 15, 2031
    Special
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 5.14%

    Turnout: all 32.00% · promoters 99.99% · institutions 0.00% · other public 0.58%

  3. Appointment of Mr. Ashok Kalra (DIN-09024019) as Chairman and Managing Director of the Company for a period of three (3) years w.e.f. February 27, 2026 to February 26, 2029
    Special
    99.91% for0.09% against

    Against: promoters 0.00% · institutions 0.00% · other public 7.44%

    Turnout: all 32.00% · promoters 99.99% · institutions 0.00% · other public 0.58%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 26 Sep 2025, 8 resolutions

2,48,788 shareholders on the register on 19 Sep 2029; present: 1 promoter and 45 others; votes counted by Pritika Nagi / Pritika Nagi & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the company.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.32%

    Turnout: all 31.89% · promoters 99.99% · institutions 0.00% · other public 0.42%

  2. To appoint a director in place of Mr. Ashok Kalra (DIN:09024019), who retires by rotation and being eligible offers himself for re-appointment
    Ordinary
    99.94% for0.06% against

    Against: promoters 0.00% · institutions 0.00% · other public 6.84%

    Turnout: all 31.89% · promoters 99.99% · institutions 0.00% · other public 0.42%

  3. Appointment of Statutory Auditor to fill casual vacancy
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.44%

    Turnout: all 31.89% · promoters 99.99% · institutions 0.00% · other public 0.42%

  4. Appointment of M/s. Krishna & Associates, Chartered Accountant (FRN: 013169C) as the Statutory Auditor.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.59%

    Turnout: all 31.89% · promoters 99.99% · institutions 0.00% · other public 0.42%

  5. Appointment of Mr. Sanjay Choudhary (DIN-11224217) as Chairman cum Managing Director of the Company for a period of two (2) years w.e.f. August 19, 2025 to August 18, 2027.
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.67%

    Turnout: all 31.89% · promoters 99.99% · institutions 0.00% · other public 0.42%

  6. Appointment of Mrs. Ankita Bhargava (DIN: 10169819) as an Independent Director of the Company
    Special
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.61%

    Turnout: all 31.89% · promoters 99.99% · institutions 0.00% · other public 0.42%

  7. To appoint M/s. Abhishek J & Co., Company Secretaries as Secretarial Auditors of the company
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.45%

    Turnout: all 31.89% · promoters 99.99% · institutions 0.00% · other public 0.42%

  8. Fixation of the remuneration of the Cost Auditors of the company for the FY 2025-26.
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.48%

    Turnout: all 31.89% · promoters 99.99% · institutions 0.00% · other public 0.42%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 27 Sep 2024, 4 resolutions

Present: 1 promoter and 29 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the company and Report of the Board of Directors and the Auditors thereon.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.32%

    Turnout: all 50.00% · promoters 99.99% · institutions 0.00% · other public 0.40%

  2. To appoint a director in place of Mr. Manoj Kumar Jangir (DIN:08069170), who retires by rotation and being eligible offers himself for re-appointment
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.57%

    Turnout: all 49.99% · promoters 99.99% · institutions 0.00% · other public 0.39%

  3. Appointment of M/s. K A P G & Associates, Chartered Accountants, (Firm Registration No. 032569N) as the Statutory Auditors of the Company
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.75%

    Turnout: all 49.99% · promoters 99.99% · institutions 0.00% · other public 0.39%

  4. Fixation of the remuneration of the Cost Auditors of the company for the FY 2024-25
    Ordinary
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 3.94%

    Turnout: all 49.99% · promoters 99.99% · institutions 0.00% · other public 0.39%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 22 Sep 2023, 5 resolutions

Present: 2 promoters and 33 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the company and Report of the Board of Directors and the Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 86.81% · promoters 99.99% · institutions 0.00% · other public 50.73%

  2. To appoint a director in place of Mr. Ashok Kalra (DIN:09024019), who retires by rotation and being eligible offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 86.81% · promoters 99.99% · institutions 0.00% · other public 50.73%

  3. To ratify the appointment of Statutory Auditors of the Company for the Financial Year 2023-24 and fix their remuneration.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 86.81% · promoters 99.99% · institutions 0.00% · other public 50.73%

  4. Fixation of the remuneration of the Cost Auditors of the company for the FY 2023-2024.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 86.81% · promoters 99.99% · institutions 0.00% · other public 50.73%

  5. Re-appointment of Mr. Het Ram (DIN: 02925990) as Chairman cum Managing Director of the Company for a period of five (5) years w.e.f. August 1, 2023 to July 31, 2028.
    SpecialPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 13.57% · promoters 0.00% · institutions 0.00% · other public 50.73%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Postal ballot, 16 Jun 2023, 3 resolutions

The company's voting result (opens in a new tab)

  1. Regularize the appointment of Mr. Manoj Kumar Jangir (DIN: 08069170) as Executive Director who was appointed as the additional Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 90.75% · promoters 99.99% · institutions 0.00% · other public 65.46%

  2. Appointment of Mrs. Anjali (DIN: 10096292) as an Independent Director of the Company for a term of 5 (Five) years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 92.06% · promoters 99.99% · institutions 0.00% · other public 70.36%

  3. Approval of Material Related Party Transactions with Viraj Technology India Limited for the Financial Year 2023-24
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 18.83% · promoters 0.00% · institutions 0.00% · other public 70.36%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Extraordinary general meeting, 21 Nov 2022, 3 resolutions

Present: 2 promoters and 35 others.The company's voting result (opens in a new tab)

  1. Resolution 1 :SUB DIVISION OF EQ SHARES FROM THE FV OF RS 10/- PER SHARE TO RS.1/- PER SHARE.
    Ordinary
    0.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 0.00% · promoters 0.00% · institutions 0.00% · other public 0.00%

  2. Resolution 2 :ADOPTION OF MEMORANDUM OF ASSOCIATION AS PER COMPANIES ACT, 2013.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 86.32% · promoters 99.99% · institutions 0.00% · other public 48.96%

  3. Resolution 3 :ALTERATION OF THE CAPITAL CLAUSE IN THE MOA CONSEQUENT UPON SUB DIVISION.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 86.32% · promoters 99.99% · institutions 0.00% · other public 48.96%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Annual general meeting, 9 Sep 2022, 8 resolutions

Present: 8 promoters and 30 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements for the financial year ended on 31 March, 2022 and Report of the Board of Directors and the Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 89.69% · promoters 99.99% · institutions 0.00% · other public 61.58%

  2. To ratify the appointment of Statutory Auditors of the Company for the Financial Year 2022-2023 and fix their remuneration
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 89.69% · promoters 99.99% · institutions 0.00% · other public 61.58%

  3. To appoint a Director in place of Mr. Het ram (DIN: 02925990), who retires by rotation and being eligible offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 89.54% · promoters 99.99% · institutions 0.00% · other public 61.01%

  4. To consider and approve increase in Authorised Share Capital of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 89.69% · promoters 99.99% · institutions 0.00% · other public 61.58%

  5. To Consider and approve the Issue of Bonus Shares
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 89.69% · promoters 99.99% · institutions 0.00% · other public 61.58%

  6. To Regularise Appointment of Ms. Kavitarani (DIN 09302523) as Executive Director of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 89.69% · promoters 99.99% · institutions 0.00% · other public 61.58%

  7. To ratify the remuneration of the cost auditors for the financial year ending March 31, 2023
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 89.69% · promoters 99.99% · institutions 0.00% · other public 61.58%

  8. To approve the upward revision in the remuneration of Mr. Het Ram, Managing Director of the Company
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 89.69% · promoters 99.99% · institutions 0.00% · other public 61.58%

For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.

Fines and tax disputes

Reported in the filing for the quarter to Jun 2026.

  • Fine or penaltyGSTSince 3 Feb 2025

    Order under Section 74 and 122 of the CGST Act, 2017

    Excess Input Tax Credit (ITC) from various parties (Excess ITC - 911284572 Interest- 984187338 Penalty- 911284572)
  • Fine or penaltyIncome TaxSince 25 Mar 2026

    Assessment Order Section 143(3) of the IncomeTax Act, 1961

    108658574
  • Tax disputeDGGI Headquarter, Dwarka DelhiSince 14 Feb 2025
    Enquiry is under process.
    At the filing before: Search Proceedings at Company address situated at Plot No-344, Sector-3, Phase-II, IMT Bawal, Rewari, Haryana-123501 and Summons issued to the Management of the Company.
  • Tax disputeSGST, RewariSince 20 Mar 2025
    Enquiry is under process.
    At the filing before: Search Proceedings at Company address situated at Plot No-344, Sector-3, Phase-II, IMT Bawal, Rewari, Haryana-123501 and Summons issued to the Management of the Company.

In the company's own words, from its latest governance filing.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
The board is made up as the listing rules require
Yes
The board has a regular chairperson
Yes
The company has a risk management committee
No
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
Yes
The filing has a part on tax disputes
Yes
There was a cyber security incident in the quarter
No

The company's own answers in its filing.