Rathi Bars MD, chairman, board of directors and AGM
BSE: 532918Industrial ProductsSmall Cap
Share price at the BSE close on 23 Oct 2026. Previous close ₹15.62.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹24 Cr3,626th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Earlier quarters restated in the year
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet. The filing of 28 May 2026
- 0.3
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 12 Aug 2026
- −14.0%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026. The filing of 28 May 2026
- 1.01
- Volume, BSEVolume. Shares traded on the last trading day.
- 1,839
Rathi Bars board of directors
At the end of the quarter to Sep 2026, as the company filed it; changes since are in its announcements.Their trades in its shares
- Chairperson and managing directorANURAG RATHIRelated to the promoter
- Company Secretary and Compliance OfficerDiwakar Soni
6 directors3 independent2 executive1 non-executive
- ANURAG RATHI · Chairperson and managing directorExecutive · joined Oct 2015 · reappointed Jan 2026 · 1 listed board
- UDDHAV RATHIExecutive · joined Feb 2014 · reappointed Jan 2026 · 1 listed board · 2 committee seats
- SHIKHA CHAKARABORTYIndependent · joined Oct 2018 · reappointed Aug 2023 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
- RAJENDRA PRASADIndependent · joined May 2023 · 60 months as independent · 1 listed board · 1 as independent
- HUKUM SINGHNon-executive · joined Oct 2024 · 1 listed board
- SACHINDRA JHAIndependent · joined Sep 2026 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
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.
2 directors who left
- SONALI V CHITALKAR, left 28 Sep 2026: Tenure Completion
- CHANDER MOHAN, left 25 Oct 2024: Others
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 25 Sep 20266 of 7 present3 independent · 17 days in between
- 7 Sep 20264 of 6 present1 independent · 2 days in between
- 4 Sep 20265 of 6 present2 independent · 8 days in between
- 26 Aug 20266 of 6 present3 independent · 13 days in between
3 earlier meetings
- 12 Aug 20266 of 6 present3 independent · 75 days in between
- 28 May 20265 of 6 present3 independent · 47 days in between
- 10 Apr 20265 of 6 present2 independent
Audit Committee
Chair SACHINDRA JHA
SHIKHA CHAKARABORTY, UDDHAV RATHI
- 4 Sep 20263 of 3 present2 independent · 8 days in between
- 26 Aug 20263 of 3 present2 independent · 13 days in between
- 12 Aug 20263 of 3 present2 independent · 75 days in between
- 28 May 20263 of 3 present2 independent · 47 days in between
1 earlier meeting
- 10 Apr 20263 of 3 present2 independent
Nomination and remuneration committee
Chair SHIKHA CHAKARABORTY
RAJENDRA PRASAD, SACHINDRA JHA
- 25 Sep 20262 of 3 present2 independent · 20 days in between
- 26 Aug 20263 of 3 present3 independent
- 10 Apr 20263 of 3 present3 independent
Stakeholders Relationship Committee
Chair SHIKHA CHAKARABORTY
UDDHAV RATHI, SACHINDRA JHA
No meeting listed in the filing.
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.
- MASAR & Co.Peer-review certificate valid to Apr 2029
1 earlier auditor
- MASAR & CO., CHARTED ACCOUNTANTSNamed in the filing for the quarter to Mar 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.
Rathi Bars 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.Rathi Bars share news and announcements
Annual general meeting, 17 Sep 2026
8,812 shareholders on the register on 10 Sep 2026; present: 9 promoters and 55 others; votes counted by DEVESH MAHESHWARI / PWR ASSOCIATES.The company's voting result (opens in a new tab)
To receive, consider and adopt the Audited Standalone Financial Statements of the Company for the financial year ended 31st March, 2026 together with the Reports of the Board of Directors and Auditors thereon.MoreLess
Ordinary100.00% for0.00% againstAgainst: promoters 0.00% · institutions 0.00% · other public 13.64%
Turnout: all 64.02% · promoters 100.00% · institutions 0.00% · other public 0.02%
- To re-appoint Mr. Uddhav Rathi (DIN: 06604905), Whole-time Director as Director, who retires by rotation, and being eligible, offers himself for reappointment.OrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 13.64%
Turnout: all 64.02% · promoters 100.00% · institutions 0.00% · other public 0.02%
- Appointment of Mr. Sachindra Jha as a non-executive independent directorSpecial100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 13.64%
Turnout: all 64.02% · promoters 100.00% · institutions 0.00% · other public 0.02%
- Ratification of remuneration of cost auditorsOrdinary100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 13.64%
Turnout: all 64.02% · promoters 100.00% · institutions 0.00% · other public 0.02%
- Material related party transactions with Rathi Special Steels LimitedOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 13.64%
Turnout: all 64.02% · promoters 100.00% · institutions 0.00% · other public 0.02%
- Material related party transactions with Bhiwadi Iron Private LimitedOrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · institutions 0.00% · other public 13.64%
Turnout: all 64.02% · promoters 100.00% · institutions 0.00% · other public 0.02%
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.
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
- 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
- No
- The filing has a part on tax disputes
- No
- There was a cyber security incident in the quarter
- No
The company's own answers in its filing.