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Incorporated in 2010, Rajnandini Metal Ltd in the business of manufacturing, trading, and dealing in high-grade Copper Continuous Casting Rods and copper wires
Rajnandini Metal has scheduled its 16th Annual General Meeting via virtual channels. Shareholders can now access the FY 2025-26 annual report and meeting notice digitally, with remote e-voting enabled to facilitate participation.
Rajnandini Metal's Board reviewed an exchange-levied fine of ~Rs 2.89 Lakh for delayed director appointment. The company attributed the delay to a director's health-related resignation and extensive search efforts. A new Chairman & MD, with 20+ years of metal industry experience, has since been appointed, and the fine paid.
Rajnandini Metal paid a Rs. 5,900 fine from the Stock Exchange for delayed compliance. The Board reviewed the matter, noting the payment, and assured adherence to regulations in the future.
Rajnandini Metal incurred a penalty from the NSE for delayed appointment of an Independent Woman Director, impacting its Board composition. The company was fined 0.05 Cr due to this non-compliance, with its waiver request for the specific issue rejected. The penalty has been duly paid. The Board of Directors has...
Rajnandini Metal has successfully reduced its outstanding bank loans by ₹58 crores, reflecting a solid strategy to optimize its financial position. The loan details are as follows: from YES Bank, the amount decreased from ₹47 crores to ₹26 crores; from Axis Bank, it reduced from ₹58 crores to ₹32 crores;...