Rasi Electrodes Ltd — Updates, 30-05-2025: Company Update

''iiRE

orst EtECTBoDEs rrD.,

.36S1

Ref:REU02,U2O2S-26

May 30, 2025

To,

Department of Corporate Sorvices

THE STOCI( EXCHANGE,MUMBAI,

PHIROZE JEEJEEBHOY TOWERS

DALAL STREET

MUMBAI40OOOl

\SCR|P CODE: 5312931\

Doar Sir,

Sub:: Annual Secretarial ComDliar

the year ended or"t lrta."t .zozl"esport lssuod by a Practicing company-secrotary for

negJtations, ziis.

-' "qiviirlv'c' as Per roquiremenk of

Rog.24A or-sear licioij

We are sending herewith Annual Se(

lus{":iihii:i"Jilx"ii:i,ii:f^:sry,,?:15":"T,ffi:XiJ :,'fl"J::1ii ".?,5ELI

We request you to take the above on record and acknowledge.

This lefler and the annexures are being ftled through the

online listing portal atwww tistino.bseindia.com th.ough the

User tD i;uJf" rn" 6"l"p""vl ",,,,,," ",

Thanking you,

Your6 faithfu y,

6)

fo. RAtl ELRCTRoDES LtMtTEo,

KOTHARI

OIN;000594t68

Manufacture & Marketing of All Grade Welding Electrodes , Co, Welding Wjre, and Drawn Wire Etc.

Regd. ofi : 21, RaJa anmm6lal Ro.d, Fltt llo. Afll, tull,s apprftnonr,3ftt Ftoo., cheonrt . 600 oozt, ph : +9.t-4rt-2642a523 / 788,1 EmsI : tnto@ra.t6teclod.r.convllil

ut I *rrwra5l.l6ctod.!.con, F.ctory : uppanpahyad ylllag6, Ar.marht Po.! Redntlk, chemal . 52. 9361023215 / 9N8436t566

CIN : L52S99TN1994PLCO2698O, Customer Carc : +91444-26401822

----------------Page (0) Break----------------

r0$r

To,

The Board of Directors

RASI ELECTRODES LIMITED

CIN: 152599TN1994pt-C02698o

lr:,""'Tl|\liffi f,TRrMENrs' FtAr A-14,

PURASAWAI.l(AM,

cHENNAt_500084

Dear Sirs,

Annual Secretarial Compliancertise

Slgnature

Name

Membership No.

UDIN

Place

ill:f#, se.retariat Comptiance Report for the Financiat year

ended 31sr

I have been engaSed by RAS|

ELECTI

;r X+f r*l*[n*+*1i..,.

*:*i{if

rn*;t

m u xj:ll :i;: :*l#t";;/j[lff ,!.,x lnl*:r;11ii;j

secretariar compriani-J^;;ffi;:#i::",1"'JIlXji;", ,i:lf"toh issue the Annuar

It is the responsibility of the manasem

proper systems to e;:;;;;ffi.,";'1.::::r-:h: lomp:nv to maintain records, devise

and circutars/ guideti"", ilJ;;";; l]tl provisions of allapplicable sEBr Regutations

svstems are ad-equate ";r;;";*.ui,+ ff:Ji,orl;rt''u to

,'r"

"nd

to ensure that the

Iyorrl:il:1.l?11:J:,*#'*r:,Hi:']:es bv.the companv with provisions or a,

time and issue a re"poa,;;;;;. '"'-'drs/ Suidelines issued there under from time to

ll: i:dit was conducted in accordance with

Guicompliance. Report issued by the

lnstitute of Com

m-anner which- involved such examinations

andand adequate for

the said purpose.

A.M. GOPIKRISHNAN B.com.. Fcr,lA Fcs n4ca

COMPANY SECRETARY (in Wholetime Practice)

Phone. 044 - 267 12781, 92a21 4237 O

E-mail i gopikrishnan am@yahoo.com

ce Note on Annual Secretarial

Secretaries of lndia and in a

ons as considered necessary

FCS-2276

F002276G00031

CHENNAI

MADANAGOPAI.

P.No.2057

3otH tvtAy 2025

rR

\t'x

(d

'sRl DURGA PEARL" Ftar S-3, NevPl€t l4J6td No. 151, Sakthivinayagar Koit street,

First Main Road, Sakthivel Naqar, Chennai - 600 082.

----------------Page (1) Break----------------

SECRETARIAL COMPTIANCE REPORT OF

M/5. RASI ELEcTRoDEs LIMITED

FOR THE FINANCIAL YEAR ENDED 315T MARCH 2025

Ipursuant to Reg!tation 24A ofSEB| (LODRI Regularions, 2o1sl

I,GOPIKRISHNAN MADANAGOPA|", practicing Company Secretary, have

examined:

l0Ql A.M. GOPIKRISHNAN B com FcMA . r( s irLalUUl

cotuparuy sEcRETARy (in whoterime practice)

Phone : O44 - 267 127 81, 92A21 4237 O

E'mail : gopikrishnan._am@yahoo.com

available to me and explanation

LIMITED {"the listed entity,,)[CtN:

listed entity to BSE L|M|TED Ithe

shares are listedl[Scrip Code:

(a) all the documents and records made

provided by M/s RAS| ELECTRODES

152599TN1 994PLC0269801,

(b) the f;lings/ submissions made by the

stock exchange where its Equity

531233lltStN: tNE822DO1O21l,

website of the listed entity (www.rasielectrodes.com),

any other document/ filing, as may be relevant, which has been relied

upon to make this report,

forlhe year ended 3ttt fuARCH 2ozs l"Review period,,) in respect of compliance

with the provisions of : ,

(a) the Securities and Exchange Board of tndia Act, 1992(,SEB| Act,,) and the

Regulations, circulars, guidelines issued there under; and

(b) the Securities Contracts (Regulation) Act, 1956 (,,SCRA,,),rules made

thereunder and the Regulations, circulars, guidelines issued thereunder

by the Securities and Exchange Board of tndia (,,SEBt,,);

The specific Regulations, whose provisions and the circulars/guidelines issued

thereunder, have been examined, include!

(a) Securities and Exchange Board of tndia (Listing Obligations and Disclosure

Requirements) Regulations,2Ol5j

(b) Securities and Exchange Board of tndia (tssue of Capital & Disclosure

Requirements) Re8ulations,2ol8 - Not applicable as there were no

reportable events during the financialyear under review;

(c) Securities and Exchange Board of tndia (Substantial Acquisition of Shares

and Takeovers) Regulations, 2011;

(c)

{d)

r'%

'SRl DURGA PEARL,, Ftat S-3, Newqc8gfig8d No. 151, Sakthivinayagar Koitstreer,

First Main Road, Sakthivel Nagar, Chennai _ 600 082.

----------------Page (2) Break----------------

(d) Securities and Exchange Board of lndia (Buyback of Securities)

Regllations,2o18 - Not applicable as there were no reponable events

during the financialyear under review;

(e) Securities and Exchange Board of lndia (Share Based Employee Benefits &

Sweat Equity) Regulations,2O2l, as applicable _Not applicable as there

were no reportable events during the ,inancial year under review;

(f) Securities and Exchange Board of lndia (tssue and tisting of

Non-Convertible

Securities) Regulations,2021 - Not appli.able as t-h"." llrr..u

no reportable events during the financialyear under review;

(g) Securities and Exchange Board of tndia (prohibition of lnsider Trading)

Regulations, 201S;

(h) Securities and Exchange Board of tndia (Depositories & panicipants)

Regulations, 2018;

(i) Securities and Exchange Board of lndia (Registrars to an

lssue and Share

Transfer Agents) Regulations, 1993;

and circulars/ guidelines issued thereunder;

And based on the above

Period:

eiamination, I hereby report that, during the Review

(a). The Listed Entity has complied with the provisions of the above Regulations

and Cjrculars / Guidelines issued thereunder, except in respect of matters

specified in Annexure A attached. IDETATLS PROVIDED lN ANNEXURE A

ENCTOSEDI

(b),The tisted Entity has taken the actions to comply with the observations made

in previous reports as mentioned in Annexure B attached. [DETAItS PROVIDED

IN ANNEXURE B ENCTOSED]

l. I hereby report that, during the review period the compliance status of the

listed entity with the following requirements:

Sr.

No.

ParticularsCompliance Status

(Yes/No/NAl

Observatlons/

Remarks by Practicing

Company Secretary*

1.Se€retarial Standards:

The compliances of the

listed entity are in

accordance with the

applicable Secretarial

Standards (SS) issued by

the lnstitute of Company

Secretarjes of lndia (lCSl),

Yes

As perthe

information and

explanation furnished

to me and records

verified by me, the

Company has

complied with the

applicable regulations

and standards

without materially

z6?lKRii:N.",.-'..--<+

Page 2 of 7

----------------Page (3) Break----------------

devjating from them.Adoption and

timett

updation of the policiesl.

All applicable policies

under SEBI Regulations

are adopted with the

approval of board of

dlrectors of the listed

entitles.

All the policies are in

conformity with SEBt

Regulations and havebeen

reviewed &

updated on time, as

regulations/circulars/B

tuidelines issued by SEBIMaintenance

and

disclosures on Websitei.

The Listed entity is

maintaining

a

functionalwebsite.

Timely dissemination

of the documents/

information under a

separate section on the

website.

WebJinks provided in

governance reports

under Regulation 27(2)are

accurate and

specifi c which redirectsto the

relevant

document(s)/ section

ofthe website

Disqualification of

Director:

None of the Director(s) of

the listed entity is/are

disqualified under Section

164 of Companies Act,

2013 as confirmed by the

Subsidiaries of lided entities

have been examined w.r.t.:

?r(ns

II NNAI

[rurr[{

Page 3 of7

Details related

----------------Page (4) Break----------------

(a) ldentification of material

subsidiary companies

(b) Disclosure requirement

of material as well as

other subsidlaries

NA

NA

The Company does

not have any

subsidiaries

Preservation of Documents:The

listed entity

is

preserving and maintaining

records as prescribed underSEBI

Regulations and

disposal of records as per

Policy of preservation of

Documents and Archival

policy prescribed under SEBt

l-ODR Regulations, 2015.

Performance Evaluation:

The listed entity has

conducted performance

evaluation of the Board,

lndependent Directors and

the Committees at the

start of every financial

yea during the financial

year as prescribed in SEBI

Regulations.

As perthe Minutes

maintained by the

Company, the

performance

evaluation has been

conducted every year

as on the date of

Board Meeting held

to consider the 3rd

Quarterly Financial

Results during

Februarv 2025

Related Party Transactions:

(a) The listed entity has

obtained prior approval

of Audit Committee forall

related party

transadions; or

{b) ln case no prior approval

obtained, the listed

entity shall provide

detailed reasons alongwith

confirmation

whether the transactionswere

subsequently

approved/ratified/

rejected by the Audit

Committee,Pqa

/a"

Disclosure of events or

lnformation:

The listed entity has

ided all the

PaEe 4 of 7

----------------Page (5) Break----------------

disclosure(s) under

ReSulation 30 along with

Schedule lll of SEB| LODR

Regulations, 2015 within

the time limits prescribed

thereunder

Prohibition of lnsider

Trading:

The listed entity is in

compliance with

Resulation 3(s) & 3(O) sEBt

(Prohibition of tnsider

Trading) Regulations, 2015.

As per the

information and

explanation furnished

to me and as per

records available, the

Company malntains

data base relating to

access persons and

other designated

insiders for sharing

lnformatlon relating

to uPst. The

Promoters and other

lnsiders have not

bought, sold or

otherwlse transacted

or encumbered their

shares during the

year ended 31.3,2025

Actions taken by SEBI or

Stock Exchange(s), if anyl

No action{s) has been

taken against the listed

entity/ its promoters/

directors/subsidiaries

either by SEBI or by Stock

Exchanges (including underthe

Standard Operating

Procedures issued by SEBI

through various circulars)

under SEBI Regulations and

circulars/ guidelines issued

thereunder (or)

The actions taken against

the listed entitv / its

During the year

One Instance of

Action taken has

been observed

During the year

The Stock Exchange

BSE Ltd has levied

penalty under

Regulation 34 of

LODR which was

contested bythe

Company and

appealed against

citlng valld grounds.

Further details are

provided in

Annexure- A

enclosed.

The Stock Exchange

BSE Ltd has levied

6?l(n/.r-X

^'.,

Page 5 of7

----------------Page (6) Break----------------

promoters / djrectors /

subsdiaries either by SEBI

or by Stock Excgabges are

specified in the last

column.

One lnstance of

Action taken has

been observe

penalty under

Regulation 34 of

LODR which was

contested by the

Company and

appealed against

citing valid grounds.

Further details are

provided in

Annexure- A

enclosed.

Resignation of statutory

auditors from the sted

entity or its materlal

subsidiaries;

ln case of resignation of

statutory auditor from the

listed entity or any of its

during the financial year,

the listed entity and /or its

material subsidiarles has /have

complied with

paragrapgh 6,1 and 6.2 of

section V-D of chapter V of

the Master Circular on

compliance with the

provisions of the LODR

Regulations by the listed

entlties.

During the year ender

review the Statutory

Auditors have not

resigned

Additional Non-

compliances, if any:

No additional non-

compliance observed fo.any

SEBI regulation/

circular/guidance note

etc., except as reported

above.

-0?l(Bis-N

',...-.--<,4/

'b/dI]INNAI

,tro rfr

,

We further report that the listed entity is in compliance / not in compliance with d

requirements of Employee Benefit Scheme Documents in terms of regulation 46(Z)lza) ol

Page 6 of 7

NA

72

Yes

----------------Page (7) Break----------------

LODR Regulations. [NOT AppLtCABtE STNCE THE t-tSTED ENTtTy DOES NOT HAVE ANy

APPROVED EMPLOYEE BENEIIT SCHEME APPROVED FOR IMPLEMENTATION.J

Assumptions & Limitation ofscope and review:

1 Compliance of the applicable laws and ensurlng the authenticity of documents

and information furnished, are the responsibilities;f the m"nrgu."n, oi iiu tiraua

entity.

2.My responsibility is to report based upon my examination of relevant documents

and information. This is neither an audit nor an expression of opinion.

3. I have not verified the correctness and appropriateness of financial Records and

Books ofAccounts ofthe listed entity.

4. This Report is solely for the intended purpose of compliance in terms of

Regulation 24A (2) of the SEBI (Listing Obligations and Disclosure Requirements)

Regulations, 2015 and is neither an assurance as

entity nor of the efficacy or effectiveness w

conducted the affairs ofthe listed entity.

future viability of the listed

ich the management has

Signature

Name

Membership No.

lCSl Unique Code

Peer Review Cert ,

UDIN

PIace

Date

MADANAGOPALP.No,:

2051

F002276c000503031

CHENNAI

3oth MAy 2025

IKRIS

FCS-2276

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