Rathi Bars Limited announced key appointments following its 33rd Annual General Meeting held on September 17, 2026. Mr. Sachindra Jha has been appointed as a Non-Executive Independent Director for a term of five years, ending September 17, 2031. Additionally, Mr. Uddhav Rathi has been re-appointed as a Whole-time Director, continuing his role with the company.
Key Governance Changes at Rathi Bars Limited
Rathi Bars Limited has officially announced significant governance updates stemming from its 33rd Annual General Meeting (AGM), which convened on Thursday, September 17, 2026. The resolutions passed at the AGM include the appointment of a new Independent Director and the reappointment of an existing Whole-time Director.
Appointment of New Independent Director
In a notable development, Mr. Sachindra Jha has been appointed as a Non-Executive Independent Director. This appointment is effective from September 17, 2026, and he will hold office for an initial term of five consecutive years, concluding on September 17, 2031. Mr. Jha brings extensive experience in the steel industry, with over 20 years in manufacturing operations, quality management, and business development. His expertise is expected to provide valuable strategic guidance to the company’s management.
Reappointment of Whole-time Director
Following the standard procedure of retirement by rotation, Mr. Uddhav Rathi, a Whole-time Director, has been re-appointed to his position. Mr. Rathi retires by rotation and, being eligible, has offered himself for reappointment. His continued tenure is expected to maintain leadership stability and leverage his established contributions to the company’s growth and strategic vision in marketing and finance.
Director Profile Highlights
Mr. Sachindra Jha’s background includes a strong understanding of the steel manufacturing sector, focusing on operational efficiency and industry best practices. He has confirmed that he is not debarred from holding a director position by any statutory authority and has provided necessary declarations. Mr. Uddhav Rathi is noted as an exceptional leader within Rathi Steels Ltd and is the nephew of Mr. Anurag Rathi. There are no disclosed relationships between the directors and the management of the company, except for the familial connection between Mr. Uddhav Rathi and Mr. Anurag Rathi.
Source: BSE
