Rasi Electrodes Limited has formally appointed Mr. S Hari Krishnan as its Secretarial Auditor for a tenure of five years. This appointment, effective from the conclusion of the 32nd Annual General Meeting (AGM) held on 28th September 2026, will cover the financial years 2026-2027 through 2030-2031. The resolution was passed by shareholders through electronic voting and subsequently ratified by the Board of Directors.
Multi-Year Secretarial Audit Appointment
Rasi Electrodes Limited has finalized the appointment of Mr. S Hari Krishnan as its Secretarial Auditor. This appointment is for a significant period of five years, commencing from the conclusion of the 32nd Annual General Meeting (AGM) held on 28th September 2026. The tenure will extend through the financial years 2026-2027 up to 2030-2031.
Shareholder and Board Approval
The appointment was initially proposed and approved by the shareholders of Rasi Electrodes Limited as an ordinary resolution during the 32nd AGM on 28th September 2026, utilizing electronic voting. Subsequently, the Board of Directors, in their meeting on 14th November 2026, took on record this ordinary resolution. The Board also authorized the Managing Director to issue the formal letter of appointment to the selected Secretarial Auditor.
Auditor Credentials and Role
Mr. S Hari Krishnan is a Practicing Company Secretary with Membership No. A29583, CP No. 13740, and Peer Reviewer No. 3100, based in Chennai. The company noted his extensive experience in providing advisory and compliance solutions in corporate laws, statutory, and secretarial matters. The appointment is made in compliance with Regulation 24 A of SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.
Remuneration and Scope
The proposed fees for the Secretarial Audit and Annual Secretarial Compliance Report have been fixed at ₹2 lakhs per annum, excluding certification and reimbursements. This fee is subject to mutual agreement between the Board of Directors and the Secretarial Auditor. The decision reflects the company’s commitment to robust corporate governance and adherence to statutory requirements.
Source: BSE
