Free Status After Repaying ₹96.01 Crore

Rajputana Stainless Limited has officially announced achieving complete debt-free status by repaying its entire debt portfolio of ₹96.01 crore. The company made this announcement through a press release issued under Regulation 30 of SEBI regulations, marking a significant financial milestone shortly after its recent stock market listing.

Official Debt Repayment Details

The comprehensive debt clearance was completed across all borrowing categories, demonstrating the company's commitment to its IPO roadmap:

Debt Category: Amount Repaid Status Term Loans: Multiple facilities Fully Repaid Working Capital Facilities: Fund-based limits Fully Repaid Unsecured Borrowings: Complete portfolio Fully Repaid Total Debt Repaid: ₹96.01 Crore 100% Cleared

Management Commentary and Strategic Vision

Commenting on this achievement, Chairman & Managing Director Shankarlal Deepchand Mehta stated that the successful debt repayment reflects the company's commitment to objectives outlined during the IPO. He emphasized that becoming debt-free soon after listing demonstrates disciplined capital allocation and strong execution capabilities.

The management highlighted that this strengthened financial position enables the company to accelerate growth, drive operational efficiencies, expand capacities, and capitalize on emerging opportunities while creating long-term value for stakeholders.

Enhanced Financial Flexibility

With zero outstanding debt, Rajputana Stainless Limited now operates with significantly improved financial metrics and enhanced capacity for future strategic initiatives. The debt-free status aligns with the stated utilization of IPO proceeds, reinforcing management credibility and commitment to delivering on its strategic roadmap.

The company's transition eliminates ongoing interest expenses and provides greater operational autonomy. This positions the manufacturer of stainless steel products to fund upcoming expansion plans, including the Stainless-Steel Seamless Pipes Unit, driven by a stronger balance sheet and improved credit profile.

Rajputana Stainless Limited has announced that its Board of Directors will convene on April 09, 2026, to review and approve the company's unaudited standalone financial results for the third quarter and nine months ended December 31, 2025. The meeting will be held at the company's registered office.

Regulatory Compliance and Meeting Details

The board meeting has been scheduled in compliance with Regulation 29 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company formally notified both major stock exchanges about this upcoming meeting through official communications dated April 01, 2026.

Meeting Details: Information Date: April 09, 2026 Day: Thursday Venue: Registered Office Primary Agenda: Q3FY26 Unaudited Financial Results Period Covered: Third quarter and nine months ended December 31, 2025

Stock Exchange Communications

Rajputana Stainless Limited has informed both BSE Limited and National Stock Exchange of India Limited about the scheduled board meeting. The company trades on BSE with script code 544731 and on NSE with the symbol RSL. Both exchanges have been provided with the company's ISIN number INE313L01016 for proper identification and record-keeping purposes.

Company Leadership

The official notice was signed by Richa Sanjeev Prashar, who serves as the Company Secretary and Compliance Officer for Rajputana Stainless Limited. The communication was digitally signed and bears the company's official seal, ensuring authenticity and regulatory compliance.

Corporate Information

Rajputana Stainless Limited operates under the Corporate Identification Number (CIN) U27109GJ1991PLC015331. The company maintains ISO 9001:2015 certification and TUV NORD certification, reflecting its commitment to quality management standards. The board meeting will also address other agenda items beyond the financial results approval, as indicated in the official notice to the stock exchanges.

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