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Rasi Electrodes Ltd

NSE: BSE: 531233

₹11.36

(-0.09%)

Wed, 25 Mar 2026, 04:35 pm

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Company History

1994

  • The Company was incorporated as a private limited company on March 8.
  • The Company was converted into a public limited company on November 12.

1995

  • The Company commenced commercial production of welding electrodes in January.

2005

  • Rasi Electrodes commenced trading in new product, CCMS Welding Wires.
  • Rasi Electrodes secured an export order worth Rs 7.5 mn from TII, Singapore.
  • The Company appointed Mr. B Popatlal Kothari as Chairman and Managing Director.

2006

  • The Company recommended a dividend of 5% on the paid-up value of the equity shares.

2007

  • The Company issued Bonus Shares in the Ratio of 2:5.
  • The Company recommended a dividend of 5% on the paid-up value of the equity shares.

2008

  • The Company recommended a dividend of 5% for the year.

2009

  • The Company recommended a dividend of Re. 0.40 per Rs 10 equity shares.

2010

  • The Company recommended a dividend of Re. 0.50 per equity shares of Rs. 10 each, which is 5%.

2011

  • The Company recommended a dividend of Re. 0.50 per equity shares.

2012

  • The Company recommended a dividend of Re. 0.50 per equity shares.

2013

  • The company recommended a dividend of Re. 0.50 per share, which is 5% on the paid-up value.

2014

  • Rasi Electrodes increased the capacity of manufacturing Copper Coated Mild Steel Welding Wire from 1500 mts to 5400 mts in a phased manner.

2015

  • Rasi Electrodes Ltd has approved list of BHEL, as supplier for E7018 type electrodes.
  • Rasi Electrodes diversifies into development of wire drawing business for various industrial applications.
  • Rasi Electrodes Ltd has split its face value of shares from Rs. 10 to Rs. 2.

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Pocketful Fintech Capital Private Limited (CIN U65999DL2021PTC390548) | The SEBI Registration No. allotted to us is INZ000313732. NSE Member Code: 90326 | BSE Member Code: 6808 | MCX Member Code: 57120 DP | CDSL: 12099800