Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

A B Cotspin India Limited

Meeting Details

The 29th AGM was held on September 29, 2026, commencing at 12:00 PM and concluding at 12:14 PM. The meeting was conducted through Video Conferencing/Other Audio-Visual Means.

Total number of shareholders on record date: 1,867

Number of shareholders present in the meeting either in person or through proxy: Not Applicable

Number of shareholders attended through Video Conferencing: 22 (Promoters and Promoter Group: 6, Public: 16)

Voting Process and Methods

The e-voting period consisted of:

  • Remote e-Voting: September 26, 2026 (9:00 AM) to September 28, 2026 (5:00 PM)
  • E-voting at the AGM: September 29, 2026, 12:00 PM

The company appointed Central Depository Services India Limited (CDSL) as the agency for providing the remote e-voting and e-voting platform during the AGM.

Proposed Resolutions and Implications

Eight resolutions were proposed for shareholder approval:

1. Ordinary Resolution: To consider and adopt the audited standalone and consolidated financial statements for the financial year ended March 31, 2026 together with reports of the Board of Directors and Auditors

2. Ordinary Resolution: To re-appoint Mr. Ramesh Kumar (DIN: 07684009) as Non-Executive Director

3. Ordinary Resolution: Ratification of remuneration payable to M/s Jain Sharma and Associates, Cost Auditors, for FY 2026-27

4. Ordinary Resolution: Approval for material Related Party Transactions with AB Cotton Textiles Private Limited (Promoters interested: Yes)

5. Special Resolution: Approval of change of name of the Company and consequent alteration in Memorandum of Association and Articles of Association

6. Special Resolution: Approval to make investments, give loans, guarantees and security in excess of limits specified under section 186 of Companies Act, 2013

7. Special Resolution: Approval for creation of charge, mortgage, hypothecation on movable and immovable properties of the Company

8. Special Resolution: Approval of borrowing limits in terms of Section 180(1)(c) of Companies Act, 2013

Key Voting Outcomes

Overall Participation:

  • Total shares outstanding: 2,19,63,620
  • Total votes polled: 1,69,67,085 (77.25% of outstanding shares)

Resolution-wise Results:

Resolution 1 (Adoption of Financial Statements):

  • Total votes in favor: 1,69,67,083 (100% of votes polled)
  • Votes against: 2 (0.00% of votes polled)
  • Promoter & Promoter Group: 1,15,08,602 votes (99.82% participation, 100% in favor)
  • Public Non-Institutions: 54,58,483 votes (52.44% participation, 100% in favor)

Resolution 2 (Re-appointment of Director):

  • Total votes in favor: 1,69,67,083 (100% of votes polled)
  • Votes against: 2 (0.00% of votes polled)
  • Promoter & Promoter Group: 1,15,08,602 votes (99.82% participation, 100% in favor)
  • Public Non-Institutions: 54,58,483 votes (52.44% participation, 100% in favor)

Resolution 3 (Cost Auditor Remuneration):

  • Total votes in favor: 1,69,67,083 (100% of votes polled)
  • Votes against: 2 (0.00% of votes polled)
  • Promoter & Promoter Group: 1,15,08,602 votes (99.82% participation, 100% in favor)
  • Public Non-Institutions: 54,58,483 votes (52.44% participation, 100% in favor)

Resolution 4 (Related Party Transactions):

  • Total votes in favor: 54,58,481 (100% of votes polled)
  • Votes against: 2 (0.00% of votes polled)
  • Promoter & Promoter Group: 0 votes (0% participation - abstained due to interest)
  • Public Non-Institutions: 54,58,483 votes (52.44% participation, 100% in favor)

Resolution 5 (Change of Company Name):

  • Total votes in favor: 1,69,67,083 (100% of votes polled)
  • Votes against: 2 (0.00% of votes polled)
  • Promoter & Promoter Group: 1,15,08,602 votes (99.82% participation, 100% in favor)
  • Public Non-Institutions: 54,58,483 votes (52.44% participation, 100% in favor)

Resolution 6 (Investments/Loans/Guarantees):

  • Total votes in favor: 1,69,67,083 (100% of votes polled)
  • Votes against: 2 (0.00% of votes polled)
  • Promoter & Promoter Group: 1,15,08,602 votes (99.82% participation, 100% in favor)
  • Public Non-Institutions: 54,58,483 votes (52.44% participation, 100% in favor)

Resolution 7 (Creation of Charge/Mortgage):

  • Total votes in favor: 1,69,67,083 (100% of votes polled)
  • Votes against: 2 (0.00% of votes polled)
  • Promoter & Promoter Group: 1,15,08,602 votes (99.82% participation, 100% in favor)
  • Public Non-Institutions: 54,58,483 votes (52.44% participation, 100% in favor)

Resolution 8 (Borrowing Limits):

  • Total votes in favor: 1,69,67,083 (100% of votes polled)
  • Votes against: 2 (0.00% of votes polled)
  • Promoter & Promoter Group: 1,15,08,602 votes (99.82% participation, 100% in favor)
  • Public Non-Institutions: 54,58,483 votes (52.44% participation, 100% in favor)

Scrutinizer's Role and Findings

Deepak Gupta, partner of DR Associates, Company Secretaries, was appointed as the Scrutinizer for both remote e-voting and e-voting during the AGM. The scrutinizer ensured the voting process was conducted fairly and transparently.

The scrutinizer unlocked and downloaded the results of remote e-voting and e-voting at the AGM in the presence of two witnesses (non-employees of the Company) around 1:11 PM on September 29, 2026:

1. Davinderjeet Singh (Plot No.7, Teacher Vihar, Nilothi Extension, New Delhi-110041)

2. Ananya Priya (Plot no. C58/5, C Block, Phase 2, Industrial Area, Sector 62, Noida, 201309)

The consolidated scrutinizer's report confirmed all resolutions were approved with the requisite majority.

Compliance Confirmation

The disclosure confirms compliance with:

  • Regulation 44(3) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Section 108 of the Companies Act, 2013 read with Rule 20 of the Companies (Management and Administration) Rules, 2014

Additional Information

The voting results were uploaded on the company's website (www.abcotspin.co.in) and CDSL website (www.evotingindia.com).

Company Details:

  • Registered Address: Bathinda Road, Jaitu, Faridkot, Punjab-151202