Aastha Spintex Limited has intimated the exchanges of a Board of Directors meeting scheduled for Thursday, July 23, 2026, at 11:00 A.M. IST at its Registered Office in Halvad, Gujarat. The meeting will also be accessible via video conference.

Agenda Items

The Board will deliberate on three specific agenda items, all subject to approval:

1. Bonus Issue of Equity Shares
  • The Board will evaluate the issuance of fully paid bonus shares to existing shareholders.
  • The proposed ratio is up to 1:1 (one new equity share for every one share held).
  • The issuance will be made by capitalizing free reserves.
  • No fresh funds are being raised through this proposal.
  • A formal record date, final ratio, and timeline will be announced only after the Board's decision.
2. Final Dividend for FY 2025-26
  • The Board will consider declaring a final dividend of up to 100% on the face value of the shares.
  • The face value is ₹10 per share, making the proposed dividend up to ₹10 per equity share.
  • The dividend will be paid from the company's reserved and surplus fund.
  • The declaration is subject to:
  • The availability of distributable profits under Section 123 of the Companies Act, 2013.
  • Compliance with SEBI (LODR) Regulations.
  • Other conditions as the Board may stipulate.
3. Forward Vertical Products
  • The Board will deliberate on a strategic proposal to introduce forward-integrated textile products.
  • The proposed products include Grey Fabric and other value-added fabric products.
  • These products will be launched under the Company's proprietary in-house brand.
  • This initiative is supported by the company's enhanced cotton yarn manufacturing capacity of 17,457 MT per annum, achieved following the Falcon acquisition.
  • The expansion is described as a natural progression of the company's integrated textile strategy, not a diversification into a new business.
  • The company aims to leverage its existing raw material, manufacturing expertise, and established textile ecosystem in Gujarat.
  • The stated objectives are to strengthen its presence across the textile value chain, move closer to the end customer, and enhance profitability and long-term growth.

Forward-Looking Statement

The document contains a disclaimer stating that the intimation includes forward-looking statements based on management's current expectations. These statements are subject to risks, uncertainties, and other factors that could cause actual outcomes to differ materially. The Board retains full discretion to approve, modify, or reject any agenda item.