Aastha Spintex Director Designation Change, Capital Increase

1. Change in Director Designation

The members approved a change in the designation of Mr. Utsav Himanshu Trivedi (DIN: 10185472). His designation was changed from Additional Director in the category of Non-Executive Independent Director to Director in the category of Non-Executive Independent Director. This change is effective from September 16, 2026, for a term of 5 years.

Director Profile: Mr. Trivedi is a Company Secretary and Law graduate with over 7 years of experience in corporate laws. He is currently serving as Company Secretary at Kody Technolab Limited.

Disclosure: The disclosure confirms that the appointing directors are not related to the Promoters or Promoter Group. Furthermore, they are not debarred from holding the office of a director pursuant to any Order of SEBI or any other authority, as per BSE circular no. LIST/COMP/14/2018-19 dated June 20, 2018. There are no disclosed relationships between directors.

2. Increase in Authorized Share Capital & MOA Alteration

The Board approved an increase in the company's Authorized Share Capital and a consequential alteration of the Memorandum of Association (MOA).

Current Capital: The present Authorised Share Capital is ₹45,00,00,000 (Rupees Forty-Five Crore) divided into 4,50,00,000 (Four Crore Fifty Lakh) Equity Shares of ₹10 each.

Issued Capital: The Issued, Subscribed and Paid-up Equity Share Capital as of March 31, 2026, is ₹3,164.22 Lakhs.

Approved Increase: The Authorised Share Capital will be increased to ₹100,00,00,000 (Rupees One Hundred Crore) divided into 10,00,00,000 (Ten Crore) Equity Shares of ₹10 each.

Rationale: The increase is to provide the company with adequate headroom for future capital-raising, corporate actions, and business growth.

MOA Alteration: This change necessitates the alteration of Clause V of the Memorandum of Association. The new clause will state: "V. The Authorised Share Capital of the Company is ₹100,00,00,000 (Rupees One Hundred Crore only) divided into 10,00,00,000 (Ten Crore) Equity Shares of ₹10/- (Rupees Ten only) each."