Meeting Details

The 13th Annual General Meeting will be held on Saturday, August 22, 2026, at 11:00 A.M. at the registered office of the company situated at Survey No. 100/1, Plot No.1, Haripar, Jamnagar, Gujarat, India - 361112.

Ordinary Business Items

1. Adoption of Audited Financial Statements

To receive, consider and adopt the audited financial statements for the financial year ended on 31st March, 2026, together with the Directors and Auditors Report through an Ordinary Resolution.

2. Reappointment of Director

To reappoint Mr. Pankaj Becharbhai Bhimani (DIN: 08818741) who retires by rotation and is eligible for reappointment as executive director of the company through an Ordinary Resolution. He was originally appointed on August 06, 2020.

Special Business Items

3. Material Related Party Transaction with Redeco Fibers Private Limited

Approval sought for material related party transactions with Redeco Fibers Private Limited for purchase/sale of raw materials and products up to a maximum aggregate value of ₹100 crore for financial year 2026-27 through an Ordinary Resolution.

Key Details:

  • Redeco Fibers is a related party where directors and their relatives have significant influence
  • Previous year transactions (2025-26): ₹7,03,79,895
  • Current year transactions (up to 30.06.2026): NIL
  • Value represents 47.27% of company's annual consolidated turnover
  • Transactions to be at arm's length basis in ordinary course of business

4. Material Related Party Transaction with Haripriya Spinning Mill Private Limited

Approval sought for material related party transactions with Haripriya Spinning Mill Private Limited for purchase/sale of raw materials and products up to a maximum aggregate value of ₹100 crore for financial year 2026-27 through an Ordinary Resolution.

Key Details:

  • Haripriya Spinning Mill is a related party where directors and their relatives have significant influence
  • Previous year transactions (2025-26): ₹6,20,32,463
  • Current year transactions (up to 30.06.2026): NIL
  • Value represents 47.27% of company's annual consolidated turnover and 32.61% of related party's turnover
  • Transactions to be at arm's length basis in ordinary course of business

5. Material Related Party Transaction with Murlidhar Worldtrade Private Limited

Approval sought for material related party transactions with Murlidhar Worldtrade Private Limited for purchase/sale of raw materials and products up to a maximum aggregate value of ₹100 crore for financial year 2026-27 through an Ordinary Resolution.

Key Details:

  • Murlidhar Worldtrade is a related party where directors and their relatives have significant influence
  • Previous year transactions (2025-26): ₹44,26,99,761
  • Current year transactions (up to 30.06.2026): ₹11,11,08,401
  • Value represents 47.27% of company's annual consolidated turnover and 210.28% of related party's turnover
  • Transactions to be at arm's length basis in ordinary course of business

6. Approval of Cost Auditor Remuneration

Approval sought for remuneration of M/s Manish Bhagvandas Analkat, Cost Auditor (Firm Registration No. 100261) at ₹40,000 plus applicable taxes and reimbursement of out-of-pocket expenses for conducting audit of cost records for FY 2026-27 through an Ordinary Resolution.

7. Reappointment of Independent Director

Reappointment of Mr. Rutvikkumar Prabhudas Bhensdadiya (DIN: 09306285) as an Independent Director (Non-Executive) for a second and final term of five consecutive years from 3rd September, 2026 to 2nd September, 2031 through a Special Resolution.

Director Details:

  • Age: 33 years, Qualification: B.E. Chemical
  • Currently holds no shares in the company
  • Attended 6 out of 6 Board Meetings during FY 2025-26
  • Receives sitting fees of ₹30,000
  • Not disqualified from being appointed as director

Voting Arrangements

  • Remote e-voting period: August 19, 2026 (09:00 A.M.) to August 21, 2026 (05:00 P.M.) through NSDL
  • Cut-off date for voting rights: August 17, 2026
  • Scrutinizer: M/s SCS and CO LLP, Practicing Company Secretary
  • Physical voting will also be available at the AGM venue

Important Notes

  • Promoters and Promoter Group will abstain from voting on related party transaction resolutions
  • All documents are available for inspection at registered office between 02:00 P.M. and 04:00 P.M. on working days
  • Annual Report 2025-26 available on company website: www.angelfibers.com
  • Register of Directors and Key Managerial Personnel will be available for inspection at AGM