Date, Location, and Type of Meeting

The 6th Annual General Meeting was held on Tuesday, 29 September 2026, through Video Conferencing / Other Audio-Visual Means (VC/OAVM). The meeting commenced at 11:30 A.M. (IST) and concluded at 12:07 P.M. (IST) on the same day.

Summary of Proposed Resolutions

The following eight items of business, as set out in the meeting notice, were placed before members for consideration and approval through electronic voting:

Ordinary Business:

  • Item 1: To re-appoint the Statutory Auditor of the Company for the second term of five years.
  • Item 2: To appoint M/s. K. Dalal & Co., Peer Reviewed Company Secretaries in Practice, as the Secretarial Auditors of the Company.
  • Item 3: To ratify the remuneration payable to M/s. Vaghela Kishor & Co., Cost Accountants (Firm Registration No. 103811) for the financial year 2026-27.

Special Business:

  • Item 4: To approve the revision in remuneration of Mr. Mangilal Ambalal Borana, Chairman & Managing Director.
  • Item 5: To approve the revision in remuneration of Mr. Rajkumar Mangilal Borana, Executive Director and Chief Financial Officer.
  • Item 6: To approve the revision in remuneration of Mr. Ankur Mangilal Borana, Executive Director and Chief Executive Officer.

Voting Process and Methods Used

The Company provided two methods for voting:

1. Remote e-voting: Conducted through NSDL from 9:00 A.M. (IST) on 26 September 2026 to 5:00 P.M. (IST) on 28 September 2026.

2. Electronic voting at meeting: Members attending the meeting who had not already voted remotely and were otherwise eligible could vote through the electronic voting facility available during the meeting.

Members who had already voted through remote e-voting were not entitled to vote again at the meeting. The voting was conducted pursuant to the Companies Act, 2013 and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Voting Outcomes

The specific voting outcomes (total votes cast, percentage in favor/against, participation breakdown by shareholder category) were not declared in this document. The Scrutinizer's Report containing the detailed results was to be submitted to the stock exchanges and uploaded on the Company's website within two working days of the meeting's conclusion.

Scrutinizer's Role

M/s. K. Dalal & Co., Practising Company Secretaries, were appointed as Scrutinizer for the entire e-voting process. Their report would contain the findings and conclusions regarding the voting results.

Compliance Confirmation

The meeting was conducted in accordance with applicable circulars issued by the Ministry of Corporate Affairs regarding meetings through VC/OAVM. The voting process complied with the Companies Act, 2013 and SEBI LODR Regulations, 2015.

Names and Roles of Signatories

The disclosure was signed by:

  • Ishant Jain, Company Secretary & Compliance Officer (Membership No. A42601) of Borana Weaves Limited

Other Procedural Information

  • The meeting was chaired by Mr. Mangilal Ambalal Borana, Chairman and Managing Director.
  • All Directors were present at the meeting.
  • The requisite quorum was present.
  • Mr. Rajkumar Mangilal Borana, Executive Director and CFO, addressed members on the company's working and performance.
  • The company's scrip code is 544404 on BSE.