Key Dates and Event Details
- The 16th AGM is scheduled to be held on Wednesday, 30th September 2026 at 11:00 a.m.
- The meeting will be held at the company's Registered Office at P. O. Box No. 22, Gundala Road, Gondal-360311, Dist. Rajkot, Gujarat, India.
- The Register of Members and Share Transfer Books will remain closed from Wednesday, 23rd September 2026 to Wednesday, 30th September 2026 (both days inclusive).
- The cut-off date for determining eligibility to vote is Friday, 25th September 2026.
E-Voting Information
Remote e-voting will be conducted through the NSDL platform:
- Commencement: Saturday, 26th September 2026 at 09:00 AM
- End: Tuesday, 29th September 2026 at 05:00 PM
- E-voting website: https://www.evoting.nsdl.com
Business to be Transacted
Ordinary Business
1. Adoption of Financial Statements: To consider and adopt the Standalone Audited Financial Statements for the year ended 31st March 2026 along with Reports of Board of Directors and Auditors.
2. Re-appointment of Director: To appoint Mrs. Bindiya Ketankumar Parvadiya (DIN: 08210285) as Non-Executive Non-Independent Director, who retires by rotation and offers herself for re-appointment.
Special Business
3. Appointment of Statutory Auditor: To appoint M/s. Finava & Associates, Chartered Accountants (Firm Registration No. 117362W) as Statutory Auditor:
- To fill casual vacancy arising from resignation of M/s. RPC & Co., Chartered Accountants (Firm Registration No. 127123W) effective 31st August 2026 until conclusion of this AGM
- Subsequent appointment for 5 consecutive years from conclusion of this AGM until conclusion of AGM in calendar year 2031
- Remuneration to be fixed by Board of Directors
4. Appointment of Managing Director: Special resolution to appoint Mr. Maganlal Shambhubhai Parvadiya (DIN: 03190749) as Managing Director:
- Effective from 31st August 2026 for 5 consecutive years
- Terms and conditions including remuneration as set out in Explanatory Statement
- Provision for minimum remuneration in absence of profits or inadequate profits
- Board authorized to alter terms within prescribed limits
5. Appointment of Whole-time Director: Special resolution to appoint Mr. Chandubhai Shambhubhai Parvadiya (DIN: 03197876) as Whole-time Director:
- Effective from 31st August 2026 for 5 consecutive years
- Terms and conditions including remuneration as set out in Explanatory Statement
- Provision for minimum remuneration in absence of profits or inadequate profits
- Board authorized to alter terms within prescribed limits
Director Information
| Name | DIN | Age | Role | Shareholding |
| Mrs. Bindiya Ketankumar Parvadiya | 08210285 | 40 years | Non-Executive Non-Independent Director | 2,67,200 shares (1.60%) |
| Mr. Maganlal Shambhubhai Parvadiya | 03190749 | 66 years | Proposed Managing Director | 35,37,190 shares (21.12%) |
| Mr. Chandubhai Shambhubhai Parvadiya | 03197876 | 59 years | Proposed Whole-time Director | 12,43,470 shares (7.42%) |
Additional Information
- The company's CIN is L17110GJ2011PLC063898
- Annual Report for FY 2025-26 available on company website: https://gujarathyspin.in/investor/annual-report
- Members can update email addresses for electronic communication
- Proxy forms must be deposited at Registered Office at least 48 hours before meeting
- Corporate members must send authorized representative documents to cs@gujarathyspin.in
Financial Impact
Financial impact not quantified in the disclosure for the director appointments and auditor change.