Pasari Spinning Mills Limited conducted its 35th Annual General Meeting (AGM) on Saturday, 19th September 2026 through Video Conference/Other Audio Visual Means. The meeting commenced at 11:00 AM IST and concluded at 11:22 AM IST, lasting 22 minutes.

Meeting Attendance

Directors Present:

  • Mr. Krishna Kumar Gupta - Executive Director, Managing Director
  • Mrs. Poonam Gupta - Non-Executive Non-Independent Director
  • Mr. Gauri Shankar Gupta - Non-Executive, Non-Independent Director (Chairman of the meeting)
  • Ms. Sheela Arvind - Non-Executive Independent Director
  • Mr. Byadarahally Lakshmaiah Pundareeka - Non-Executive Independent Director

In Attendance:

  • Ms. CS Unnti - Company Secretary & Compliance Officer
  • Mr. Rahinga Ram - Representative of M/s Rao & Emmar, Statutory Auditors

Absent:

  • Mr. Kolagunda Kumar Siddappa - Non-executive Director (Chairman of the Board)
  • Mr. Tarun Kumar Gupta - CFO

Meeting Proceedings

70 members attended the AGM through video conference, constituting the requisite quorum. Mr. Gauri Shankar Gupta chaired the meeting in the absence of Mr. Kolagunda Kumar Siddappa.

The Chairman welcomed members and briefed them on the company's performance and key developments during the financial year under review. The Company Secretary confirmed that the AGM notice and Annual Report for FY ended 31st March 2026 had been circulated electronically to members.

Voting Process

The company provided remote e-voting facility through NSDL platform from 14th September 2026 at 09:00 AM to 18th September 2026 at 05:00 PM. Members present at the virtual AGM who had not participated in remote e-voting could cast votes during the meeting, with the platform remaining open for 15 minutes after conclusion.

Mr. Vinay B L, Company Secretary in Practice, was appointed as scrutinizer to scrutinize the entire voting process.

Resolutions Approved

Three resolutions were put to vote:

1. Ordinary Resolution: To receive, consider and adopt the Audited Balance Sheet as at 31st March 2026, Profit & Loss Account, Cash Flow Statement, Board's Report and Auditors' Report

2. Ordinary Resolution: To appoint Mr. Kolagunda Kumar Siddappa as Director who retires by rotation and offers himself for re-appointment

3. Special Resolution: Re-Appointment of Mr. Byadarahally Lakshmaiah Pundareeka (DIN: 01415867) as Independent Director for a second term of five consecutive years

Conclusion

The Managing Director, Mr. Krishna Kumar Gupta, delivered a vote of thanks. The results of voting will be submitted to Bombay Stock Exchange within 48 hours of conclusion of the AGM and will be uploaded on the company's website (www.pasarispinning.com) and BSE website (www.bseindia.com).

The meeting was conducted in compliance with Companies Act, 2013, SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and circulars issued by Ministry of Corporate Affairs and SEBI.