Pasari Spinning Mills Limited

Appointment Details

The Board of Directors of Pasari Spinning Mills Limited approved the appointment of Ms. Bhavna Agrawal as an Additional Director under the category of Non-Executive Independent Director with effect from October 29, 2026. The appointment was made upon the recommendation of the Nomination and Remuneration Committee and approved by resolution passed through circulation.

Term and Approval Requirements

Ms. Agrawal has been appointed for a period of 5 (Five) years. Her appointment shall be subject to the approval of shareholders at the next General Meeting of the Company or within three months from the date of her appointment (October 29, 2026), whichever is earlier. She shall not be liable to retire by rotation.

Professional Profile

Ms. Bhavna Agrawal is an Associate Member of the Institute of Company Secretaries of India (ICSI), holding Membership No. A66978, and qualified as a Company Secretary in 2019. She is a Company Secretary in Practice and holds a valid Certificate of Practice bearing No. 25119. She possesses professional expertise in corporate laws, statutory and regulatory compliances, corporate governance and secretarial matters. Her professional background provides understanding of the legal and regulatory framework governing companies and Board processes.

Director Relationships and Shareholding

Ms. Agrawal is not related to any Director on the Board of the Company. She holds NIL equity shares of the Company.

Regulatory Declarations

In her declaration dated 28th October, 2026, Ms. Agrawal confirmed:

  • Not debarred from holding office of director by any SEBI order or authority
  • Not related to any Director, Key Managerial Personnel or promoter of the Company
  • Does not serve as independent director in more than seven listed entities
  • Not a whole-time director or managing director in any listed entity
  • Not a director in more than twenty companies (not more than ten public companies)
  • Not a member of more than ten committees or chairperson of more than five committees across all listed entities
  • Has not been convicted of any offence or subject to any disqualifying order
  • Undertakes to comply with SEBI (Prohibition of Insider Trading) Regulations, 2015 and company's Code of Conduct
  • Will furnish initial disclosure within seven days of appointment
  • Will inform the Company of any change in particulars promptly

Compliance Status

The appointment has been made in terms of applicable provisions of Companies Act, 2013 and Listing Regulations. All required details under Regulation 30 of Listing Regulations read with applicable SEBI Circular(s) have been provided.