Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015

Meeting Details

  • Date: Wednesday, 30th September 2026
  • Time: 4:00 P.M. IST
  • Location: Registered office of the company at Land Survey No. 919/1, 919/2, Balasar, Kadi Detroj Road, Kadi, Mahesana – 382715, Gujarat, India
  • Type: Annual General Meeting

Summary of Proposed Resolutions

Ordinary Business:

1. Item 1: To receive, consider and adopt:

  • The Standalone audited Financial Statement for FY ended March 31, 2026, with reports of Board of Directors and Auditors
  • The Consolidated audited Financial Statement for FY ended March 31, 2026, with reports of Board of Directors and Auditors

2. Item 2: To declare a Final Dividend of ₹0.05 (Five Paisa only) per equity share (5% on paid-up equity share capital) for FY ended March 31, 2026

3. Item 3: To appoint Mr. Tushar Trivedi (DIN: 06438707) who retires by rotation and offers himself for re-appointment

Special Business:

4. Item 4: To ratify remuneration of ₹45,000 plus applicable taxes and expenses payable to M/s Ashish Bhavsar & Associates, Cost Auditors for FY ending March 31, 2027

5. Item 5: To appoint M/s Nisarg Sharma & Associates, Company Secretaries (C.P. No.: 17088) as Secretarial Auditor for a five-year term from FY 2026-27 to FY 2030-31

6. Items 6-16: To approve material related party transactions with various entities:

  • Item 6: With R.V. Enterprise for FY 2026-27 (new limit: ₹400 Cr for each transaction)
  • Item 7: With PCI Cottex Export LLP (formerly Pashupati Cottex Export LLP) for FY 2026-27 (₹200 Cr limit)
  • Item 8: With Pashupati Texspin Export LLP for FY 2026-27 (₹50 Cr limit)
  • Item 9: Between subsidiary Pashupati Cotyarn LLP and PCI Cottex Export LLP for FY 2026-27 (₹200 Cr limit)
  • Item 10: With Pashupati Cotyarn LLP for FY 2027-28 (₹200 Cr limit)
  • Item 11: With Pashupati Texspin Export LLP for FY 2027-28 (Sale: ₹200 Cr, Purchase: ₹50 Cr)
  • Item 12: With R.V. Enterprise for FY 2027-28 (₹400 Cr limit)
  • Item 13: With Pashupati Cotton Industries for FY 2027-28 (₹150 Cr limit)
  • Item 14: With PCI Cottex Export LLP for FY 2027-28 (₹200 Cr limit)
  • Item 15: Between subsidiary Pashupati Cotyarn LLP and PCI Cottex Export LLP for FY 2027-28 (₹200 Cr limit)
  • Item 16: Between subsidiary Pashupati Cotyarn LLP and Pashupati Texspin Export LLP for FY 2027-28 (₹100 Cr limit)

Voting Process and Methods

  • Remote e-voting facility: Provided through National Securities Depository Limited (NSDL)
  • Voting period: From 09:00 AM IST on Sunday, 27th September 2026 to 05:00 PM IST on Tuesday, 29th September 2026
  • Cut-off date: Wednesday, 23rd September 2026 for determining voting eligibility
  • Physical voting: Ballot/polling paper facility available at AGM for members who haven't voted remotely
  • Scrutinizer: CS Nisarg Sharma, proprietor of M/s Nisarg Sharma & Associates appointed to conduct voting process

Key Voting Information

  • Members holding shares in demat mode can vote through their demat accounts
  • Members holding physical shares need to follow specific procedures for e-voting registration
  • Institutional members must submit Board Resolutions/Authority Letters
  • Members who vote remotely cannot vote again at the AGM
  • Results will be declared within two working days after AGM conclusion

Compliance with Laws and Regulations

The notice confirms compliance with:

  • Regulation 34(1) and 36(1)(b) of SEBI Listing Regulations for dispatch of notice
  • Section 102 of Companies Act, 2013 for explanatory statement
  • Section 108 of Companies Act, 2013 for remote e-voting
  • Section 148(3) of Companies Act, 2013 for cost auditor remuneration ratification
  • Regulation 23 of SEBI Listing Regulations for related party transactions
  • Regulation 24A of SEBI Listing Regulations for secretarial auditor appointment

Additional Information

  • Book closure: From Thursday, 24th September 2026 to Wednesday, 30th September 2026 (both days inclusive)
  • Dividend payment: Subject to approval, will be paid to members on record date
  • Documents available: Register of Members, Share Transfer Books, and other statutory registers available for inspection
  • Contact details: Provided for company, RTA (MUFG Intime India Private Limited), e-voting agency (NSDL), and scrutinizer
  • Explanatory statement: Includes detailed annexures (A-D) with comprehensive information on proposed related party transactions

The notice contains extensive procedural information for shareholders regarding voting methods, registration requirements, and participation details for the AGM.