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

Pashupati Cotspin Limited

Meeting Details

  • Date of Meeting: Wednesday, September 30, 2026
  • Location: Registered Office of the Company at Land Survey No. 919/1 & 919/2, Balasar, Kadi–Detroj Road, Kadi, Mahesana – 382715, Gujarat, India
  • Type of Meeting: 9th Annual General Meeting
  • Timing: Commenced at 4:00 PM IST and concluded at 4:45 PM IST
  • Record Date: Wednesday, September 23, 2026
  • Total Shareholders on Record Date: 2,234

Shareholder Participation

  • Shareholders present in person or through proxy: 19 total
  • Promoters and Promoter Group: 11
  • Public: 8
  • Video conferencing attendance: Not Applicable (N.A.)

Proposed Resolutions and Implications

The AGM considered 16 ordinary resolutions covering:

1. Adoption of standalone and consolidated audited financial statements for FY2025-26

2. Declaration of final dividend of ₹0.05 per equity share (5% on paid-up capital)

3. Re-appointment of Mr. Tushar Trivedi (DIN: 06438707) as director retiring by rotation

4. Ratification of remuneration of cost auditor

5. Appointment of M/s. Nisarg Sharma & Associates as secretarial auditor for five years

6-16. Approval of material related party transactions for FY2026-27 and FY2027-28 with various entities including R.V. Enterprise, PCI Cottex Export LLP, Pashupati Texspin Export LLP, and Pashupati Cotyarn LLP

Voting Process and Methods

  • Remote e-voting period: September 27, 2026 (9:00 AM) to September 29, 2026 (5:00 PM) through NSDL
  • Voting at AGM: Poll paper voting during the meeting
  • Scrutinizer: Mr. Nisarg Sharma of M/s. Nisarg Sharma & Associates, Practicing Company Secretaries
  • Electronic Voting Event Number: 142627

Key Voting Outcomes

Overall Participation:

  • Total shares outstanding: 157,840,000
  • Total votes cast: 103,925,619 (65.84% participation)
  • All votes cast were in favor of all resolutions (100% approval)
  • No votes were cast against any resolution
  • No invalid votes except in related party transactions where promoter votes were treated as invalid

Resolution-wise Breakdown:

Resolution 1 (Financial Statements Adoption):

  • Promoter & Promoter Group: 103,906,000 votes (99.75% of holdings)
  • Public Institutions: 2,290 votes (0.01% of holdings)
  • Public Non-Institutions: 17,329 votes (0.05% of holdings)
  • Total: 103,925,619 votes (100% in favor)

Resolution 2 (Dividend Declaration):

  • Same voting pattern as Resolution 1
  • Dividend: ₹0.05 per equity share (5% on face value of ₹1)

Resolution 3 (Director Re-appointment):

  • Same voting pattern as Resolution 1
  • Mr. Tushar Trivedi re-appointed

Resolution 4 (Cost Auditor Remuneration):

  • Same voting pattern as Resolution 1

Resolution 5 (Secretarial Auditor Appointment):

  • Same voting pattern as Resolution 1
  • M/s. Nisarg Sharma & Associates appointed for five years

Resolutions 6-16 (Related Party Transactions):

  • Promoter votes (103,906,000) treated as invalid per SEBI Regulation 23(4)
  • Only public shareholders voted: 19,619 votes (100% in favor)
  • Transactions approved with R.V. Enterprise, PCI Cottex Export LLP, Pashupati Texspin Export LLP, and Pashupati Cotyarn LLP for FY2026-27 and FY2027-28

Scrutinizer's Role and Findings

  • Mr. Nisarg Sharma was appointed as scrutinizer to scrutinize the e-voting process and voting by poll
  • The scrutinizer unblocked e-voting results in the presence of two independent witnesses (Ms. Prerna Jain and Ms. Sonia Sabanani)
  • Maintained electronic register as per Rule 20 of Companies (Management & Administration) Rules, 2014
  • Confirmed that all resolutions were passed with requisite majority
  • Reported no shares with differential voting rights in the company

Compliance Confirmation

The scrutinizer confirmed compliance with:

  • Companies Act, 2013
  • Companies (Management and Administration) Rules, 2014
  • SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
  • Regulation 23(4) of SEBI LODR for related party transactions

Additional Information

  • Public notice regarding e-voting was published in Financial Express (English and Gujarati) on September 9, 2026
  • AGM notice was available on company website (www.pashupaticotspin.com) and stock exchange websites
  • All related party transactions were classified as ordinary resolutions requiring shareholder approval
  • The company has a total paid-up equity share capital of 157,840,000 shares of ₹1 face value each