Aastha Spintex Limited's board has approved the issuance of bonus equity shares in a ratio of 1:1, granting one new fully paid equity share for every one share held by existing shareholders. The decision was taken at the board meeting convened on July 23, 2026, at the company's Registered Office in Halvad, Gujarat. The meeting also considered proposals for a final dividend and the introduction of forward-integrated textile products, marking a significant step in the company's growth strategy.

Bonus Issue Approved

The Board has formally approved the issuance of fully paid bonus shares to existing shareholders in a ratio of 1:1. This proposal capitalises free reserves and does not involve raising fresh funds. The record date and timeline for the bonus issue will be announced separately following the Board's decision.

Dividend and Vertical Product Expansion

Alongside the bonus issue, the Board considered declaring a final dividend of up to 100% on the face value of ₹10 per share, amounting to up to ₹10 per equity share. The dividend declaration remains subject to the availability of distributable profits under Section 123 of the Companies Act, 2013, and compliance with SEBI (LODR) Regulations. The Board also deliberated on a strategic proposal to introduce forward-integrated textile products, including Grey Fabric and other value-added fabric products, under the company's proprietary in-house brand.

Key Decisions at a Glance

The following table summarises the key agenda items considered at the board meeting:

The proposed expansion into vertical products is supported by Aastha Spintex's enhanced cotton yarn manufacturing capacity of 17,457 MT per annum following the Falcon acquisition. The company aims to leverage its existing production capabilities for greater value addition and strengthen its presence across the textile value chain.

Aastha Spintex Limited has secured a cumulative order book worth approximately ₹76.78 Cr for the period from July 2026 to October 2026. This order pipeline, comprising 55 confirmed orders from over 10 active clients, represents approximately 21.8% of the Company’s FY2024-25 revenue. The orders, totaling approximately 26,45,858 KGS, provide strong near-term revenue visibility with the majority of deliveries concentrated in the July–September 2026 period.

Order Book Snapshot

The confirmed orders pertain to the Company's core product, Cotton Yarn (ring-spun and open-end varieties), manufactured at its facilities in Gujarat. The monthly breakdown of the order book is as follows:

Key Business Highlights

The order book is anchored by deep relationships with marquee clients, including 7 Seas Impex and Texpert India Private Limited, which have placed multiple repeat orders across all four months. This demonstrates sustained demand and strong client stickiness. Additionally, the Company onboarded Sharvay Agronics LLP as a new client in September 2026, reflecting growing market recognition.

The diversified client portfolio includes Elkins Tradelinks, Niva Export, Excelsior Corporation, ACME Yarns Private Limited, Rameshwar Udyog, JD Merchant, and Ankita Export. This strategy reduces concentration risk and provides multi-source revenue visibility.

Capacity Expansion and Integration

The ₹76.78 Cr order book directly reflects the successful integration of Falcon Textotube Private Limited. This acquisition expanded Aastha Spintex's installed spindle capacity from 7,700 MT to 17,457 MT, a 2.3x capacity increase. The enhanced manufacturing capability is enabling the Company to fulfill larger and more frequent orders from both existing and new clients.

This press release is issued pursuant to Regulation 30 and Regulation 52 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.