AB Cotspin India Ltd has closed the trading window for dealing in its securities for all Designated Persons effective October 1, 2026. The closure remains in force until the expiry of 48 hours after the company declares its unaudited financial results for the quarter and half year ended September 30, 2026.

Regulatory compliance and restrictions

The decision was taken pursuant to the company's Code of Conduct for Prevention of Insider Trading, adopted under SEBI (Prohibition of Insider Trading) Regulations, 2015. During this period, Designated Persons and their immediate relatives are prohibited from entering into any transaction involving dealing or trading in shares of the company.

Upcoming board meeting

The Board of Directors will convene to consider, approve, and take on record the unaudited financial results for the second quarter and first half of FY27. The specific date of this board meeting will be intimated to the stock exchanges in due course.

Key details of the trading window closure

AB Cotspin India Limited held its 29th Annual General Meeting on September 29, 2026, where members approved special resolutions to alter the company's name and increase borrowing limits.

The meeting was conducted via video conferencing and other audio-visual means in compliance with the Companies Act, 2013 and SEBI regulations. The session commenced at 12:00 pm and concluded at 1:11 pm, including time allotted for electronic voting.

Key resolutions passed

The business agenda included both ordinary and special business items. Ordinary resolutions covered the adoption of financial statements for FY26, re-appointment of a director, and ratification of cost auditor remuneration.

Special resolutions sought shareholder approval for significant structural and financial changes:

• Name Change: Approval for changing the name of the company and consequent alteration in the Memorandum and Articles of Association.
• Borrowing Limits: Approval of borrowing limits under Section 180(1)(c) of the Companies Act, 2013.
• Investments: Approval to make investments, give loans, guarantees, and security in excess of limits specified under Section 186.
• Encumbrances: Approval for creation of charge, mortgage, or hypothecation on movable and immovable properties.
• Related Party Transactions: Approval for material related party transactions with Ab Cotton Textiles Private Limited.

Meeting proceedings

Mr. Deepak Garg, Chairman of the Company, presided over the meeting. Twenty-two members attended the virtual gathering. Ms. Nidhi, Company Secretary & Compliance Officer, welcomed the attendees and facilitated the statutory disclosures.

The following directors were present:

Key invitees included CA Saurabh Goyal (Statutory Auditor representative), Deepak Gupta (Secretarial Auditor and Scrutinizer), Aseem Jain (Cost Auditor), and Niti Rajan Basal (Internal Auditor).

Voting and results

The e-voting facility was provided by Central Depository Services (India) Limited. Remote e-voting commenced on September 26, 2026, and ended on September 28, 2026. Members present at the AGM could cast votes during the meeting for the next 30 minutes after the voting window opened.

The consolidated results of the voting are expected to be declared within two working days from the conclusion of the AGM, following the receipt of the Scrutinizer's report.