Banswara Syntex Limited shareholders have formally approved all eight resolutions tabled at its 50th Annual General Meeting (AGM), confirming the re-appointment of key directors and the adoption of FY26 financial statements. The final voting results, verified by the scrutinizer M/s. Mihen Halani & Associates, were submitted to stock exchanges on July 31, 2026. The meeting, held via Video Conferencing/Other Audio-Visual Means (VC/OAVM) on July 30, 2026, saw a participation rate of 54.68%, with 18,718,203 votes cast out of 34,232,084 shares held by eligible members as of the cut-off date on July 23, 2026.

The primary outcome was the successful passage of special resolutions for the re-appointment of senior management. Shareholders approved the continuation of Rakesh Mehra as Chairman and Whole-time Director, Ravindrakumar Toshniwal as Vice Chairman and Whole-time Director, and Shaleen Toshniwal as Managing Director for a three-year term from January 1, 2027, to December 31, 2029. Additionally, Udeypaul Singh Gill was appointed as a Non-Executive Independent Director for a five-year term starting May 20, 2026. All these appointments received overwhelming support, with promoter group votes accounting for nearly half of the total equity.

Ordinary business items also passed with near-unanimous support. The audited standalone and consolidated financial statements for FY26 were adopted, alongside the declaration of a final dividend for the year ended March 31, 2026. The remuneration for Cost Auditors for the financial year 2026-27 was ratified. Ravindrakumar Toshniwal, who retires by rotation, was also re-appointed as a director via an ordinary resolution.

Voting Breakdown by Resolution

The scrutinizer’s report detailed the vote distribution across promoter, public-institutional, and public-non-institutional categories. While the promoter group voted unanimously in favor of all resolutions, there was minor dissent from public-institutional investors regarding the re-appointments of Rakesh Mehra and Ravindrakumar Toshniwal.

Governance and Compliance

The e-voting process was facilitated by Central Depository Services (India) Limited (CDSL). Remote e-voting was open from July 25, 2026, to July 29, 2026. Post-meeting, votes were unblocked in the presence of independent witnesses Mr. Milin Ramani and Ms. Mahek Rander. The proceedings complied with Section 108 of the Companies Act, 2013, Rule 20 of the Companies (Management and Administration) Rules, 2014, and Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Statutory auditors K G Somani & Co. LLP and internal auditors M/s Ankit Maheshwari & Associates were present to address queries regarding the audit reports.

Banswara Syntex Limited will host an earnings conference call on Monday, August 3, 2026, to discuss its operational and financial performance for the first quarter of FY27 (Q1FY27). The event provides investors with a direct channel to management for insights into the company’s recent results and strategic outlook, addressing market interest in the textile manufacturer’s quarterly trajectory.

The conference call is scheduled for 2:00 PM IST and is being conducted pursuant to Regulation 30(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulatory requirement ensures timely disclosure of material information to stakeholders, facilitating transparency in the company’s reporting process for the quarter ended June 30, 2026.

Key executives from Banswara Syntex Limited are confirmed to participate in the discussion. Ravindra Kumar Toshniwal, Promoter and Vice-Chairman, and Kavita Gandhi, CFO, will be available to address queries regarding the financial statements and operational metrics. Their participation underscores the management’s commitment to engaging with shareholders and analysts on the company’s performance drivers.

Investors can access the conference call through dedicated toll-free numbers provided by the company. The primary access numbers are +91 22 6280 1309 and +91 22 7115 8210. International participants can dial specific toll-free lines for Hong Kong, Singapore, the UK, and the USA, ensuring global accessibility for institutional and retail investors alike.

Participants are requested to pre-register for the call via the link provided in the official intimation. The event is organized with the support of Strategic Growth Advisors Pvt. Ltd., with Devraj Ghatge and Rahul Agarwal serving as contact points for registration assistance. The full transcript and recording will be hosted on the company’s website, www.banswarasyntex.com , post-event for wider dissemination.