Bhandari Hosiery Exports Limited has announced that a meeting of its Board of Directors is scheduled to be held on Wednesday, 6 May 2026. The primary agenda of this meeting is to consider and approve the monitoring agency report regarding the utilisation of funds raised through the company's Rights Issue. This announcement has been made pursuant to Regulation 29 and other applicable provisions of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Details and Purpose

The board meeting will focus on reviewing the monitoring agency report for funds utilisation raised through the Rights Issue. This is a regulatory requirement under SEBI guidelines to ensure transparency and proper disclosure of fund utilisation to shareholders and regulatory authorities. The meeting is being convened to ensure compliance with the listing obligations and disclosure requirements as prescribed by SEBI.

Company Information

Exchange Communication

The company has formally addressed communications to both BSE Limited and the National Stock Exchange of India Ltd, requesting them to display the notice on their respective notice boards. This is intended to inform the members of the exchanges as well as the general public about the upcoming board meeting. The communication was signed by Shilpa Tiwari, Company Secretary & Compliance Officer of the company, on 28 April 2026.

Bhandari hosiery exports Limited has issued a formal response to the Bombay Stock Exchange (BSE) regarding an inquiry into recent movements in its share price. The company's reply, dated April 7, 2026, addresses BSE's clarification request under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Company's Response to BSE Inquiry

In its communication to BSE's Department of Corporate Relations, Bhandari Hosiery Exports confirmed its compliance with all applicable SEBI regulations. The company emphasized that it has been promptly informing stock exchanges about all events and information that could impact its operations or performance.

Disclosure on Price-Sensitive Information

The textile exporter categorically stated that there is no undisclosed price-sensitive information or pending announcements that require immediate disclosure to stock exchanges. Management clarified that no corporate actions are currently under consideration that would necessitate regulatory notification.

Key points from the company's response include:

• Full compliance with SEBI LODR Regulations 2015
• No undisclosed material information affecting operations
• No pending corporate actions requiring disclosure
• Commitment to continued timely reporting of material events

Market-Driven Price Movement

Bhandari Hosiery Exports attributed the recent share price movement to prevailing market conditions, stating that the fluctuations are "purely due to market conditions and absolutely market driven." The company emphasized that it has no connection with or influence over such price movements.

Regulatory Compliance Commitment

The company reaffirmed its commitment to maintaining transparency and regulatory compliance. Management assured BSE that it will continue to promptly inform exchanges of all material events, information, and actions as mandated under SEBI regulations. This response demonstrates the company's adherence to corporate governance standards and its commitment to keeping stakeholders informed about developments that could impact its business operations.