Bhilwara Technical Textiles Limited has communicated to BSE Limited that it is not required to disclose related party transactions for the half year ended March 31, 2026. The company cites Regulation 15(2) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which provides exemptions from certain corporate governance provisions for smaller listed entities.

Regulatory Exemption Criteria

Under the stipulated regulations, compliance with specific corporate governance norms, including the disclosure of related party transactions under Regulation 23(9), is not applicable to listed entities meeting specific size criteria. Specifically, the exemption applies to companies with a paid-up equity share capital not exceeding ₹10 Crore and a net worth not exceeding ₹25 Crore as on the last day of the previous financial year.

Financial Position

company name confirmed that its financial figures as of March 31, 2025, place it within these exempt limits. The company's paid-up equity share capital stands at ₹5.84 Crore, while its net worth is recorded at ₹24.25 Crore. Both figures are below the regulatory thresholds of ₹10 Crore and ₹25 Crore respectively.

Consequently, the company is not obligated to file the related party transactions report for the stated period with the stock exchange. The disclosure was signed by Avnish Maurya, Company Secretary and Chief Financial Officer, on May 20, 2026.

Bhilwara Technical Textiles Limited has officially submitted its voting results and scrutinizer's report to BSE Limited following the successful completion of a postal ballot process for approving related party transactions with Maral Overseas Limited. The company filed the comprehensive documentation on March 30, 2026, under Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Postal Ballot Process Overview

The remote e-voting process concluded on March 29, 2026, at 5:00 p.m. (IST), with shareholders demonstrating overwhelming support for the proposed transaction. The ordinary resolution seeking approval for related party transactions with Maral Overseas Limited was passed with requisite majority.

Detailed Voting Results

The voting analysis revealed strong shareholder support across categories, with public non-institutional shareholders being the primary participants in the e-voting process. Promoter group members abstained from voting on this related party transaction.

Scrutinizer's Report

Ms. Manisha Gupta of M/s Manisha Gupta & Associates served as the appointed scrutinizer for the postal ballot process. She was designated by the Board of Directors on February 13, 2026, and submitted her comprehensive report on March 30, 2026.

Key findings from the scrutinizer's assessment include 65 members voting in favour with 31,35,111 shares (99.53%) and 6 members voting against with 14,957 shares (0.47%). No invalid votes were recorded during the process.

Regulatory Compliance and Documentation

The postal ballot was conducted in full compliance with Section 108 and Section 110 of the Companies Act, 2013, and Regulation 44 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company utilized NSDL's e-voting platform for the remote voting mechanism.

The voting results are publicly available on the company's website at www.bttl.co.in and NSDL's e-voting portal at www.evoting.nsdl.com . Company Secretary and Chief Financial Officer Avnish Maurya signed the submission documents, ensuring complete regulatory compliance and transparency in the process.