Commercial Syn Bags Limited has scheduled a board meeting for September 17, 2026, to consider the conversion of warrants issued to its promoters into equity shares. The transaction requires the deposit of the outstanding balance amount for the conversion to proceed.

The meeting is the fourth convened for the fiscal year 2026-27. It will be held at the company's registered office in Indore, Madhya Pradesh.

Meeting Agenda

The Board of Directors will address specific corporate actions alongside routine business items. The primary agenda item involves capital structure adjustments through warrant conversion.

Regulatory Compliance

The announcement was made pursuant to Regulation 29(1)(a) of the SEBI (LODR) Regulations, 2015, read with the SEBI (PIT) Regulations, 2015. Sandeep Patel, Company Secretary, digitally signed the intimation filed with both the Bombay Stock Exchange and the National Stock Exchange of India Limited.

The filing confirms that the conversion is subject to the promoters fulfilling their financial obligation to deposit the remaining funds required for the equity issuance.

Commercial Syn Bags Limited will convene its 42nd Annual General Meeting on Tuesday, September 29, 2026, at 5:30 pm via Video Conferencing or Other AudioVisual Means. The meeting aims to transact ordinary business, including the adoption of financial statements for FY26, and approve several special resolutions regarding capital structure and management appointments.

The company has enabled remote e-voting facilities for shareholders in compliance with SEBI (LODR) Regulations and the Companies Act, 2013. The voting process is managed by Central Depository Services Limited (CDSL). Shareholders holding shares as of the cut-off date of September 22, 2026, are eligible to cast their votes electronically.

E-Voting Schedule

Remote e-voting will commence on September 26, 2026, at 9:00 am and conclude on September 28, 2026, at 5:00 pm. This window allows members to vote prior to the physical meeting.

CS Ishan Jain, a practising Company Secretary, has been appointed as the scrutinizer for the voting process. The announcement was filed on September 7, 2026, pursuant to Regulation 44 of the SEBI (LODR) Regulations, 2015.

Key Agenda Items

The AGM notice outlines several critical resolutions for shareholder approval:

• Director Reappointments: Shareholders will vote on the reappointment of Shri Anil Choudhary as Chairman & Managing Director for three years from February 20, 2027, and Smt. Ranjana Choudhary as Whole-time Director for three years from June 1, 2027.
• Preferential Warrant Issue: Approval is sought for the issuance of up to 325,000 warrants convertible into equity shares at ₹283 each to promoters and promoter group entities. The total potential raise is ₹9.19 crore. Proceeds are earmarked for term loan repayment, working capital, and general corporate purposes.
• Related Party Transactions: The board seeks approval for material related party transactions with Smartlift Bulk Packaging Limited (UK), an associate company, valued up to ₹75 crore for FY27.
• Section 186 Limits: The limit for loans, investments, and guarantees under Section 186 of the Companies Act, 2013, is proposed to be increased to ₹200 crore.