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.

Commercial Syn Bags has set September 22, 2026 as the record date to determine eligibility for its final dividend of ₹0.50 per share. The company will hold its 42nd Annual General Meeting (AGM) on September 29, 2026.

The announcement was made pursuant to Regulation 42 of the SEBI (LODR) Regulations, 2015. Shareholders holding equity shares on the record date will be entitled to receive the dividend, subject to approval by members at the ensuing AGM.

Dividend and AGM Details

The board previously recommended a final dividend of ₹0.50 (5%) per equity share of ₹10 each for the financial year 2025-26. This payout requires shareholder approval at the AGM.

The 42nd AGM is scheduled for September 29, 2026, at 5:30 pm. The meeting will be conducted through Video Conferencing or Other Audio Visual Means (OAVM). The company’s registered office in Indore shall be deemed as the venue for the meeting.

Key Dates

Payment Mode and Shareholder Instructions

Pursuant to the SEBI (LODR) (Fifth Amendment) Regulations, 2025, physical dividend warrants have been discontinued. Dividends will be paid exclusively via electronic modes (NEFT/RTGS/ECS). Shareholders holding shares in electronic form must update their bank details with their respective Depository Participants before the record date to avoid delays.

Members wishing to relinquish their dividend rights can fill out the form available on the company website and submit it to the Company Secretary via email or registered post.

Warrant Issuance and Director Re-appointments

The board also approved the issuance of up to 3,25,000 warrants at ₹283 each to promoters. These warrants are convertible into equity shares at a premium of ₹273 per share. The total potential raise is approximately ₹9.2 crore.

The warrants are allocated among six promoter group entities:

Additionally, the board approved the re-appointment of Anil Choudhary as Chairman and Managing Director and Ranjana Choudhary as Whole-time Director & KMP, both for three years, subject to shareholder approval.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE073V01015/ebb87dde-9cd3-4bce-9a06-caf383d62423.pdf