Gini Silk Mills has notified the exchange of an upcoming Board of Directors meeting, scheduled in compliance with Regulation 29 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was issued on May 11, 2026, and signed by Managing Director Deepak Harlalka.

Board Meeting Details

The meeting of the Board of Directors is scheduled to be held on Friday, May 22, 2026, at the company's registered office located at 413, Jogani Industrial Estate, Opp. Kasturba Hospital, J. R. Boricha Marg, Lower Parel (East), Mumbai 400011. The key details of the scheduled meeting are outlined below:

Agenda of the Meeting

The primary agenda item for the board meeting is as follows:

• Consideration and approval of the Audited Financial Results for the Fourth Quarter and Financial Year ended March 31, 2026
• Review of the Auditor's Report issued by the statutory auditor in connection with the said financial results

About Gini Silk Mills

Gini Silk Mills is an ISO 9001:2015 certified company incorporated in Maharashtra, with its registered office in Mumbai and a manufacturing plant located at E-15, MIDC, Tarapur, Boisar - 401 506, Thane, Maharashtra. The company operates under the brand Gini Shirtings & Suitings and has been engaged in fine fabric manufacturing since 1963.

Gini Silk Mills Limited has formally responded to BSE Limited's request for clarification regarding significant movement in the company's share price, confirming compliance with regulatory requirements and attributing the price volatility to market-driven factors.

Regulatory Compliance Confirmation

The company addressed BSE's clarification request dated April 10, 2026, emphasizing its adherence to SEBI (LODR) Regulations, 2015. Gini Silk Mills stated that it has been promptly informing the stock exchange of all events and information under Regulation 30 that may impact the company's operations or performance, including all price-sensitive information as required.

No Undisclosed Information

In its response, the company categorically stated that there is no undisclosed or price-sensitive information, nor any impending announcements or corporate actions that need to be communicated to stock exchanges at this time. The management clarified that no pending developments exist that could influence the price or volume behavior of the company's scrip.

Market-Driven Price Movement

The company emphasized that the share price movement is entirely due to prevailing market conditions, over which it has neither control nor specific knowledge of the underlying reasons. This response aims to clarify that the price volatility is not related to any internal corporate developments or undisclosed information.

Management Assurance

Managing Director Deepak Harlalka, who digitally signed the response on April 13, 2025, provided assurance that the company will continue to promptly inform exchanges of all material events, information, and actions as mandated under Regulation 30 of SEBI (LODR) Regulations. This commitment reinforces the company's dedication to maintaining transparency and regulatory compliance in its communication with stakeholders and regulatory bodies.