Indo Cotspin Limited has announced that its register of members and share transfer books will remain closed from August 3, 2026, to August 10, 2026, for the purpose of its 32nd Annual General Meeting (AGM). The company has scheduled the AGM for August 10, 2026, to be held via video conferencing. Shareholders will vote on the re-appointment of key directors, including Mr. Bal Aggarwal Kishan as Managing Director and Mr. Sanil Aggarwal as Whole-time Director, and approve an increase in borrowing limits to ₹50 crore.

E-Voting and Eligibility

Pursuant to Section 108 of the Companies Act, 2013, and SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company is providing an e-voting facility. Remote e-voting will commence on August 7, 2026, at 09:00 A.M. and conclude on August 9, 2026, at 05:00 P.M. The cut-off date for determining members eligible for remote e-voting is fixed as July 31, 2026.

Management Appointments

The board recommended the re-appointment of Mr. Bal Aggarwal Kishan as Managing Director for a five-year term effective from October 1, 2026. Mr. Sanil Aggarwal was recommended for re-appointment as Whole-time Director for a five-year term effective from September 1, 2026. Additionally, the board recommended the re-appointment of Mr. Arpan Aggarwal as Whole-time Director for a five-year term effective from September 21, 2025. Mr. Raj Pal Aggarwal will transition from Whole-time Director to Non-Executive Director effective August 10, 2026.

Financial Proposals

To support business requirements, the board proposed increasing the company's borrowing limits to ₹50 crore under Section 180(1)(c) of the Companies Act, 2013. Shareholders will also vote on a special resolution to authorize the sale, transfer, or disposal of the company's land, building, and plant & machinery to related parties for an aggregate consideration of ₹11 crore, subject to Sections 180(1)(a) and 188(1)(b) of the Companies Act, 2013.

Indo Cotspin Ltd has closed its trading window for designated persons, connected persons, and their immediate relatives effective from July 1, 2026. The window will remain shut until 48 hours after the declaration of the unaudited financial results for the quarter ended June 30, 2026. This measure is implemented to comply with the SEBI (Prohibition of Insider Trading) Regulations 2015 and the company's internal Code of Conduct for Prevention of Insider Trading and Fair Disclosure of Unpublished Price Sensitive Information (UPSI).

The restriction applies to all individuals classified as Designated Persons or Connected Persons under the company's codes. The closure ensures compliance with regulatory standards aimed at preventing insider trading during the period leading up to financial results disclosure. The company stated that the specific date for the board meeting to consider and declare the unaudited financial results for the quarter ended June 30, 2026, will be communicated later.

Key Details

The intimation was submitted to BSE Limited on June 22, 2026, by Raj Pal Aggarwal, Whole-time Director of Indo Cotspin Ltd.