Mahalaxmi Fabric Mills Limited adopted its audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, during its 35th Annual General Meeting held on September 30, 2026. The company also approved the re-appointment of Anand J. Parekh as a director retiring by rotation.

The meeting was conducted entirely through Video Conferencing (VC) in compliance with Ministry of Corporate Affairs circulars and SEBI listing regulations. Chairman Jeetmal Parekh presided over the session, which commenced at 2:30 pm and concluded at 2:59 pm. All directors, the statutory auditor, secretarial auditor, and Chief Financial Officer attended the virtual meeting.

Resolutions passed

The shareholders voted on both ordinary and special business items via electronic voting. The key resolutions included:

• Adoption of the Audited Standalone and Consolidated Financial Statements for FY26, along with the Board of Directors' report and Auditors' reports.
• Appointment of Anand J. Parekh (DIN: 00500384) as a director, replacing himself upon retirement by rotation.
• Appointment of a Secretarial Auditor for the company.

The results of the e-voting were disseminated on the company’s website, as well as on the websites of BSE Limited, National Stock Exchange of India Limited, and MUFG Intime India Private Limited, the designated e-voting agency.

Audit and voting details

The statutory auditor, M/s. Jain Chowdhary & Co., and the secretarial auditor, M/s. Malay Desai & Associates, submitted their reports without any qualifications, reservations, adverse remarks, or disclaimers. Consequently, the audit reports and the Directors' Report were taken as read with the permission of the members.

Remote e-voting facilities were available to shareholders from September 27, 2026, at 9:00 am until September 29, 2026, at 5:00 pm. Members holding shares as of the cut-off date, September 23, 2026, were eligible to vote. Rohit Periwal, Proprietor of M/s. Rohit Periwal & Associates, served as the scrutinizer for the voting process.

Mahalaxmi Fabric Mills will hold its 35th annual general meeting on September 30, 2026, at 2:30 pm via video conferencing. The meeting agenda includes the adoption of financial statements for FY26 and the reappointment of key board members.

The company notified the Bombay Stock Exchange and National Stock Exchange of India Limited regarding the event. In compliance with Ministry of Corporate Affairs circulars, the notice and annual report were dispatched electronically to registered members. The documents are also available on the company website and exchange portals.

Advertisement Publication

The company published advertisements regarding the AGM in "The Indian Express" (English) and "The Financial Express" (Gujarati) on September 8, 2026. This disclosure was made pursuant to Regulation 30 and 47 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board and Auditor Appointments

Shareholders will vote on the reappointment of Anand Jeetmal Parekh as managing director. Parekh, a Chartered Accountant and second-generation entrepreneur, retires by rotation but is eligible and willing to offer himself for reappointment. He currently holds 17,05,676 equity shares and serves on various committees across Mahalaxmi Group entities.

The meeting also seeks approval for the appointment of M/s. Rohit Periwal & Associates as secretarial auditor for three financial years from FY27 to FY29. This follows the resignation of M/s. Malay Desai & Associates due to pre-occupation with other assignments. The new firm has over seven years of experience in secretarial audits and has no past regulatory orders against it.

Voting and Logistics

Remote e-voting opens on September 27, 2026, at 9:00 am and closes on September 29, 2026, at 5:00 pm. The register of members remains closed from September 24 to September 30, 2026. MUFG Intime India Private Limited serves as the authorized agency for e-voting, with Shri Rohit Periwal appointed as scrutinizer to ensure a fair process.