Manomay Tex India Limited concluded its 17th Annual General Meeting on September 29, 2026, in Bhilwara. The meeting adopted the audited financial statements for the fiscal year ended March 31, 2026, and addressed several director appointments.

Key resolutions passed

Shareholders approved eight agenda items, comprising four ordinary and four special resolutions. The audited financial statements for FY26 were adopted alongside the Directors' Report and Auditors' Report. Both reports contained no qualifications or adverse remarks.

The following directors were reappointed or appointed:

• Pallavi Laddha: Reappointed as Whole Time Director upon retirement by rotation.
• Maheshchandra Kailashchandra Laddha: Reappointed as Whole Time Director via special resolution.
• Manishkumar Balkrishna Porwal: Appointed as Independent Director (previously Additional Director).
• Satya Narayan Maheshwari: Appointed as Independent Director (previously Additional Director).
• Mahendra Singh Rana: Appointed as Independent Director (previously Additional Director).

Additionally, shareholders ratified the remuneration of cost auditors for FY27 and approved material related party transactions.

Voting and attendance details

The meeting was chaired by Kailashchandra Hiralal Laddha. A quorum was present as per the Companies Act, 2013. Electronic voting was facilitated through National Securities Depository Limited (NSDL) from September 26 to September 28, 2026. Physical ballot voting was also available for attendees who did not cast votes electronically.

The scrutinizer, R.K. Jain from M/s R. K. Jain & Associates, oversaw the voting process to ensure transparency. Results were submitted to stock exchanges within two working days of the conclusion.

Manomay Tex India Ltd has convened its 17th Annual General Meeting for September 29, 2026, at 1:00 pm at its registered office in Bhilwara, Rajasthan, to transact ordinary and special business including capacity expansion approvals and director appointments.

The formal AGM notice was filed with BSE Limited and the National Stock Exchange of India Limited on September 5, 2026, signed by Managing Director Yogesh Laddha. The register of members and share transfer books will remain closed from September 23, 2026, to September 29, 2026. The cut-off date for remote e-voting eligibility is September 22, 2026, with the remote e-voting window open from September 26, 2026, at 9:00 am to September 28, 2026, at 5:00 pm, facilitated through NSDL.

Capacity expansion plans

The board, at its meeting on August 31, 2026, approved a major expansion across two manufacturing divisions. The denim division will add an RFD line for bottom weight fabrics and chinos, increasing fabric manufacturing capacity by 10 million metres per year. The spinning division will add new spindles for coarse-count yarn, adding approximately 1,080 MT of yarn production annually.

AGM agenda: ordinary and special business

The meeting will consider adoption of the audited financial statements and the Director's Report for the financial year ended March 31, 2026. Members will also vote on the re-appointment of Mrs. Pallavi Laddha, who retires by rotation and is eligible for re-appointment.

Special business items include ratification of the remuneration of M/s Avnesh Jain & Co., Cost Accountants (Firm Reg. No. 101048), appointed to conduct the cost audit for the financial year ending March 31, 2027, at a remuneration of ₹15,000 plus GST and reimbursement of out-of-pocket expenses.

Members will also vote on the re-appointment of Mr. Maheshchandra Kailashchandra Laddha as Whole-time Director for a three-year term from August 9, 2027, to August 8, 2030, at a salary of ₹3,00,000 per month in the scale of ₹3,00,000–₹4,00,000–₹5,00,000, along with perquisites as specified under Schedule V of the Companies Act, 2013.

Director appointments seeking shareholder approval

Three additional independent directors appointed by the board effective September 2, 2026, are being placed before shareholders for formal approval for a five-year term each:

Committee reconstitution

Effective September 2, 2026, the board reconstituted several statutory committees:

• Nomination and Remuneration Committee: Mr. Anil Kumar Kabra appointed as Chairman.
• Audit Committee: Mr. Anil Kumar Kabra as Chairman; Mr. Maheshchandra Kailashchandra Laddha added as member.
• Stakeholder Relationship Committee: Mr. Satya Narayan Maheshwari appointed as Chairman.
• Corporate Social Responsibility Committee: Mrs. Pallavi Laddha, Mr. Anil Kumar Kabra, and Mr. Mahendra Singh Rana inducted as members.
• Internal Complaint Committee: Mr. Mukesh Chandra Sharma inducted as a member.

Material related-party transactions

Shareholder approval is also sought for material related-party transactions (RPTs) for the financial year 2026-27, covering transactions with 22 related parties including group entities, KMPs, and their relatives. Each transaction is subject to a maximum aggregate value of ₹500 crore for the period April 1, 2026, to March 31, 2027. All transactions are stated to be in the ordinary course of business and at arm's length. Key related parties include Ashish International, Kamlesh Synthetics, Palak Garments, Prachi Creation, Seema Synthetics, Charbhuja Impex, Shree Synthetics, Fornax Fashion Private Limited, Druhinah Agro Private Limited, and Everstrong Marketing Private Limited, among others.

The scrutinizer for the e-voting process is Mr. R.K. Jain, Practicing Company Secretary, proprietor of M/s R. K. Jain & Associates. Results are to be announced on or before 5:00 pm on October 1, 2026, at the registered office and communicated to the stock exchanges.