Pashupati Cotspin Limited has authorized specific Key Managerial Personnel (KMPs) to determine the materiality of events and information for regulatory disclosures. This delegation aims to streamline the company’s compliance process under Securities and Exchange Board of India (SEBI) norms. The Board of Directors approved the authorization during a meeting held on August 05, 2026.

The move aligns with Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation permits listed entities to designate KMPs who can assess whether an event or information is material enough to warrant immediate disclosure to stock exchanges. By centralizing this decision-making authority, the company ensures timely and accurate reporting of significant developments.

The following executives have been granted this authority:

Saurin Jagadishbhai Parikh, the Managing Director, serves as the primary contact for these disclosures. His contact details are listed as Pashupati Cotspin Limited, Land Survey No. 919/1, 919/2, Balasar, Kadi-Detroj Road, Kadi, Mehsana - 382715, Gujarat, India. Interested parties can reach him at +91 90999 77560 or via email at cs@pashupaticotspin.com .

Haresh Rameshchandra Shah, serving as Chief Financial Officer, and Kratika Soni, the Company Secretary & Compliance Officer, share this responsibility. Their involvement ensures that both financial and legal compliance aspects are considered when determining materiality.

What This Means for Stakeholders

The authorization enhances operational efficiency in regulatory communications. Investors and analysts can expect consistent evaluation criteria for what constitutes a material event. This clarity reduces ambiguity in disclosure timelines and content. The company has submitted this intimation to both BSE Limited and National Stock Exchange of India Limited for record-keeping purposes.

Pashupati Cotspin Limited has appointed Ms. Kratika Soni as its Whole Time Company Secretary and Compliance Officer, effective August 05, 2026. The Board of Directors approved the appointment at its meeting held on the same date, following the resignation of Ms. Tanvi Mafatlal Patel from the post. This change in Key Managerial Personnel ensures continuity in compliance functions for the cotton ginning and spinning company, which recently reported a significant surge in profitability for Q1FY27.

The Board accepted the resignation of Ms. Tanvi Mafatlal Patel (ICSI Membership No. A58543) with effect from the close of business hours on August 05, 2026. Ms. Patel cited personal reasons for her departure. She ceases to be a Key Managerial Personnel under Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has intimated the BSE Limited and National Stock Exchange of India Limited regarding this change.

Appointment Details

Ms. Kratika Soni (ICSI Membership No. A80404), an Associate Member of the Institute of Company Secretaries of India, has been appointed to succeed Ms. Patel. She holds a Bachelor's Degree in Commerce from Jai Narayan Vyas University, Jodhpur, Rajasthan. The Nomination and Remuneration Committee recommended her appointment to ensure compliance with Regulation 6 of the SEBI LODR Regulations, 2015, and other applicable provisions of the Companies Act, 2013.

Regulatory Compliance

The filing was made pursuant to Regulation 30 of the SEBI LODR Regulations, 2015. The disclosure includes details required under Part A of Schedule III of the regulations, along with subsequent SEBI Master Circulars, including SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023, SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2025, and SEBI master circular HO/49/14/14(7)2025-CFD-POD2/I/3762/2026 updated on January 30, 2026.

This personnel change occurs shortly after Pashupati Cotspin reported a 257% year-on-year jump in standalone net profit to ₹7.24 crore for the quarter ended June 30, 2026. The Board, chaired by Managing Director Saurin Jagdishbhai Parikh, had previously noted that the cotton ginning business is seasonal, with operations typically running from October to April.