Pashupati Cotspin has scheduled a board meeting for October 3, 2026, to deliberate on a proposed bonus issue and an increase in authorized share capital.

Board meeting agenda

The company informed BSE and NSE that the sixth board meeting of FY27 will convene at its registered office. The agenda includes approving the increase in authorized share capital and considering the proposal for issuing bonus shares. These actions are subject to requisite approvals from shareholders.

The board will also approve the draft postal ballot notice required for these corporate actions. Additionally, the appointment of M/s. Nisarg Sharma & Associates as the scrutinizer for the postal ballot process is on the agenda.

Regulatory compliance

This intimation is filed under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The proposal for bonus shares and capital restructuring requires shareholder consent, which will be sought through the postal ballot mechanism following board approval.

Pashupati Cotspin has announced the remote e-voting schedule for its 9th Annual General Meeting, scheduled for September 30, 2026. Shareholders can cast votes electronically from September 27 to September 29, 2026.

The company published newspaper advertisements on September 9, 2026, in Financial Express (English and Gujarati editions) to inform shareholders about the meeting logistics and voting procedures. Saurin Jagadishbhai Parikh, Managing Director, signed the disclosure.

E-Voting Schedule

The company is providing a remote e-voting facility through the National Securities Depository Limited (NSDL) platform. Members must be on the register as of September 23, 2026, to be eligible to vote.

Shareholders who have already voted via remote e-voting cannot vote again at the physical AGM. Those present at the AGM but who have not voted remotely may use ballot papers with the assistance of the scrutinizer.

Book Closure and Dividend Record Date

The register of members and share transfer books will remain closed from September 24 to September 30, 2026. This closure determines eligibility for the final dividend of ₹0.05 per equity share for FY26, subject to shareholder approval at the AGM.

The record date for determining dividend entitlement is fixed as September 23, 2026. If approved, payment will be made within 30 days of the AGM after applicable tax deductions.

Auditor Appointment and Related Party Transactions

The board appointed M/s. Nisarg Sharma & Associates as secretarial auditor for a five-year term covering FY27 to FY31. This appointment requires ratification by shareholders at the AGM. The firm will also act as the scrutinizer for both e-voting and physical voting.

Additionally, the board approved material related-party transactions for FY27 and FY28, which also require member approval at the upcoming meeting.