The board of directors of Pasupati Spinning & Weaving Mills approved an alteration to the company’s Memorandum of Association (MoA) on August 12, 2026. The move expands the firm’s operational scope beyond textiles and logistics to include the food and beverage sectors. The proposal is subject to shareholder approval at the ensuing Annual General Meeting (AGM).

The alteration inserts two new sub-clauses, numbered (6) and (7), into clause 3(A) of the Main Objects section of the MoA. These additions follow the existing sub-clause (5), which covers logistics services.

New Business Verticals

The revised MoA permits the company to engage in the following activities:

• Processed Foods: Manufacturing, processing, importing, exporting, and trading in a wide range of food products. This includes health foods, protein foods, agro foods, fast foods, poultry products, seafood, milk foods, bakery products, confectionery items, canned foods, and cereals.
• Beverages: Acting as a manufacturer, processor, importer, exporter, distiller, refiner, bottler, and distributor of all types of beverages. This covers soft drinks, concentrates, syrups, effervescent drinks, aerated water, tea, coffee, mineral water, and related ingredients.

Regulatory Disclosure

The disclosure was made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. It also complies with SEBI Circular No. HO/49/14/14(7)2025-CFDPOD2/I/3762/2026 dated January 30, 2026.

The existing main objects of the company continue to include spinning mills, textile manufacturing, trading in yarn and fabrics, polymer processing, and logistics services. The new clauses do not replace these existing activities but add to them.

Pasupati Spinning & Weaving Mills has appointed Bhim Sain Goyal as an Additional Director in the capacity of a Non-Executive Independent Director. The Board of Directors approved the appointment during its meeting held on August 12, 2026, based on the recommendation of the Nomination and Remuneration Committee.

Mr. Goyal will serve a term of five consecutive years, effective from August 12, 2026, to August 11, 2031. His appointment is subject to ratification by members at the company's ensuing Annual General Meeting (AGM).

Board Composition Changes

In addition to the new appointment, the board addressed the tenure of existing directors who are approaching or have surpassed specific age thresholds mandated by regulatory guidelines.

The board approved the continuation of Mr. Chander Mohan Sharma as Whole-time Director. Mr. Sharma, who possesses pioneer experience in managing operations and production, will attain the age of 70 years on December 13, 2026. He will continue in his role for the remainder of his current term, which expires on December 19, 2027, pending member approval at the AGM.

Similarly, the board approved the continuation of Mr. Anil Kumar Jain as an Independent Director. Mr. Jain, an associate member of both the Institute of Chartered Accountants of India and the Institute of Company Secretaries of India, will attain the age of 75 years on January 9, 2027. He will serve until his term expires on August 13, 2029, subject to shareholder ratification.

Regulatory Compliance

The disclosures were made pursuant to Regulation 30 read with Schedule III of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filings also reference SEBI Circular No. SEBI/HO/CFD/CFD-PoD1/P/CIR/2023/123 dated July 13, 2023.

Confirming compliance with stock exchange guidelines, the company stated that Mr. Goyal, Mr. Sharma, and Mr. Jain are not debarred from holding the office of director by virtue of any SEBI order or other authority. All three individuals have no disclosed relationships with other directors of the company.