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.

Pasupati Spinning & Weaving Mills Ltd has announced the schedule for its 46th Annual General Meeting (AGM), set for Wednesday, September 30, 2026. The meeting will commence at 11:00 am at the company’s registered office in Village Kapriwas, Dharuhera, Rewari, Haryana.

The Register of Members and Share Transfer Books will remain closed from September 24, 2026, to September 30, 2026, both days inclusive. This closure determines the list of shareholders eligible to attend and vote at the AGM. The cut-off date for determining voting eligibility is September 23, 2026.

Corporate Action Details

The intimation was issued by Ramesh Kumar Jain, Managing Director of Pasupati Spinning & Weaving Mills Ltd, on August 12, 2026. The notice was submitted to the BSE Limited Corporate Relationship Department.

Remote E-Voting Facility

In compliance with Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, and Section 108 of the Companies Act, 2013, shareholders are provided with the facility to attend the AGM through Video Conferencing (VC) or Other Audio Visual Means (OAVM).

Shareholders holding shares as on the cut-off date of September 23, 2026, may cast their votes electronically via remote e-voting. The authorized agency for this process is National Securities Depositories Limited (NSDL). The e-voting window opens at 9:00 am on September 27, 2026, and closes at 5:00 pm on September 29, 2026.

The registered office of the company is located at Tribhuvan Complex, Ishwar Nagar, Mathura Road, New Delhi.