Pasupati Spinning & Weaving Mills has replaced its scrutinizer for the e-voting process at its Annual General Meeting scheduled for September 30, 2026, following the resignation of the previously appointed official.

Change in scrutinizer appointment

The Board of Directors of Pasupati Spinning & Weaving Mills, through a circular resolution for which requisite assent was obtained on September 15, 2026, approved the replacement of the existing scrutinizer. The change was disclosed to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The original appointment had been made following the Board meeting held on August 12, 2026.

Sumit Bajaj, Proprietor of M/s. Sumit Bajaj & Associates, had been appointed as the scrutinizer for the e-voting process in connection with the ensuing Annual General Meeting. However, the Board approved his replacement as he is in the process of surrendering his Certificate of Practice owing to personal reasons.

New scrutinizer details

The key details of the scrutinizer change are outlined below:

Mayuri Sinha, Proprietor of M/s. Mayuri Sinha & Associates, has been appointed as the new scrutinizer to conduct the e-voting process and poll for the Annual General Meeting. The appointment has been made in accordance with the applicable provisions of the Companies Act, 2013, the rules made thereunder, and other applicable regulations. The requisite consent for the new appointment has been duly obtained.

Pasupati Spinning & Weaving Mills has scheduled its 46th Annual General Meeting for September 30, 2026. The physical meeting will be held at 11:00 am at the company's registered office in Dharuhera, Haryana.

The notice was issued on September 1, 2026, by Company Secretary Deepika Malhotra and Managing Director Ramesh Kumar Jain. It serves as a reminder for shareholders holding physical shares to update their PAN, KYC, nomination, and bank account details. This compliance is mandated under SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024.

Meeting Details

The AGM will convene in physical mode. Shareholders are advised to quote their Folio No or DPID-Client ID in all communications with the company. Queries regarding the meeting or shareholder records should be directed to the Company Secretary via email at cs@pasupatitextiles.com .

Financial Performance FY26

The company reported a significant improvement in profitability for FY26 despite a slight decline in turnover. Net profit after tax rose to ₹221.44 lakh from ₹87.81 lakh in FY25, marking a substantial year-on-year increase. Total revenue stood at ₹9,934.49 lakh, down marginally from ₹10,050.79 lakh in the previous year.

The management attributed the turnover decline to a 50% tariff imposed by the USA on textile exports and increased raw material costs following geopolitical tensions. However, the logistics and warehousing segment contributed significantly to the bottom-line growth, with revenue rising to ₹604.04 lakh from ₹327.54 lakh in FY25.

Key Agenda Items

Shareholders will consider several special resolutions at the upcoming AGM:

• Expansion into Food & Beverage: Approval to amend the Memorandum of Association to include business activities related to processed foods, health foods, and beverages.
• Director Appointments: Re-appointment of Mr. Vidit Jain as Director and appointment of Mr. Bhim Sain Goyal as Independent Director.
• Related Party Transactions: Ratification of transactions with Shivani Textiles Ltd, capped at ₹30 crore for FY27, involving sales, purchases, and job work.
• Cost Auditor Remuneration: Approval of remuneration for cost auditors for FY27.

Regulatory Compliance

Shareholders holding securities in physical mode must ensure their folios contain updated PAN, address, mobile number, bank account details, specimen signature, and nomination choice. Payments such as dividends will be made only through electronic mode for folios lacking these details, effective from April 1, 2024.

The company also urged shareholders to dematerialize physical securities and register their email addresses to receive future communications electronically. The Annual Report for FY26 and the explanatory statement for the AGM are available on the company website.