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. 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.

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.

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.