Polyspin Exports authorizes MD to determine materiality of events

1 min read Updated on 29 May 2026, 07:37 PM

Reviewed by

Ashish TScanX News Team

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Polyspin Exports Limited authorized Smt. Durga Ramji, Managing Director, to determine the materiality of events for disclosure to stock exchanges following the demise of Shri R. Ramji. The board approved this authorization at its meeting on May 29, 2026. Smt. Durga Ramji joins the Chief Financial Officer and Company Secretary in advising on disclosures.

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Polyspin Exports Limited has authorized Smt. Durga Ramji, Managing Director, to determine the materiality of events or information for disclosure to stock exchanges following the demise of Shri R. Ramji. The board of directors approved this authorization at its meeting on May 29, 2026. This appointment ensures continuity in the company's compliance and disclosure mechanisms during the leadership transition.

The decision was taken pursuant to the Policy for Determination of Materiality of Events for disclosure to Stock Exchange. Smt. Durga Ramji will serve as an authorized person alongside the Chief Financial Officer and Company Secretary. Her role involves assessing the significance of corporate events and advising on necessary disclosures to the exchanges.

The company provided the contact details for the new authorized person to facilitate communication with regulatory bodies. The contact information includes her designation as Managing Director and the registered office address in Rajapalayam.

Authorized Person Details

Name	Designation	Address	Phone No.	E-Mail
Smt. Durga Ramji	Managing Director	351, P.A.C.R. Salai, Rajapalayam – 626 117	04563 284000	fibc@poyspin.in

The filing was submitted to BSE Limited with the scrip code 539354. A. Emarajan, Company Secretary and Compliance Officer, signed the intimation on behalf of polyspin exports .

Historical Stock Returns for Polyspin Exports

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
+1.43%	+6.79%	+0.43%	-9.12%	-15.09%	-51.97%

How will the market react to the leadership transition and the new disclosure authority?

What are the potential long-term strategic changes under Smt. Durga Ramji's leadership?

Will the company announce any interim measures to stabilize operations during the transition?

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Polyspin Exports sets book closure from Aug 15 for 41st AGM

1 min read Updated on 29 May 2026, 01:06 PM

Reviewed by

Naman SScanX News Team

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Polyspin Exports Limited announced a book closure from August 15 to August 20, 2026, for its 41st Annual General Meeting on August 21, 2026. Shareholders must be on record by August 14, 2026, to vote electronically. The announcement was made in compliance with SEBI regulations.

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Polyspin Exports Limited has scheduled its 41st Annual General Meeting for August 21, 2026, necessitating a closure of its register of members and share transfer books. The book closure will be in effect from August 15, 2026, to August 20, 2026, to determine shareholder eligibility for the meeting. This regulatory move ensures that only shareholders recorded on the books during this period can participate in the proceedings.

Pursuant to Regulation 42 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company has established August 14, 2026, as the cut-off date. This date is critical for shareholders intending to vote by electronic means or cast their vote during the ensuing meeting. The intimation was formally addressed to BSE Limited, where the company is listed with the scrip code 539354.

The meeting will be conducted to address the statutory business required for the financial year. The company, operating as a 100% Export Oriented Unit, is headquartered in Rajapalayam, Tamilnadu. The communication was digitally signed by A. Emarajan, the Company Secretary & Compliance Officer, on May 29, 2026.