Polyspin Exports Limited has announced the sad and sudden demise of Shri Rammohanraja Ramji, who served as Promoter & Managing Director and Key Managerial Personnel of the company. The company informed BSE Limited about this development under Regulation 30 and 31A of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Leadership Transition Details

Shri Rammohanraja Ramji passed away on May 3, 2026 at 2.57 A.M. He had been serving as Managing Director of the company with effect from April 1, 2013, spanning over 13 years in the leadership role. During his tenure, he played a crucial leadership role through which the company immensely benefited from his vision and active participation in various committee and board meetings.

Regulatory Compliance

The company has fulfilled its disclosure obligations pursuant to Regulation 30 and Regulation 31A read with Part A of Schedule III of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. As per Regulation 31A (6)(c) of SEBI LODR, Shri Rammohanraja Ramji will cease to be a Promoter of the company following his demise.

Company Statement

The company described the sudden and unexpected demise of Shri Rammohanraja Ramji as an irreparable loss. All the Directors and employees of the company have conveyed their deep sympathy, sorrow and condolences to his family. The notification was signed by A. Emarajan, Company Secretary and Compliance Officer, and submitted to the stock exchange on May 3, 2026.

Event Classification

Polyspin Exports Limited operates as a 100% Export Oriented Unit (EOU) and is registered in Tamil Nadu with CIN: L51909TN1985PLC011683.

Polyspin Exports Limited has announced the opening of a special window for transfer and dematerialization of physical shares, in compliance with recent SEBI regulations. The initiative provides shareholders with a dedicated timeframe to complete pending share transfer and dematerialization processes.

SEBI Circular Implementation

The special window has been established pursuant to SEBI Circular No. HO/38/13/11(2)2026-MIRSD-POD/I/3750/2026 dated January 30, 2026. This regulatory directive specifically addresses the transfer and dematerialization of physical securities that were sold or purchased prior to April 01, 2019.

Public Notice and Communication

Polyspin Exports Limited published public notices on April 24, 2026 to inform shareholders about this special facility. The company ensured wide dissemination of information through multiple channels:

• Print Media: Business Line (All Edition - English) and Dinamalar (Madurai Edition - Tamil)
• Digital Platforms: YouTube and LinkedIn social media channels
• Official Communication: Direct notification to BSE Limited with scrip code 539354

Documentation Requirements

Shareholders seeking to utilize this special window must submit comprehensive documentation to ensure compliance with SEBI regulations. The required documents include:

• Transfer deeds executed prior to April 01, 2019
• Original security certificates
• Client Master List (for eligible shareholders)
• Additional documents as specified in the SEBI circular

Company Information

Polyspin Exports Limited operates as a 100% Export Oriented Unit (EOU) with its registered office located at 351, P.A.C.R. Salai, Rajapalayam - 626 117, Tamil Nadu. The company's manufacturing facility is situated at 1, Railway Feeder Road, Cholapuram South 626 139, via Rajapalayam. A. Emarajan serves as the Company Secretary and Compliance Officer, overseeing the implementation of this special window initiative.

The company has emphasized that this special window is exclusively designed for shareholders who had previously submitted transfer and dematerialization requests that were rejected, returned, or not accepted due to documentation or procedural deficiencies, provided the original transactions occurred before April 01, 2019.