Polytex India Limited has notified BSE Limited of a forthcoming Board of Directors meeting, scheduled in accordance with Regulation 29 read with Regulation 47 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015. The notice, dated May 11, 2026, was submitted to the Corporate Relationship Department of BSE Limited.

Board Meeting Details

The meeting is set to take place on Saturday, May 16, 2026, at 3:00 PM at 'Wellness Villa', situated at Palm Spring, Near Chandan Cinema, Juhu, Mumbai – 400049. The primary agenda includes consideration and approval of the company's audited financial results for the quarter and year ended March 31, 2026, along with other business matters.

Key details of the scheduled board meeting are outlined below:

Trading Window Closure

In line with the company's policy on prohibition of insider trading, the trading window for insiders and covered persons of Polytex India Limited stands closed from April 1, 2026, and will remain closed until 48 hours after the declaration of the audited financial results for the quarter and year ended March 31, 2026. During this period, trading in the securities of the company is prohibited. The company has confirmed that the relevant information has already been submitted to the stock exchange.

The intimation was signed by Arvind Mulji Kariya, Director and CFO of Polytex India Limited.

Polytex India Limited has formally announced the resignation of Mr. Anandkumar Labhshankar Trivedi from his position as Additional Executive Director, effective from April 24, 2026. The Mumbai-based company communicated this development to BSE Limited in strict compliance with regulatory requirements under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Regulatory Compliance and Disclosure

The resignation was reported under Regulation 30 of the SEBI Listing Regulations, with the company providing comprehensive details as mandated by regulatory frameworks. Director and CFO Arvind Mulji Kariya signed the official communication to the stock exchange, ensuring all procedural requirements were met.

Reason for Resignation

Mr. Trivedi submitted his resignation citing personal and unavoidable circumstances as the primary reason for his departure from the Board of Directors. In his formal resignation letter, he explicitly confirmed that there are no other material reasons for his resignation beyond those mentioned, ensuring compliance with SEBI (LODR) Regulations, 2015 requirements.

Director Profile and Disclosures

As part of the mandatory regulatory disclosures, Polytex India Limited confirmed that Mr. Trivedi holds no directorship positions in any other listed entities. The company provided complete transparency regarding the resignation through proper documentation and regulatory filings.

The resignation letter, dated April 24, 2026, expressed gratitude to the Board and management for their support and cooperation during his tenure. Mr. Trivedi also requested the company to file necessary forms with the Registrar of Companies, including DIR-12, and complete required stock exchange intimations.

Company Information

Polytex India Limited, incorporated in 1987 with CIN L51900MH1987PLC042092, operates from its registered office at Technopolis Knowledge Park, Mahakali Caves Road, Andheri East, Mumbai. The company trades on BSE under scrip code 512481 with the symbol POLYTEX.