Popees Baby Care India Limited scheduled its Board of Directors meeting for September 22, 2026, to consider raising funds through a share swap arrangement.

The company notified the Bombay Stock Exchange under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The agenda includes approving the issuance of securities on a preferential basis or through private placement. This transaction involves consideration other than cash, subject to statutory and regulatory approvals.

Board Agenda Details

The Board will also address matters incidental and ancillary to the proposed fund raise. Other business may be transacted with the Chairperson's permission.

The notice was issued by Shaju Thomas, Managing Director, on September 10, 2026. Popees Baby Care India Limited, formerly known as Hari Govind International Limited, is registered in Maharashtra with its corporate office in Kozhikode.

Popees Baby Care India Limited has scheduled its 38th Annual General Meeting (AGM) for September 30, 2026. The meeting will be held via Video Conferencing (VC) or Other Audio-Visual Means (OAVM), in compliance with Ministry of Corporate Affairs and SEBI guidelines.

The Board of Directors approved the notice and related logistical arrangements on September 8, 2026. The AGM agenda includes the adoption of financial statements for FY26 and the re-appointment of a retiring director.

Key Dates and Arrangements

Shareholders must hold shares as of the cut-off date to participate in voting. The register of members and share transfer books will remain closed during the specified period.

Governance and Compliance

National Securities Depository Limited (NSDL) was appointed to facilitate remote e-voting and VC facilities. CS Liya Antony (Membership No. 39611, C.P. No. 19314) serves as the Scrutinizer to ensure fair voting processes.

Board and Auditor Resolutions

Shareholders will consider the re-appointment of Smt. Linta Purayidathil Jose (DIN: 06413031) as a Director, who retires by rotation. She holds over 20 years of experience in textile manufacturing and administration.

The meeting will also address the appointment of M/s. Manikandan & Associates, Chartered Accountants (FRN: 008520S), as Statutory Auditors. This resolves a casual vacancy caused by the resignation of M/s. C.V. Paturkar & Co., Chartered Accountants. The proposed tenure for Manikandan & Associates is five consecutive years, from the conclusion of the 38th AGM until the 43rd AGM.

The Board recommends an annual fee not exceeding ₹2,00,000 plus applicable taxes and out-of-pocket expenses for the new auditors. M/s. Manikandan & Associates is a Peer Review Certified firm established in 1999.