Prag Bosimi Synthetics Limited has scheduled its 34th Annual General Meeting (AGM) for September 25, 2026. The meeting will be held at 3:00 pm through Video Conferencing or Other Audio Visual Means.

The company notified the Bombay Stock Exchange on September 10, 2026, regarding the dispatch of letters to members who have not registered their email addresses. This communication provides the web-link to access the Integrated Annual Report for FY26.

Accessing the Annual Report

Pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company directed shareholders without registered emails to its website. The exact path to the report is listed below:

Shareholder Compliance Reminders

The letter serves as a reminder for physical shareholders to update their KYC details. This requirement stems from SEBI Master Circular No. SEBI/HO/MIRSD/POD-1/P/CIR/2024/37 dated May 7, 2024. Shareholders must record their PAN, address with PIN code, mobile number, bank account details, specimen signature, and choice of nomination.

Payments for folios lacking these updated details will be made only through electronic mode effective April 1, 2024. The company encourages shareholders to dematerialise physical securities and register email IDs to avail online services.

Formats for nomination and KYC updates are available on the Registrar and Transfer Agent’s website. Shareholders can raise queries via the helpdesk link or by calling +91 810 811 6767.

Prag Bosimi Synthetics has scheduled its 34th Annual General Meeting for September 25, 2026, to transact routine corporate governance business. The virtual meeting will focus on board composition changes and the approval of specific related-party transactions.

The agenda includes the adoption of audited financial statements for the fiscal year ended March 31, 2026. Shareholders will vote on the re-appointment of Mr. Devang Vyas as a Non-Executive Director by rotation. Additionally, the Board seeks approval for the re-appointment of Ms. Sunita Shah as an Independent Director for a second consecutive five-year term.

Board Appointments

The meeting will regularize the appointment of Mr. Amitabh Saikia as an Independent Director for a first term of five years, commencing from August 17, 2026. Mr. Saikia brings nearly 39 years of experience in industrial infrastructure development and project management from his tenure at Assam Industrial Development Corporation Ltd.

Furthermore, shareholders will consider the appointment of Mr. Krish Devang Vyas as a Non-Executive Director. He is liable to retire by rotation and holds office effective from August 17, 2026. The Board noted his background in physics, mathematics, and analytical problem-solving as beneficial to the company.

Related Party Transactions

A special resolution seeks authority for the Board to enter into transactions with related parties in the ordinary course of business. This includes approving loans or investments in subsidiaries and associates up to ₹25 crore.

The explanatory statement highlights existing unsecured loans from private promoters totaling ₹34.21 crore at an interest rate of 4%. The document notes that no interest has been charged or paid on these loans until FY26. The Board has agreed to continue this interest rate structure for the promoter loans.

Secretarial Auditor Appointment

Following the demise of the previous Secretarial Auditor, Mr. Ashok Patel, the Board appointed Ms. Gayatri Vaibhav Phatak of M/s. G. S. Bhide & Associates to fill the casual vacancy. Shareholders will vote to appoint her for a full term of five consecutive financial years, starting from FY27. The proposed remuneration is ₹60,000 per year plus out-of-pocket expenses.

What the Numbers Show

The disclosure regarding related-party loans reveals a significant financing dependency on private promoters. With ₹34.21 crore in outstanding loans carrying a 4% interest rate—where no interest was charged or paid until FY26—the company maintains low immediate cash outflows for debt servicing. This arrangement suggests a supportive capital structure from promoters, though it concentrates financial risk within the promoter group rather than external institutional lenders.