Raghuvir Synthetics Limited shareholders unanimously approved all 15 resolutions at its 44th Annual General Meeting held on September 28, 2026. The meeting, chaired by Hardik Sunil Agarwal, Joint Managing Director, focused on the adoption of FY26 financial statements and key governance appointments.

The scrutinizer’s report, submitted to BSE on September 29, 2026, detailed the voting outcomes for each resolution. While routine items such as financial adoption and director re-appointments received overwhelming support, the approval of material related party transactions (RPTs) for FY27 required specific exclusion of promoter votes due to their interested status in the transactions.

Voting results for financial and governance items

For the adoption of standalone and consolidated financial statements for FY26, as well as the re-appointment of directors including Yash Sunil Agarwal and Sunil Raghubirprasad Agarwal, the voting pattern was consistent across all resolutions. A total of 60 members cast valid votes, with 2,93,05,911 votes recorded in favor. Notably, 99.05% of these votes were cast via remote e-voting, while 0.95% came from physical poll participants. No members voted against these resolutions, and no members abstained.

The appointment of four new non-executive independent directors: Aayush Kamleshbhai Shah, Ankita Vivekkumar Shah, Hema Lakhmichand Advani, and Kiran Nitesh Prajapati, also passed with identical voting margins. One poll paper was declared invalid across these resolutions because the holder had already voted through e-voting.

Scrutiny of related party transaction approvals

Resolutions 10 through 15, which sought approval for material RPTs with entities including Dreamsoft Bedsheets Private Limited, HYS Industries Private Limited, Raghuvir Exim Limited, HYS Developers LLP, HYS Lifecare LLP, and The Sagar Textile Mills Private Limited, showed a distinct voting dynamic. Since promoters are interested parties in these transactions, their favorable votes were not considered for passing the resolutions, as mandated by regulatory norms.

Consequently, the total valid votes for these RPT resolutions dropped significantly to 2,80,161 (or 2,81,161 for The Sagar Textile Mills). The majority of these valid votes (99.57%) were cast by physical poll participants, while remote e-voting contributed only 0.43%. This indicates that the minority shareholder base present physically strongly supported the continuation of these business relationships.

Compliance and procedural details

Voting was conducted through electronic means in compliance with Section 108 of the Companies Act, 2013. The remote e-voting period remained open from September 25, 2026, to September 27, 2026. Jinang Dineshkumar Shah, Practicing Company Secretary from M/s. Jinang Shah & Associates, served as the scrutinizer. The consolidated scrutinizer’s report was signed on September 28, 2026, and subsequently uploaded to stock exchanges.

Raghuvir Synthetics Limited has scheduled its 44th Annual General Meeting (AGM) for September 28, 2026. The company announced that remote e-voting will be available from September 25 to September 27, 2026, via the National Securities Depository Limited (NSDL) platform.

The board of directors approved the Directors' Report for the financial year ended March 31, 2026, during a session held on September 3, 2026. The company subsequently issued the formal notice to the BSE on September 4, 2026.

AGM Agenda and Resolutions

The AGM will be held at the company's registered office in Rakhial, Ahmedabad, at 12:30 pm. Shareholders will vote on ordinary and special business items.

Ordinary Business:

• Adoption of Audited Standalone Financial Statements for FY26.
• Adoption of Audited Consolidated Financial Statements for FY26.
• Re-appointment of Mr. Yash Sunil Agarwal (DIN: 02170408) as a director, who retires by rotation.

Special Business:

• Confirmation and ratification of remuneration payable to the Cost Auditor appointed for FY27.

Corporate Governance Updates

The board appointed M/s. Anuj Aggarwal & Co. as the Cost Auditor for the financial year 2026-2027. The shareholders are asked to ratify a remuneration of ₹30,000 exclusive of applicable taxes and out-of-pocket expenses.

Additionally, the board previously approved the re-appointment of Sunil Raghubirprasad Agarwal as Chairman and Managing Director, effective from July 1, 2027, subject to shareholder approval.

E-Voting and Meeting Details

Shareholders whose names appear in the register of members or beneficial owners as on the cut-off date of September 21, 2026, are eligible to vote. Remote e-voting commences on September 25, 2026, at 9:00 am and ends on September 27, 2026, at 5:00 pm. Members who exercise their voting rights remotely cannot vote again at the physical meeting.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE969C01022/ec95cfe7-f8dd-47c5-819d-e335c444bafd.pdf