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

Raghuvir Synthetics has clarified the reason for a one-day delay in disclosing a ₹2.24 crore GST show cause notice, attributing it to the time required for internal review and consultation with tax professionals.

The company stated that the notice contained detailed tax computations requiring examination and verification of underlying records before finalizing the particulars for stock exchange disclosure. The disclosure was submitted on August 21, 2026, against the prescribed timeline of August 20, 2026.

Details of the Proceeding

The Ahmedabad Zonal Unit of the Directorate General of GST Intelligence issued the notice on August 18, 2026, under section 74/74A of the Central Goods and Services Tax Act, 2017, read with section 74/74A of the Gujarat GST Act, 2017. The company also received Form GST DRC-01 on August 19, 2026.

The notice covers the period from FY21 to FY25. The GST Department alleges violations related to the availment and utilization of input tax credit under applicable provisions. The aggregate amount stated in the notice includes tax, interest, and applicable penalties.

Company Response

Raghuvir Synthetics maintains that it availed input tax credit in accordance with GST laws. The company stated there is no material impact on its operations from this development.

Management will submit a formal response within the prescribed timeline. The company will continue to monitor the matter and disclose any material developments as required by SEBI regulations.