Restile Ceramics Limited announced that its Board of Directors will convene on Monday, September 28, 2026. The meeting aims to evaluate proposals for raising capital through equity issuance and expanding the company's authorized share capital.

The agenda includes the issuance of equity shares or other eligible securities through permissible modes such as preferential issues or private placements. These actions are subject to necessary regulatory and statutory approvals. Additionally, the Board will consider an increase in authorized share capital, which would require altering the company's Memorandum of Association.

Trading window closure details

In compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window for dealing in the company's securities is closed. This restriction commenced at the close of business hours on Wednesday, September 23, 2026. The window will remain shut until 48 hours after the conclusion of the board meeting, effectively ending on September 30, 2026.

Regulatory compliance and disclosures

The intimation was filed under Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company confirmed that this disclosure has been uploaded to its official website for public access. The notice was signed by Palak Jari, Company Secretary and Compliance Officer, from Mumbai.

Restile Ceramics Limited shareholders approved all five resolutions at its 40th Annual General Meeting on September 9, 2026. The session concluded in 11 minutes via video conference.

Managing Director Viren Rathod chaired the proceedings. Shareholders backed key corporate governance and financial measures, including expanded borrowing limits and new Articles of Association.

Voting Results

All ordinary and special resolutions passed with overwhelming majority support. Remote e-voting was facilitated through CDSL, with the voting window open from September 5 to September 8, 2026.

Ms. Hasmita Taunk retires by rotation and offered herself for re-appointment. Members also approved material related party transactions.

Participation Breakdown

The company had 26,825 shareholders on the record date of September 2, 2026. Total shares held stood at 98,279,239. Votes polled represented 66.79% of outstanding shares for most resolutions.

Promoter and promoter group entities held 70,722,715 shares. They cast votes on 65,542,705 shares (92.68% of their holding) in favor of the financial statements, director re-appointment, borrowing limits, and AOA changes. No promoter votes were cast against these resolutions.

Public non-institutional shareholders held 27,537,184 shares. They polled 101,622 votes (0.37% participation). Of these, 101,602 votes were in favor and 20 were against.

Public institutional shareholders held 19,340 shares but did not participate in the voting process.

Governance Updates

The company sought shareholder approval to alter its Articles of Association in compliance with the Companies Act, 2013. This requires a special resolution.

The Board of Directors approved the adoption of the new set of Articles of Association based on Form of Table F as prescribed under the Companies Act, 2013. The new AOA has been restructured and aligned with the provisions of the Act, Secretarial Standards issued by the Institute of Company Secretaries of India, and other applicable laws. References to amended sections, sub-sections, and clauses have been substituted with new provisions.

Additionally, shareholders granted authorisation for the company to borrow funds in excess of its paid-up share capital and reserves. This borrowing limit expansion also passed as a special resolution.

Meeting Details

Palak Kumari, Company Secretary and Compliance Officer, delivered opening notes. M/s. Mitesh Shah & Co. served as the scrutiniser for the e-voting process.

The scrutinizer unblocked votes at 12:57 pm on September 9, 2026. Results will be disseminated to stock exchanges within two working days.