Shree Bhavya Fabrics Ltd concluded its 38th Annual General Meeting on September 30, 2026, in Ahmedabad, with all four resolutions passing with the requisite majority per the scrutinizer's consolidated report.

The meeting, chaired by Purushottam Radheshyam Agarwal, commenced at 11:00 am and concluded at 12:00 pm. A total of 39 members were present in person, comprising 5 from the promoter and promoter group and 34 from the public. The Chairman briefed attendees on the company's financial highlights for FY26, industry overview, and future outlook, including initiatives focused on innovation and modernization. The record date for voting eligibility was September 23, 2026, at which point the total number of shareholders on record stood at 3,727.

Resolutions passed

Shareholders passed all four resolutions proposed in the notice dated September 3, 2026, covering adoption of financial statements, leadership continuity, and cost auditor remuneration.

Voting results summary

The company provided remote e-voting via the National Securities Depository Limited (NSDL) platform from September 27 to September 29, 2026, and poll voting at the meeting for shareholders who had not previously cast their vote electronically. The following table summarises the consolidated voting outcome for each resolution.

For Resolution 3, votes totalling 4,490,675 cast by Purushottam R Agarwal, Purushottam R Agarwal HUF, Mrs. Somna Agarwal, Mrs. Niramaladevi Agarwal, and M/s Tilokchand and Sons were excluded from the count as the promoter group is an interested party in that resolution. Similarly, for Resolution 2, votes of 1,949,530 cast by Purushottam R Agarwal were not counted. Across all resolutions, 25,720 poll paper votes were invalidated due to signature mismatch.

Governance and scrutinizer details

All directors were present at the meeting except Yashree Dixit, Independent Director, and Hemangni Akshaykumar Vasoya, Company Secretary and Compliance Officer, both of whom were granted leave of absence. Representatives from the statutory auditor, Nahta Jain & Associates, and the secretarial auditor, Shah and Shah Associates, also attended.

Mukesh H. Shah of M/s Mukesh H. Shah & Co., holding membership number 5827, was appointed as scrutinizer at the board meeting on September 3, 2026. The scrutinizer's consolidated report was issued to the company on October 1, 2026. Votes were unblocked on September 30, 2026, at around 12:30 pm in the presence of two witnesses, Bharat D Chaudhary and Dhruv Todi, who were not in the employment of the company. The voting results and scrutinizer's report were submitted to BSE Limited on October 2, 2026, in compliance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Shree Bhavya Fabrics has shared the web-link for its Annual Report and Notice of the 38th Annual General Meeting (AGM) for FY26. The company informed the BSE on September 7, 2026, that physical letters containing this link have been dispatched to shareholders who have not registered their email addresses.

The Board of Directors had previously approved these documents during its meeting held on September 3, 2026. The company also recommended the re-appointment of Managing Director Purushottam Radheshyam Agarwal, who retires by rotation but is eligible for re-appointment under Section 152(6) of the Companies Act, 2013.

Shareholder Communication

Pursuant to Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, Shree Bhavya Fabrics sent electronic copies of the notice and annual report to all shareholders with registered email addresses as on August 28, 2026. For those without registered emails, the company provided a direct web-link to access the FY25-26 Annual Report.

The company emphasized that registering an email ID and mobile number is now mandatory for electronic voting and joining virtual meetings. Shareholders holding shares in electronic mode are advised to update their details with their Depository Participants (DPs). Those holding physical shares must submit Form ISR-1 to the Registrar and Share Transfer Agent (RTA), M/s Bigshare Services Private Limited, along with necessary KYC details.

AGM Details

The 38th AGM is scheduled to be held physically at the company's registered office in Ahmedabad. The register of members and share transfer books will remain closed from September 24, 2026, to September 30, 2026.

The cut-off date for determining voting eligibility is September 23, 2026. The remote e-voting period commences on September 27, 2026, at 9:00 am and ends on September 29, 2026, at 5:00 pm. Mr. Mukesh H. Shah has been appointed as the Scrutinizer for the e-voting process.

Key Outcomes

In addition to the AGM approvals, the Board took on record the Secretarial Audit Report for FY25-26, issued by M/s Shah & Shah Associates. The disclosure was made under Regulation 30 of the SEBI Listing Regulations.