Sihora Industries Limited has designated its Key Managerial Personnel (KMP) to determine the materiality of events and handle disclosures to stock exchanges. This move ensures compliance with Regulation 30(5) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The authorisation was approved during a board meeting held on July 15, 2026.

The Board of Directors assigned specific responsibilities to three senior executives. Mr. Gautam Vallabhbhai Sihora, Chairman and Managing Director, is authorised to determine the materiality of events or information. Mrs. Priyal Gautamkumar Sihora, Whole Time Director, is responsible for making disclosures of material events. Mrs. Dhara Jatin Vaghasiya, Company Secretary & Compliance Officer, is also part of the authorised team.

The company has provided contact details for the Chairman and Managing Director to facilitate communication regarding these disclosures. The designated contact number is +91 9824152000, and the email address is compliance@sihoragroup.com .

The details regarding the authorised personnel have been uploaded on the company's official website. Sihora Industries Limited, formerly known as Sihora Industries Private Limited, is headquartered in Surat.

Sihora Industries Limited's board has approved the utilization of ₹63.74 lakh in unutilized IPO proceeds to purchase new machinery, aiming to expand its product portfolio to include zipper chains and finished zippers. The decision, taken on July 15, 2026, involves altering the terms of the objects of the public issue originally stated in the prospectus dated October 06, 2025. The company cited factors such as substantial increases in acquisition costs, foreign exchange fluctuations, and limited commercial viability for cancelling previous equipment purchases, including a Needle Loom Regular Jacquard Machine and a Power Pack Diesel Generator.

The board specifically approved the acquisition of four Crochet Knitted Machines, twelve Coiling Machines, and twelve Stitching Machines. This strategic shift is intended to enable value-added manufacturing activities. Any additional expenditure required for these acquisitions will be funded from the company's internal accruals. The proposal requires shareholder approval via a special resolution, for which the board has approved a draft notice of postal ballot.

The utilization of funds addresses specific unutilized amounts from the issue proceeds. A total of ₹77.08 lakh remained unutilized, of which ₹16.57 lakh is allocated for existing commitments, leaving a balance of ₹60.50 lakh. Additionally, ₹9.24 lakh remained unutilized for market maker payments, with ₹6.00 lakh proposed for future payments and ₹3.24 lakh remaining as a balance. The total unutilized amount available for the new machinery is ₹63.74 lakh.

The board also appointed National Securities Depository Limited (NSDL) as the Remote E-Voting Agency for the postal ballot process. CS Hardikkumar Jetani, a Practicing Company Secretary, was appointed as the Scrutinizer to ensure the e-voting process is conducted fairly and transparently. The meeting was commenced at 04.00 P.M. and concluded at 04.30 P.M. on July 15, 2026.

Utilization of Unutilized IPO Proceeds

The following table details the allocation of the unutilized issue proceeds:

Key Approvals

• Alteration of Objects: Approved to change the terms of the public issue objects stated in the prospectus dated October 06, 2025.
• Machinery Purchase: Approved the purchase of 4 Crochet Knitted Machines, 12 Coiling Machines, and 12 Stitching Machines.
• Postal Ballot: Appointed NSDL as Remote E-Voting Agency and CS Hardikkumar Jetani as Scrutinizer for the postal ballot process.