Suditi Industries has scheduled its 35th Annual General Meeting (AGM) for Wednesday, September 30, 2026. The meeting will be held at 4:00 pm via video conference or other audio-visual means.

The company disclosed the details in a letter dated September 8, 2026, addressed to the Bombay Stock Exchange Listing Department. The filing confirms compliance with Regulations 30 and 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Key Dates and Voting Schedule

Shareholders registered with the company’s Registrar and Share Transfer Agent or depositories will receive the annual report and AGM notice via email on September 8, 2026. The following dates govern participation:

Agenda Items

The primary business for the AGM includes receiving, considering, and adopting the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Additionally, shareholders will vote on the re-appointment of Mr. Raja Gopal Chinraj as Director. He retires by rotation in terms of Section 152(6) of the Companies Act, 2013, and has offered himself for re-appointment.

Mr. Chinraj serves as the Whole-time Director and CEO of Suditi Industries. He brings approximately 48 years of experience in the textile industry. His tenure on the board began on May 30, 2018.

Regulatory Compliance

The disclosure aligns with Part A of Schedule III of the SEBI Listing Regulations. Pawan Agarwal, Director of Suditi Industries, signed the communication. The company’s registered office is located in Navi Mumbai.

Suditi Industries promoters and their associates have converted outstanding warrants into equity shares, increasing their aggregate stake in the company. The disclosure filed with the Bombay Stock Exchange under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011, details the acquisition of 45,00,000 equity shares by Pawan Agarwal and Tanay Pawan Agarwal.

The transaction was executed on August 10, 2026, via the conversion of convertible share warrants. These warrants were originally allotted as part of a preferential issue and were convertible into one fully paid-up equity share of face value ₹10 each within 18 months of allotment. The conversion eliminates the outstanding warrant holdings for these specific promoters.

Shareholding Changes

Prior to this acquisition, the promoter group held 2,64,01,545 equity shares, representing 53.22% of the total share capital. They also held 45,00,000 warrants, which accounted for 7.27% of the diluted share capital.

Following the conversion:

• Pawan Agarwal acquired 30,00,000 shares.
• Tanay Pawan Agarwal acquired 15,00,000 shares.

The total number of equity shares held by the promoter group rose to 3,09,01,545. This brings their stake in the paid-up capital to 56.80%. The conversion resulted in a zero balance for the warrants held by these two individuals, reducing the overall diluted share capital impact from these instruments.

Capital Structure Impact

The company’s equity share capital increased from ₹49,60,70,240 (4,96,07,024 shares) to ₹54,40,70,240 (5,44,07,024 shares) post-acquisition. The total diluted share/voting capital stands at ₹61,87,46,910, comprising 6,18,74,691 equity shares.

The remaining members of the promoter group, including Shalini Pawan Agarwal, Rajendra Kishorilall Agarwal, Harsh Pawan Agarwal, Tanuj Pawan Agarwal, Shilpa Amit Agarwal, Archana Agarwal, Meena Gupta, R Piyarelall Pvt Ltd, Black Gold Leasing Pvt Ltd, and Intime Knits Private Limited, maintained their existing shareholdings without any change in absolute numbers, though their percentage stakes adjusted due to the increase in total paid-up capital.

What the Numbers Show

The complete conversion of the 4.5 million warrants by Pawan Agarwal and Tanay Pawan Agarwal signifies a consolidation of voting rights. By converting these instruments into equity, the promoters have locked in their expanded stake ahead of the original 18-month maturity window, removing potential dilution pressure from these specific securities in the near term.