Swasti Vinayaka Synthetics has scheduled its 44th Annual General Meeting for Tuesday, September 29, 2026. The meeting will be held via Video Conferencing or Other Audio Visual Means to address key governance matters and financial statements for FY26.

Governance and Board Appointments

Shareholders will vote on the reappointment of Mr. Aryan Rajesh Poddar as a Whole-Time Director for three years, from November 12, 2026, to November 11, 2029. This requires a special resolution because the aggregate remuneration of executive directors exceeds 5% of the company's net profit under Section 198 of the Companies Act, 2013.

The board also seeks approval to appoint Mr. Yash Rungta as an Independent Director for five years, commencing August 14, 2026. Mr. Rungta, a Chartered Accountant with over 15 years of experience, currently serves as Chairman of the Audit Committee at Swasti Vinayaka Art And Heritage Corporation Limited.

Financial Performance and Corporate Governance

The explanatory statement discloses total revenue of ₹338.74 crore and a Profit After Tax (PAT) of ₹305.02 lakh for the year ended March 31, 2026. The company attributes lukewarm demand in Western markets to international instability and high inflation, despite expanding its customer base and entering new export houses.

Notably, the company states it was not required to comply with SEBI Corporate Governance provisions for FY26 as its paid-up share capital and net worth were below prescribed thresholds as on March 31, 2025. However, these provisions become applicable from April 1, 2026, based on metrics as on March 31, 2026.

Related Party Transactions

The AGM will approve material related-party transactions (RPTs) with five entities linked to the promoter group, including Ashirwad Shelters Private Limited and Ivy League Fashions Private Limited. These transactions involve borrowings, loans, advances, and corporate guarantees.

All proposed RPTs are priced on an arm's length basis. The board notes that these arrangements facilitate funding, liquidity, and operational requirements.

Secretarial Audit and Voting

Sandeep Dar & Co has been recommended for appointment as Secretarial Auditor for five consecutive years, from FY27 to FY31. Remote e-voting will be facilitated by Bigshare Services Private Limited, with voting open from September 24 to September 28, 2026.

Swasti Vinayaka Synthetics has scheduled its 44th Annual General Meeting for Tuesday, September 29, 2026. The Board of Directors approved the convening of the meeting during a session held on Saturday, August 29, 2026, at its corporate office in Mumbai.

The company confirmed that the AGM will be conducted through Video Conferencing for the financial year ended March 31, 2026. This follows the approval of the Board's Report for FY26 during the same session.

Key Dates and Procedures

Shareholders must note the following critical dates regarding eligibility and voting rights:

• Register Closure: The Register of Members and Share Transfer Books will be closed from September 23, 2026, to September 29, 2026 (both days inclusive).
• E-voting Cutoff: The cutoff date for determining shareholder eligibility for e-voting is fixed as September 22, 2026.

Board Meeting Details

The Board Meeting commenced at 10:30 am and concluded at 11:30 am on August 29, 2026. The decisions were taken pursuant to Regulation 30 of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Rajesh Poddar, Managing Director, signed the disclosure submitted to BSE Limited.