United Textiles Limited received applications from 18 members of its Promoter Group seeking reclassification from the "Promoter/Promoter Group" category to the "Public" category. The company filed this intimation with BSE on October 17, 2026, pursuant to Regulation 30 and Regulation 31A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The Board of Directors is scheduled to consider these requests at a meeting on Friday, November 13, 2026. If approved, the company will undertake necessary steps in compliance with Regulation 31A to update its shareholding pattern records.

Applicants and shareholding details

The applicants include individuals and Hindu Undivided Families (HUFs) associated with the Aggarwal family. Notably, a significant portion of the applicants hold zero equity shares or negligible amounts, indicating they may not have active economic stakes despite their historical classification as promoter group members.

Compliance certifications

Each applicant submitted declarations confirming compliance with Regulation 31A(3) conditions. Key certifications include:

• Holding no more than 10% of total voting rights individually or with related persons.
• No direct or indirect control over company affairs or policy decisions.
• No representation on the Board of Directors or key managerial positions.
• No pending regulatory actions or status as wilful defaulters.
• Agreement to maintain public category status for at least three years post-reclassification.

Deceased promoters and record updates

The filing also disclosed two deceased individuals currently listed in the promoter group records:

For Late Mr. Shiv Kumar Agarwal, who held 100 shares, the company is coordinating with its Registrar and Share Transfer Agent to complete formalities for updating records. Late Ms. Pushpa Agarwal held no shares.

What the numbers show

A review of the applicant list reveals that 12 out of 18 applicants hold zero equity shares, representing 0.00% of voting rights. Only two applicants hold more than 100 shares: Amit Kumar Aggarwal (17,200 shares, 0.57%) and Ashok Kumar Agarwal (5,700 shares, 0.19%). The combined shareholding of all 18 applicants is 23,200 shares. This concentration suggests that the majority of those seeking reclassification are nominal holders or family members with no current economic stake, aligning with SEBI's intent to clean up promoter group definitions where control or significant holding does not exist.

United Textiles Limited disclosed the voting results of its 33rd Annual General Meeting held on September 29, 2026, with both resolutions passing unanimously, drawing 1,151,501 total valid votes in favour and zero against.

The meeting was held at the company's registered office at 7th KM Stone, Barwala Road, Hisar, Haryana, commencing at 11:00 am and concluding at 12:45 pm. Vivek Aggarwal, Whole Time Director, chaired the proceedings. As on the cut-off date of September 22, 2026, the company had 4,915 shareholders on record. A total of 34 members attended in person, comprising 5 from the promoter and promoter group and 29 from the public. No proxies were received, and no members attended via video conferencing.

Resolutions passed

Two ordinary resolutions were put to vote and passed with the requisite majority. The agenda covered adoption of the audited financial statements for FY26 and the reappointment of Sonu Aggarwal (DIN: 09113260) as director retiring by rotation.

The promoter and promoter group were not interested in Resolution 1, while they were interested in Resolution 2, as disclosed in the voting results.

Detailed voting results

Voting was conducted via remote e-voting and physical poll (ballot paper). The remote e-voting window was open from September 26, 2026 (9:00 am) to September 28, 2026 (5:00 pm) on the NSDL platform. National Securities Depository Limited served as the e-voting service provider. The following tables detail the category-wise voting outcome for each resolution.

Resolution 1: Adoption of audited financial statements for FY26

Resolution 2: Reappointment of Sonu Aggarwal as director

Scrutinizer's report and compliance

Pardeep Jindal, Chartered Accountant (Membership No. 500411) of Jindal G & Associates, was appointed as scrutinizer to oversee the remote e-voting and physical poll processes. After completion of polling, votes cast through remote e-voting and ballot paper were unblocked in the presence of two witnesses, Purshotam Sharma and Ashok Verma, who are not in the employment of the company. The consolidated results were subsequently filed with BSE and placed on the company's website and the NSDL platform, in compliance with Regulation 44(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The Chairman provided an overview of the company's financial performance for FY26 prior to the voting process. No additional business or special resolutions were transacted during the meeting.