Varvee Global has scheduled its 37th Annual General Meeting for September 30, 2026, seeking shareholder approval for material related party transactions totaling up to ₹200 crore across four group entities. The Board of Directors approved the notice and Director’s Report for FY26 on September 2, 2026.

The meeting will be conducted via Video Conferencing or Other Audio-Visual Means. Remote e-voting will commence on September 26, 2026, at 9:00 am and conclude on September 29, 2026, at 5:00 pm. The cut-off date for e-voting eligibility is September 23, 2026.

Key Resolutions

The primary agenda includes the reappointment of Mr. Tarachand Agrawal as Whole Time Director and the ratification of remuneration for cost auditors M/s. Anuj Aggrawal and Co. The most significant items involve approving material related party transactions (RPTs) with four related entities for FY27.

These transactions cover the sale and purchase of goods, services, property leasing, and agency appointments. Each entity’s proposed transaction limit represents 60.55% of the company’s consolidated turnover of ₹82.57 crore recorded in FY26. Under SEBI Listing Regulations, transactions exceeding 10% of annual consolidated turnover require shareholder approval.

Corporate Governance Details

Mr. Jaimin Kailash Gupta serves as Chairman and Managing Director. The company disclosed that these related party transactions are part of a strategic approach to leverage specialized expertise within the group, ensuring operational efficiency and alignment with broader business objectives. All transactions are intended to be conducted at arm’s length.

The register of members and share transfer books will remain closed from September 24, 2026, to September 30, 2026. Shareholders holding shares as on the record date of August 28, 2026, will receive the Annual Report electronically.

Varvee Global appointed Jaimin Gupta as Chief Financial Officer effective July 29, 2026, while Abira Mansuri resigned from her roles as Company Secretary, Compliance Officer, and Nodal Officer on the same day. The Board of Directors approved these changes during a meeting held on July 29, 2026, following recommendations from the Nomination and Remuneration Committee and the Audit Committee. These leadership shifts impact key compliance and financial oversight roles within the organization.

The Board approved Gupta's appointment based on joint recommendations from the Nomination and Remuneration Committee and the Audit Committee. The appointment aligns with disclosures required under Regulation 30 of the SEBI (Listing Obligations and Disclosures Requirements) Regulations, 2015, read with SEBI Circular No. SEBI/HO/49/14/14(7)2025-CFD-POD2/1/3762/2026 dated January 30, 2026. Gupta brings nine years of experience in the textile industry to the role.

Gupta is the founder and owner of Stitched Textiles Limited, a men's apparel retailing company. He also serves as a Director at VIRU Retail Pvt. Ltd., a joint venture between Stitched Textiles Limited and World of Virus for the brand "VS" of cricketer Virender Sehwag. Previously, he served as CEO of Vaxtex Cotfab Limited, an NSE Emerge listed company engaged in textile fabric manufacturing. His profile highlights extensive experience in finance, business strategy, corporate management, and the textile sector.

Concurrently, Abira Mansuri tendered her resignation from the posts of Company Secretary, Compliance Officer (Key Managerial Personnel), and Nodal Officer. She cited better opportunities as the reason for her departure. Her resignation letter, dated July 29, 2026, requested relief from responsibilities effective close of business hours on July 29, 2026.

The resignation complies with Regulation 30, read with Para A, Part A of Schedule III of the SEBI Listing Regulations, and the Industry Standards Note on Regulation 30. The company disclosed these details in accordance with SEBI Master Circular No. HO/49/14/14(7)2025-CFDPOD2/1/3762/2026 dated July 29, 2026. The Board meeting commenced at 6:20 P.M. and concluded at 6:35 P.M.

Key Leadership Changes

The following table summarises the leadership changes approved by the Board on July 29, 2026:

Regulatory Compliance

The disclosures were made pursuant to Regulation 30 of the SEBI (LODR) Regulations, 2015. The company provided Annexure A for the CFO appointment and Annexure B for the resignation details. The filings were submitted to both the BSE Ltd. and the National Stock Exchange of India Ltd. on July 29, 2026.