Yajur Fibres Limited held its 44th Annual General Meeting on September 18, 2026, where shareholders approved the audited financial statements for FY26 and authorized management to grant loans and guarantees.

The meeting, conducted via video conferencing, saw the approval of ordinary business items including the adoption of standalone and consolidated annual financial statements for the fiscal year ended March 31, 2026. The Board also secured re-appointment of Mr. Pradip Debnath as Whole-time Director.

Key Resolutions Passed

Shareholders approved two special resolutions regarding corporate lending and investments:

• Approval for granting loans, giving guarantees, or providing security to persons covered under Section 185 of the Companies Act, 2013.
• Approval for granting loans, giving guarantees, securities, or making investments under Section 186 of the Companies Act, 2013.

Meeting Details

The quorum was present throughout the proceedings, with 22 members attending via VC/OAVM. Remote e-voting was facilitated by National Securities Depository Limited (NSDL) from September 15 to September 17, 2026, with a cut-off date of September 11, 2026.

Statutory Auditors M/s. R. Kothari & Co. LLP and Secretarial Auditor Mr. Rakesh Agrawal were present. The voting results will be submitted to the stock exchange within two working days.

Yajur Fibres has scheduled its 44th Annual General Meeting for September 18, 2026. The meeting will be conducted via video conference or other audio-visual means at 2:30 pm. Shareholders on record between September 12 and September 18, 2026, are eligible to attend or vote. The e-voting cut-off date is set for September 11, 2026.

The board approved the event details during a meeting held on August 25, 2026. The notice of the AGM forms part of the Annual Report for FY25-26. Pursuant to Regulation 36(1)(b) of the SEBI Listing Regulations, the company has sent a letter providing a web-link of the Annual Report for financial year 2025-26 to members who have not registered their e-mail addresses.

Key Agenda Items

The AGM will transact both ordinary and special business. Under ordinary business, shareholders will consider and adopt the audited standalone and consolidated financial statements for the financial year ended March 31, 2026. Additionally, the board will seek approval for the reappointment of Mr. Pradip Debnath as Whole-Time Director.

Mr. Debnath, aged 56, retires by rotation and offers himself for reappointment. He has been associated with the company since December 14, 2024, overseeing business development and manufacturing operations. His monthly remuneration is ₹1.74 lakh. He holds directorships in Kelvin Jute Limited, Yashoda Linen Yarn Limited, and Yajur One Investments Limited.

Special Resolutions

The most significant special business item involves seeking shareholder approval for granting loans, guarantees, and securities under Sections 185 and 186 of the Companies Act, 2013. The board proposes an aggregate limit of ₹500 crore for these transactions with its subsidiary, Yashoda Linen Yarn Limited.

Under Section 185, the company seeks consent to advance unsecured loans, including book debts, or provide guarantees/security for loans taken by Yashoda Linen Yarn Limited. This entity is covered under Section 185 as a person in whom a director is interested. The funds are intended for capital expenditure, working capital requirements, and purchase of fixed assets for principal business activities.

Under Section 186, the board seeks approval to invest in equity shares, preference shares, debentures, or other financial instruments of Yashoda Linen Yarn Limited. It also seeks permission to give unsecured loans and guarantees/securities in connection with such loans. This approval allows the company to exceed the standard limits prescribed under Section 186 (60% of paid-up share capital plus free reserves and securities premium, or 100% of free reserves and securities premium).

Governance Appointments

The board appointed Rakesh Agrawal & Co., a practicing company secretary firm, as the secretarial auditor for the financial year 2026-27. The appointment is effective from August 25, 2026. Mr. Rakesh Agrawal is a Fellow Member of the Institute of Company Secretaries of India and has no relationship with any director or key managerial personnel of the company.

Additionally, M Shahnawaz & Associates was appointed as the scrutinizer for e-voting during the annual general meeting.