Yarn Syndicate Limited has accepted the resignation of Ms. Shrasti Dubey from the position of Company Secretary and Compliance Officer, effective from the close of business hours on July 17, 2026. The resignation, tendered on June 29, 2026, was attributed to personal reasons, with the company confirming no other material factors were involved in the decision. The transition follows standard regulatory disclosures required for changes in Key Managerial Personnel.

The intimation was submitted to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The filing referenced the specific security ID YARNSYN and code 514378. The company also cited a relevant SEBI circular dated January 30, 2026, regarding the detailed disclosure format for such resignations.

Resignation Details

The official disclosure outlined the specifics of the departure, noting that Ms. Dubey served as a Key Managerial Personnel. The company confirmed that the resignation letter contained the full rationale and that no additional material reasons existed beyond those stated.

In her resignation letter, Ms. Dubey expressed gratitude to the Board of Directors and colleagues for the professional experience gained during her tenure. She committed to ensuring a smooth transition of responsibilities and extending full cooperation during the handover process. The company has been requested to file the necessary forms, including Form Dir-12, with the Registrar of Companies and inform the stock exchanges to give effect to the resignation.

Yarn Syndicate Limited has fixed Monday, June 22, 2026, as the last date for the payment of the First and Final Call Money on partly paid-up equity shares issued during the rights issue. The call money is set at ₹13.50 per share, which includes ₹5 towards face value and ₹8.50 towards premium. Shareholders must ensure payment is made on or before the due date to avoid the forfeiture of shares and deductions from future dividends.

The Board of Directors, at its meeting on March 9, 2026, approved the First and Final Call Money. This call pertains to the outstanding balance on partly paid-up equity shares issued during the rights issue that opened on January 24, 2024. The shares were originally allotted at an issue price of ₹27 per share, with ₹13.50 received as application money at the time of allotment on February 27, 2024.

The company has fixed Friday, May 10, 2026, as the record date to determine eligible shareholders for the payment. Trading of the partly paid-up equity shares (ISIN: IN9593A01014) has been suspended on the Stock Exchange effective from the record date, Friday, May 10, 2026. The company has notified BSE Limited regarding the record date and the call notice.

The payment window for the First and Final Call Money is open from Monday, June 8, 2026, to Monday, June 22, 2026. Shareholders can utilize the ASBA facility, either online through Self-Certified Syndicate Banks (SCSBs) or via physical submission at designated branches. Additionally, payments can be made through 3-in-1 online trading accounts offered by brokers.

Consequences for non-payment include the forfeiture of partly paid-up equity shares and the amount already paid thereon. The company reserves the right to deduct outstanding call amounts from any future dividends payable to the shareholder. Detailed instructions and the ASBA application form are available on the company’s website and the registrar’s portal.