Yarn Syndicate Limited has appointed Ms. Shrasti Dubey as its Company Secretary and Compliance Officer effective May 28, 2026, strengthening its corporate governance framework. The board approved the appointment during a meeting held on Thursday, based on the recommendation of the Nomination and Remuneration Committee. Ms. Dubey assumes the key regulatory role immediately, overseeing compliance with the Companies Act and SEBI regulations.

The appointment was intimated to BSE Limited under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure references a specific SEBI circular dated January 30, 2026, regarding the details required for such appointments. The company confirmed that all necessary disclosures regarding the new officer have been submitted to the exchange.

Ms. Shrasti Dubey is an Associate Member of the Institute of Company Secretaries of India, holding Membership No. A75085. She is a B.Com graduate from Barkatullah University and has completed 21 months of professional training. Her professional background includes 1.6 years of experience specifically in secretarial compliances and corporate governance.

Profile of the Appointee

Ms. Dubey's experience includes exposure to matters relating to the Companies Act, SEBI regulations, and other regulatory compliances. The company stated that she possesses a sound understanding of corporate governance and the requirements for compliance with applicable laws. Her credentials were detailed in the annexure submitted to the stock exchange.

The following table summarizes the key details of the appointment:

Yarn Syndicate reported a 31.1% decline in net profit for the financial year ended March 31, 2026, to ₹94.58 lakh, down from ₹137.15 lakh in the previous year. Revenue from operations for the year rose 12% to ₹5,555.78 lakh from ₹4,961.41 lakh in FY25. The company’s board approved the audited standalone and consolidated financial results at a meeting held on May 28, 2026.

For the quarter ended March 31, 2026, the company reported a net loss of ₹73.46 lakh, compared to a profit of ₹111.51 lakh in the same period last year. Revenue for the quarter dropped significantly to ₹273.46 lakh from ₹3,266.52 lakh in Q4FY25. Total expenses for the quarter stood at ₹338.60 lakh.

Key Financial Standalone Results

On a consolidated basis, the company reported a net loss of ₹52.47 lakh for FY26, compared to a net loss of ₹129.15 lakh in the previous year. Consolidated revenue for the year increased to ₹5,721.94 lakh from ₹5,429.87 lakh. The results include the financials of associate Stitched Textiles Limited.

The statutory auditor, S S R V & Associates, audited the standalone and consolidated financial results. The report confirms that the statements give a true and fair view of the company's financial position in conformity with Indian accounting standards.