Yarn Syndicate Limited scheduled its 80th Annual General Meeting (AGM) for August 24, 2026, and moved to appoint a new secretarial auditor during a board meeting held on July 31, 2026. The corporate governance update ensures compliance with regulatory mandates while setting the timeline for shareholder engagement later this month.

The Board of Directors convened at the company’s registered office in Narol, Gujarat, commencing at 3:00 P.M. and concluding at 4:00 P.M. The meeting’s primary outcomes included fixing the date for the AGM and recommending the appointment of M/s. Jitendra Parmar & Associates as the Secretarial Auditor. Both decisions require subsequent shareholder ratification to become fully effective, aligning with standard corporate governance protocols under Indian law.

AGM Details and Format

The 80th AGM is set to take place on Monday, August 24, 2026, at 3:00 P.M. The company will conduct the meeting through Video Conference (VC) or Other Audio-Visual Means (OAVM), adhering to digital engagement standards. The notice of the AGM, along with the Director’s Report and other related documents, will be dispatched to shareholders in accordance with statutory timelines.

Secretarial Auditor Appointment

The Board recommended the appointment of M/s. Jitendra Parmar & Associates, based in Ahmedabad, as the Secretarial Auditor for a term of five consecutive years. This term covers the financial years from FY27 to FY31 (2026-27 to 2030-31). The appointment was made pursuant to the recommendation of the Audit Committee and complies with Section 204 of the Companies Act, 2013, read with Rule 8 of the Companies (Meetings of Board and its powers) Rules, 2014.

The firm holds FRN S2023GJ903900 and Peer Review Certificate No. 3523/2023. Its lead professional holds Membership No. FCS – 11336. The appointment is subject to shareholder approval at the ensuing AGM.

Regulatory Compliance

The disclosures were made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The appointment also aligns with Regulation 24A of the SEBI Listing Regulations. Additionally, the company referenced SEBI Circular No. SEBI/HO/CFD/CFD-PoD-1/P/CIR/2023/123 dated July 13, 2023, regarding the details provided in Annexure A of the filing.

What This Means for Shareholders

Shareholders must mark August 24, 2026, for the virtual AGM. They will vote on the appointment of the secretarial auditor for the next five-year cycle. The appointment ensures continuity in corporate governance oversight, with Jitendra Parmar & Associates bringing over nine years of experience in corporate legal matters, including expertise in Corporate Laws, Financial Management, and GST Laws.

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.