Yug Decor has scheduled its 23rd Annual General Meeting (AGM) for September 26, 2026. The company published the formal notice in newspapers on September 3, 2026, confirming the date and providing specific timelines for e-voting and book closure.

The meeting will be held at 12:00 noon at the company’s registered office in Ahmedabad. Shareholders holding shares as of the cut-off date of September 19, 2026, are eligible to vote. The company has enabled remote e-voting through Central Depository Services (India) Limited (CDSL).

E-Voting and Book Closure

Remote e-voting will commence on Wednesday, September 23, 2026, at 9:00 am and conclude on Friday, September 25, 2026, at 5:00 pm. Shareholders who do not cast their votes during this period can vote electronically during the physical meeting. Votes cast via the e-voting facility are final and cannot be changed subsequently.

The Register of Members, Share Transfer Books, and Register of Beneficial Owners will remain closed from Sunday, September 20, 2026, to Saturday, September 26, 2026, inclusive.

Director Appointments

The board previously reappointed Mr. Chandresh S. Saraswat as Managing Director and Ms. Ankita Saraswat as Whole-Time Director for five-year terms effective February 7, 2027. These appointments require shareholder approval at the upcoming AGM.

Mr. Sunil Thakore was appointed as an Additional Director in the Independent Director category on August 27, 2026. He holds this position until the AGM, after which shareholders may appoint him as an Independent Director for a five-year term.

Governance and Compliance

The company affirmed that none of the appointed or reappointed directors are debarred from holding office by SEBI or any other authority. Details regarding these appointments were disclosed pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Mr. Chandresh S. Saraswat brings over 40 years of experience in marketing within the timber, plywood, and FMCG sectors. Ms. Ankita Saraswat has managed marketing, human resources, and brand activities since 2012. Mr. Sunil Thakore has over three decades of experience in project management and the laminates/plywood industry.

Chandresh Saraswat HUF, a promoter group entity, acquired 20,700 shares of Yug Decor on August 25, 2026. The open market purchase on the BSE SME Platform raised its stake to 5.98% of the company’s total equity share capital.

The acquisition was disclosed under Regulation 29(2) of the SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Chandresh Saraswat, acting as Karta for the Hindu Undivided Family (HUF), filed the disclosure with the Bombay Stock Exchange on August 26, 2026.

Shareholding Pattern Change

Prior to the transaction, Chandresh Saraswat HUF held 9,47,681 shares, representing 5.85% of the total issued and paid-up equity share capital. None of these shares were encumbered or pledged.

Following the purchase of 20,700 shares at face value of ₹10 each, the holding increased to 9,68,381 shares. This represents 5.98% of the total voting capital. The total diluted share capital remains unchanged at 1,61,83,344 shares.

What the Numbers Show

The promoter group’s incremental buyback in the open market signals continued confidence in the company’s near-term prospects. With the stake rising from 5.85% to 5.98%, the promoter group maintains a minority but significant voting interest. The absence of any encumbrance on the newly acquired or existing shares indicates no immediate liquidity pressure on the promoter’s pledged collateral.