Birla Cotsyn (India) Limited has formally announced the closure of its wholly owned subsidiary in the United Arab Emirates, marking the end of its international operations in the region. The company informed BSE Limited about this corporate restructuring move through a regulatory filing under SEBI disclosure requirements.

Subsidiary Closure Details

The closed entity, M/s. Birla Cotsyn (India) Limited FZE, was located in Hamriyah Free Zone, Sharjah, United Arab Emirates. The closure became effective from September 29, 2025, following the necessary corporate approvals.

Corporate Governance Process

The closure followed a structured approval process within the company's governance framework. The board of directors initially approved the closure proposal during their meeting held on September 1, 2025. Subsequently, shareholders provided their consent through the Annual General Meeting conducted on September 29, 2025.

The company has fulfilled its regulatory obligations by filing the necessary disclosures under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, in compliance with SEBI Circular No. SEBI/HO/CFD/PoD-2/CIR/P/0155 dated November 11, 2024.

Background and Operational Status

The subsidiary had remained non-operational during a significant period when Birla Cotsyn (India) Limited was undergoing Corporate Insolvency Resolution Process (CIRP) and subsequent liquidation proceedings under the Insolvency and Bankruptcy Code, 2016. During this period, the UAE subsidiary did not acquire any assets and conducted no business operations.

Documentation and Records

Following the approved Scheme of Compromise and Arrangements sanctioned by the Hon'ble NCLT Mumbai Bench, the company has disclosed that no records or related documents pertaining to the subsidiary were available with the liquidator or handed over to the acquirer. This situation arose due to the complex restructuring process the parent company underwent.

Regulatory Compliance

Birla Cotsyn has ensured full transparency by making the disclosure available on its official website at www.birlacotsyn.com , in addition to filing with the stock exchange. The closure represents a strategic simplification of the company's corporate structure, eliminating a non-operational international entity from its portfolio.

Birla Cotsyn (India) Limited has announced the approval of its unaudited financial results for the quarter and nine months ended December 31, 2025. The textile company's Board of Directors convened on February 14, 2026, to consider and approve the Q3FY26 financial statements in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Board Meeting Details

The Board meeting was conducted on Saturday, February 14, 2026, with specific timing and regulatory compliance measures in place.

Financial Results Framework

The unaudited financial results have been prepared following established accounting standards and regulatory requirements. The company has ensured compliance with Indian Accounting Standard 34 "Interim Financial Reporting" (Ind AS 34), prescribed under section 133 of the Companies Act, 2013.

The financial statements cover both quarterly performance and nine-month cumulative results for the period ended December 31, 2025, providing comprehensive insights into the company's operational and financial performance during Q3FY26.

Auditor Review and Compliance

Jain Kothari & Co., Chartered Accountants, conducted an independent review of the quarterly unaudited standalone interim financial results. The audit firm, with FRN: 022340C, completed their review in accordance with Standard on Review Engagements (SRE) 2410.

The auditors confirmed that nothing came to their attention that would suggest the financial statements contain material misstatements or fail to comply with applicable accounting standards and SEBI regulations.

Trading Window and Market Disclosure

In accordance with SEBI (Prohibition of Insider Trading) Regulations, 2015, Birla Cotsyn (India) Limited has implemented a trading window closure protocol. The trading window for dealing in the company's securities will remain closed and will reopen 48 hours after the results are made public on February 14, 2026.

Company Secretary and Compliance Officer Gaurav Anand signed the regulatory disclosure, ensuring proper documentation and compliance with all applicable regulations for the BSE-listed company trading under scrip code 533006.