KIZI Apparels Limited has successfully completed its 8th Extraordinary General Meeting and submitted the comprehensive voting results to the Bombay Stock Exchange pursuant to Regulation 44 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Meeting Overview and Participation

The 8th Extraordinary General Meeting was conducted on Monday, March 09, 2026, from 3:00 PM to 3:10 PM through Video Conferencing/Other Audio-Visual Means (VC/OAVM). The meeting saw participation from both promoter group and public shareholders, with 4 promoter group members and 7 public shareholders attending through video conferencing.

E-Voting Process and Timeline

The remote e-voting process was managed by NSDL and remained open from Thursday, March 05, 2026 (9:00 AM IST) to Sunday, March 08, 2026 (5:00 PM IST). Members holding shares as on the cut-off date of Friday, February 27, 2026, were entitled to vote on both resolutions. The scrutinizer, Jinang Dineshkumar Shah, Practicing Company Secretary, oversaw the entire voting process and prepared the comprehensive report.

Resolution 1: Capital Structure Enhancement

The first resolution regarding the increase in authorized share capital and alteration of the capital clause in the Memorandum of Association received overwhelming support from shareholders.

The resolution saw participation from both promoter group (4,502,300 votes) and public non-institutional shareholders (774,400 votes), with a total voting percentage of 67.48% on outstanding shares.

Resolution 2: Warrant Issuance Approval

The second resolution concerning the issue of warrants convertible into equity shares to persons and entities belonging to promoter/promoter group and public category on a preferential basis also received strong approval, despite being a special resolution requiring higher majority.

Notably, four members of the promoter group - Mr. Abhishek Nathani, Ms. Kiran Nathani, Ms. Suchitra Devi Nathani, and Mr. Raj Kumar Nathani - being interested parties in the proposed resolution, were restrained from voting and did not participate in the voting process for this resolution.

Regulatory Compliance and Documentation

The company has fulfilled all regulatory requirements by submitting the scrutinizer's report and voting results to the Bombay Stock Exchange. The voting results along with the scrutinizer's report have also been hosted on the company's website at https://kiziapparels.co.in/ for transparency and stakeholder access. The comprehensive documentation includes detailed breakdowns of votes by category, percentage calculations, and complete procedural compliance with applicable regulations.

Kizi Apparels Limited has issued a clarification to BSE Limited regarding recent movements in its share price, attributing the fluctuations to prevailing market conditions that remain beyond the company's direct control.

Regulatory Compliance Confirmation

In its filing dated February 13, 2026, the company responded to BSE's surveillance inquiry reference number L/SURV/ONL/PV/AJ/2025-2026/3367 dated February 10, 2026. The company emphasized its adherence to regulatory disclosure requirements under SEBI guidelines.

Company's Position on Price Movement

Kizi Apparels stated that it has consistently communicated all material events and price-sensitive information that could significantly impact the company's operations and performance. The company confirmed compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The management clarified that the observed price movements are entirely based on market conditions and emphasized that the company does not possess any specific material reasons that would explain the recent share price fluctuations.

Management Response

The clarification was signed by Abhishek Nathani, Managing Director with DIN: 10086861, who digitally authenticated the document on February 13, 2026. The filing reinforces the company's commitment to transparent communication with regulatory authorities and market participants regarding any developments that may influence investor sentiment or share price performance.