Pashupati Cotspin Limited has dispatched its postal ballot notice dated February 26, 2026, to shareholders for approval of equity share sub-division and related amendments. The company's 8th Board Meeting of FY 2025-26, held on February 26, 2026, had earlier approved the 1:10 share split ratio, correcting an inadvertent error in initial communication that mentioned a 1:1 ratio.

Postal Ballot Details and Timeline

The postal ballot notice has been sent electronically to shareholders whose email addresses are registered with the company or depositories. The voting process is restricted to remote e-voting only, with NSDL providing the e-voting platform services.

Share Split Proposal Details

The postal ballot seeks shareholder approval for sub-division of equity shares where 1 existing share of Rs. 10.00 face value will be split into 10 shares of Re. 1.00 face value each. The proposal also includes alteration of the Capital Clause of the Memorandum of Association.

Capital Structure Impact

Strategic Rationale and Compliance

The company aims to make equity shares more affordable, enhance market liquidity, and broaden shareholder participation through this corporate action. The share split follows the company's successful migration from NSE Emerge to the main boards of NSE and BSE on July 17, 2025.

Shareholder Voting Process

Shareholders whose names appear in the register of members as on the cut-off date are eligible to vote. The postal ballot notice is available on the company's website at www.pashupaticotspin.com and NSDL's e-voting portal at www.evoting.nsdl.com . Members holding shares in demat form can vote through their depository participant accounts, while those with unregistered email addresses can contact cs@pashupaticotspin.com for registration.

The company expects to complete the share sub-division process within 2 to 2.5 months from receipt of all regulatory approvals and member approval through the postal ballot process.

Pashupati Cotspin Limited, a recently migrated company from NSE's SME platform to the main boards of NSE and BSE, has announced its upcoming Board of Directors meeting scheduled for August 13, 2025. The primary agenda of this meeting is to consider and approve the unaudited financial results for the quarter ended June 30, 2025.

Key Highlights

• The Board meeting is set for Wednesday, August 13, 2025, at the company's Corporate Office in Ahmedabad.
• The main agenda is to review and approve the unaudited financial results for Q1 FY2025-26 (quarter ending June 30, 2025).
• This marks Pashupati Cotspin's first quarterly results announcement since migrating to the main boards.

Recent Developments

Pashupati Cotspin Limited recently achieved a significant milestone in its corporate journey. The company successfully migrated from the National Stock Exchange's SME platform (EMERGE) to the main boards of both NSE and BSE. This transition became effective on July 17, 2025, marking a new chapter for the company in the broader equity market.

Regulatory Compliance

Following the migration to the main boards, Pashupati Cotspin is now subject to additional regulatory requirements. As per Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company is obligated to submit quarterly financial results. This requirement has become applicable to Pashupati Cotspin starting from the quarter ended June 30, 2025.

Trading Window Closure

In compliance with SEBI regulations and the company's internal Code of Conduct for insider trading prevention, Pashupati Cotspin has implemented a trading window closure. The trading window for the company's securities has been closed since July 17, 2025, coinciding with its listing on the main boards. This closure will remain in effect until 48 hours after the approval of the financial results by the Board.

The announcement of the Board meeting and the subsequent financial results will be closely watched by investors and market analysts, as it represents Pashupati Cotspin's first quarterly report as a main board listed company. This event may provide insights into the company's financial performance and its transition to the larger trading platforms.