Borana Weaves Limited Board Meeting Scheduled for January 22, 2026 to Consider Q3FY26 Financial Results

Borana Weaves Limited has announced that its board of directors will convene on January 22, 2026 at 4:30 PM at the company's registered office to consider and approve the standalone unaudited financial results for the quarter and nine months ending December 31, 2025. The meeting has been scheduled in compliance with Regulation 29 of the SEBI Listing Regulations.

Key Business Developments

The board meeting will address several significant operational milestones and strategic initiatives that demonstrate the company's growth trajectory and commitment to sustainability.

Production Expansion at Unit 4B

A major highlight of the meeting will be the discussion of production commencement at Unit 4B, where 64 Water Jet looms out of the proposed 160 Water Jet looms began operations on January 20, 2026. The company has indicated that the remaining looms are currently in transit and are expected to be commissioned in a phased manner.

Development Details:	Specifications
Looms Operational:	64 Water Jet (WJ) looms
Total Planned Capacity:	160 Water Jet (WJ) looms
Production Start Date:	January 20, 2026
Remaining Looms Status:	In transit, phased commissioning planned

Renewable Energy Initiatives

The board will review the company's strategic move towards renewable energy solutions, which includes two major projects aimed at optimizing power costs and enhancing sustainability.

Solar and Hybrid Power Projects

Borana Weaves Limited has awarded significant contracts for renewable energy development as part of its sustainability strategy:

Project Type:	Capacity	Contractor
Rooftop Solar Power:	3.545 MW	MAHALAXMI ELECTRICALS
Solar-Wind Hybrid:	19.79 MW	Clean Max Enviro Energy Solutions Ltd
Solar Component:	9.89 MW	Clean Max Enviro Energy Solutions Ltd
Wind Component:	9.90 MW	Clean Max Enviro Energy Solutions Ltd

Financial Considerations

The board meeting will also address important financial decisions to support the company's expansion and operational requirements.

Debt and Working Capital Enhancement

Two key financial proposals will be considered during the meeting:

Term Loan Approval: The board will consider approving incremental debt of ₹40.00 crore specifically for the Solar Wind Hybrid Project, subject to execution of definitive agreements and fulfillment of customary conditions
Working Capital Enhancement: Approval for enhancing working capital facilities by ₹20.00 crore, over and above the existing sanctioned working capital limits of ₹25.50 crore, to support increased scale of operations

Financial Parameter:	Amount (₹ Crore)
Proposed Term Loan:	40.00
Working Capital Enhancement:	20.00
Existing Working Capital Limit:	25.50
Total Working Capital (Post Enhancement):	45.50

Trading Window and Compliance

In accordance with the company's Code of Conduct and SEBI (Prohibition of Insider Trading) Regulations, 2015, the trading window closure period will end 48 hours after the results are made public on January 22, 2026. This ensures compliance with insider trading regulations and maintains market integrity during the results announcement period.

1 Day	5 Days	1 Month	6 Months	1 Year	5 Years
-1.30%	+3.54%	+13.84%	+38.43%	+23.18%	+23.18%

Borana Weaves Limited has announced a strategic investment of ₹1.00 crore in Attero Recycling Private Limited, marking the textile company's entry into the e-waste and battery recycling sector. The investment was approved during a board meeting held on January 3, 2026, demonstrating the company's commitment to diversifying its investment portfolio.

Board Meeting Details

The board of directors convened at the company's registered office located at Plot No Aa/34, B 16/16, Hojwala Ind. Estate, Susml, Sachin, Surat, Gujarat. The meeting commenced at 2:30 PM and concluded at 2:43 PM on January 3, 2026, where the investment proposal was formally approved.

Investment Specifications

The strategic investment details reveal Borana Weaves' focused approach toward the recycling industry:

Parameter	Details
Investment Amount	₹1,00,00,000.00 (One Crore)
Target Company	Attero Recycling Private Limited
Industry Focus	E-waste & Lithium-ion Battery Recycling
Investment Mode	Cash
Investment Nature	Strategic Investment
Board Approval Date	January 3, 2026

Target Company Profile

Attero Recycling Private Limited operates in the specialized sector of e-waste and lithium-ion battery recycling. This industry focus aligns with growing environmental concerns and the increasing need for sustainable waste management solutions. The investment represents a non-related party transaction, with no promoter or promoter group interest involved.

Transaction Structure

The investment structure demonstrates a straightforward cash-based approach:

Investment Classification: Strategic investment
Counterparty: Attero Recycling Private Limited
Related Party Status: No
Promoter Interest: None
Shareholding Percentage: To be determined post completion
Expected Completion: Within applicable legal timelines

Regulatory Compliance

The announcement was made in compliance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The disclosure follows the requirements under SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, ensuring complete transparency for stakeholders.

Corporate Leadership

The investment decision was signed off by Ankur Mangilal Borana, Executive Director and Chief Executive Officer (DIN: 01091164), reflecting the company's strategic direction under current leadership. The formal documentation was digitally signed on January 3, 2026, at 2:50 PM IST from the company's Surat location.