Palash Securities Limited has announced that its Board of Directors will convene on February 13, 2026, to review and approve the company's quarterly financial performance. The meeting has been scheduled in accordance with regulatory requirements under SEBI listing obligations.

Board Meeting Details

The company has formally notified stock exchanges about the upcoming board meeting through an official communication dated February 4, 2026. The meeting agenda focuses on the consideration and approval of unaudited financial results for a specific reporting period.

Regulatory Compliance

The board meeting notice has been issued pursuant to Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. This regulation mandates listed companies to inform stock exchanges about board meetings where financial results will be considered.

Stock Exchange Communication

Palash Securities Limited has sent formal notifications to both major Indian stock exchanges regarding the scheduled board meeting. The company trades on NSE under the symbol PALASHSECU and on BSE with stock code 540648.

Company Information

The communication was signed by Vikram Kumar Mishra, Company Secretary (FCS: 11269), and digitally authenticated on February 4, 2026. The company is incorporated under CIN L74120UP2015PLC069675 with its registered office located in Hargaon, District Sitapur, Uttar Pradesh.

Palash Securities Limited has announced that Morton Foods Limited, its former material unlisted subsidiary, has successfully completed a rights issue, raising Rs. 10.26 crores. This corporate action has led to significant changes in the ownership structure and subsidiary status of Morton Foods.

Rights Issue Details

Impact on Ownership

The rights issue has had a notable impact on the ownership structure of Morton Foods:

• Palash Securities Limited declined to participate in the rights issue.
• As a result, Palash Securities' shareholding in Morton Foods has reduced to 44.95%.
• Consequently, Morton Foods ceased to be a material unlisted subsidiary of Palash Securities.

Corporate Communications

Both companies have made formal announcements regarding this development:

1. Morton Foods Limited: Informed Palash Securities about the completion of the rights issue and the subsequent change in subsidiary status.

2. Palash Securities Limited: Filed an intimation under Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, notifying the stock exchanges about Morton Foods ceasing to be its material unlisted subsidiary.

This corporate action demonstrates the dynamic nature of ownership structures in the business world and highlights the importance of rights issues as a means of raising capital. The decision of Palash Securities to not participate in the rights issue has led to a significant change in its relationship with Morton Foods.