Flexituff ventures International Limited has announced the resignation of Ms. Alka Sagar as Non-Executive Women Director, effective from the closure of business hours on January 29, 2026. The company informed stock exchanges about this corporate governance change through a formal communication dated January 30, 2026, in compliance with SEBI listing regulations.

Director Resignation Details

Ms. Alka Sagar, holding Director Identification Number 07138477, submitted her resignation letter on January 29, 2026, citing pre-occupation in other assignments as the primary reason for her departure. Her resignation becomes effective from the close of business hours on January 29, 2026.

Committee Memberships Impact

Ms. Sagar's resignation has broader implications for the company's committee structure. Her departure results in her automatic cessation as a member of multiple key committees:

• Nomination and Remuneration Committee
• Stakeholders' Relationship Committee
• Corporate Social Responsibility Committee

This change will require the company to reconstitute these committees to maintain proper governance structure and compliance with regulatory requirements.

Regulatory Compliance

The company has fulfilled its disclosure obligations under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation includes all required details as per Schedule III – Para A(7C) and references recent SEBI circulars dated November 11, 2024, and December 31, 2024.

Service Tenure

In her resignation letter, Ms. Sagar acknowledged her tenure on the board since March 13, 2015, expressing gratitude to fellow directors and Key Managerial Personnel for the opportunities to contribute to the company. She confirmed that there are no material reasons for her resignation beyond the stated pre-occupation in other assignments, as required under SEBI regulations.

The company will need to file necessary forms with the Registrar of Companies and complete other regulatory formalities following the director's departure.

Flexituff Ventures International Limited has received a penalty notice from the Bombay Stock Exchange (BSE) for failing to submit its financial results within the prescribed timeframe. The company, which earlier announced operational challenges affecting its Q2FY26 results submission, now faces regulatory consequences for the delay.

BSE Penalty Details

The regulatory penalty imposed by BSE includes the following components:

The fine has been imposed under SEBI Master Circular No. SEBI/HO/CFD/PoD2/CIR/P/0155 dated November 11, 2024, specifically for non-compliance with Regulation 33 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Original Operational Challenges

Manufacturing Disruptions

The company's Kashipur-based plant in Uttarakhand experienced significant operational disruptions due to:

• Critical raw material shortages affecting production
• Labor strike resulting from non-payment of wages and salaries
• Inability to access servers and financial records at the manufacturing facility

Regulatory Timeline

Flexituff Ventures was originally required to file its unaudited standalone and consolidated financial results for the quarter and half year ended September 30, 2025, by November 14, 2025.

Company Response and Compliance

The company has acknowledged receipt of the BSE penalty notice and confirmed that:

Rahul Chouhan, Whole Time Director, had earlier stated that the company is making every effort to complete and submit the financial results along with related party transaction details at the earliest.

Regulatory Framework

The penalty falls under the penal actions framework for non-compliance, where BSE levies ₹5,000 per day from the due date until compliance is achieved. The company has been advised to ensure future compliance with regulatory requirements and inform the Board of Directors about this non-compliance issue.

Current Status

The trading window for Flexituff Ventures' securities remains closed for designated persons until 48 hours after the declaration of financial results. The company continues to work on resolving its operational challenges while managing the regulatory consequences of the delayed submission.