News Stocks Garware Synthetics Limited Announces Book Closure and EGM Details for February 2026Garware Synthetics Limited Announces Book Closure and EGM Details for February 2026
Garware Synthetics Limited announced key board meeting outcomes from February 2nd, 2026, including book closure from February 22-28, 2026 for an EGM scheduled on February 28th, 2026. The company approved e-voting facilities from February 25-27, 2026, regularization of Mrs. Sheetal Sawant as Independent Director for 5 years, and appointment of Mr. Suhas Ganpule as EGM scrutinizer. All decisions comply with SEBI regulations and Companies Act requirements.
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Garware Synthetics Limited has announced significant corporate governance developments following its board meeting held on February 2nd, 2026. The textile company's board approved several key resolutions related to an upcoming Extraordinary General Meeting (EGM) and important directorial appointments.
Board Meeting Outcomes
The board meeting, convened at 11:00 AM at the company's registered office, concluded at 12:15 PM after addressing multiple agenda items. The primary focus was on organizing an EGM scheduled for February 28th, 2026, to be conducted via Video Conference and Other Audio-Visual Means (OAVM).
Book Closure and Record Date Details
Pursuant to Section 91 of the Companies Act, 2013 and Regulation 42 of SEBI (LODR) Regulations, 2015, the company has declared specific dates for shareholder records:
| Parameter: | Details |
|---|---|
| Book Closure Period: | February 22nd to February 28th, 2026 (both days inclusive) |
| Cut-off Date: | February 21st, 2026 |
| EGM Date: | February 28th, 2026 |
| Meeting Mode: | Video Conference/OAVM |
During this period, the Register of Members and Share Transfer Books will remain closed for the purpose of the EGM.
E-Voting Facility for Shareholders
The board has approved e-voting facilities to ensure convenient participation for all shareholders. The electronic voting window will be available from February 25th, 2026 at 09:00 AM to February 27th, 2026 at 05:00 PM, providing shareholders with a three-day period to cast their votes on the proposed resolutions.
Key Appointments and Regularizations
Two significant appointments were approved during the board meeting:
Independent Director Regularization: The board approved the regularization of Mrs. Sheetal Sawant as an Independent Director for a period of 5 years, subject to members' approval during the EGM.
Scrutinizer Appointment: Mr. Suhas Ganpule, proprietor of M/s. SG & Associates and a Practicing Company Secretary (Membership No. 12122, CP No. 5722), has been appointed as scrutinizer for the EGM. SG & Associates is described as a peer-reviewed firm based in Mumbai, specializing in corporate law advisory services with expertise in Corporate Laws, Securities Laws, Foreign Exchange Management Laws, and Tax Laws.
Corporate Communication
The company has formally communicated these decisions to The Bombay Stock Exchange Limited and The Calcutta Stock Exchange, ensuring compliance with regulatory requirements. Garware Synthetics Limited, incorporated in 1969 with CIN L99999MH1969PLC014371, operates from its registered office and factory located in Thane, Maharashtra, and maintains ISO 9001:2015 certification.
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