Garware Synthetics Limited has published the official scrutinizer report for its extraordinary general meeting held on February 28, 2026, confirming the unanimous approval of Mrs. Sheetal Sawant's appointment as Independent Director. The comprehensive documentation provides detailed voting results and regulatory compliance confirmation.

Scrutinizer Report and Regulatory Documentation

Mr. Suhas S. Ganpule, practicing company secretary from SG & Associates, served as the appointed scrutinizer for the voting process. The report was submitted pursuant to Section 108 of the Companies Act, 2013 and Rule 20(4)(xii) of the Companies (Management and Administration) Rules, 2014. Central Depository Services (India) Limited (CDSL) provided the e-voting platform for both remote voting and live meeting participation.

Director Appointment Details

The meeting addressed the appointment of Mrs. Sheetal Sawant (DIN: 11404037) as Independent Director through a special resolution. Her appointment term spans five years from December 02, 2025 to December 01, 2030. Mrs. Sawant holds a master's degree in commerce and brings valuable private sector experience in purchase and administration fields.

Comprehensive Voting Results

The resolution received unanimous support from all participating shareholders across both voting methods. The remote e-voting period remained open from February 25, 2026 (9:00 AM) to February 27, 2026 (5:00 PM), with additional e-voting facility available during the live meeting.

Meeting Process and Compliance

The meeting was conducted through video conferencing with shareholders having cut-off date eligibility as of February 21, 2026. The votes were unblocked on February 28, 2026, in the presence of independent witnesses Ms. Archita Biyani and Ms. Avni Rathod. The notice dated February 02, 2026, was distributed electronically to registered email addresses in compliance with MCA circulars and SEBI regulations. Director Deepak Pandurang Kamble (DIN: 09718203) signed the communication to BSE Limited under scrip code 514400, confirming regulatory compliance under SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

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:

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.