Kizi Apparels Limited has issued a clarification to BSE Limited regarding recent movements in its share price, attributing the fluctuations to prevailing market conditions that remain beyond the company's direct control.

Regulatory Compliance Confirmation

In its filing dated February 13, 2026, the company responded to BSE's surveillance inquiry reference number L/SURV/ONL/PV/AJ/2025-2026/3367 dated February 10, 2026. The company emphasized its adherence to regulatory disclosure requirements under SEBI guidelines.

Company's Position on Price Movement

Kizi Apparels stated that it has consistently communicated all material events and price-sensitive information that could significantly impact the company's operations and performance. The company confirmed compliance with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The management clarified that the observed price movements are entirely based on market conditions and emphasized that the company does not possess any specific material reasons that would explain the recent share price fluctuations.

Management Response

The clarification was signed by Abhishek Nathani, Managing Director with DIN: 10086861, who digitally authenticated the document on February 13, 2026. The filing reinforces the company's commitment to transparent communication with regulatory authorities and market participants regarding any developments that may influence investor sentiment or share price performance.

Kizi Apparels LIMITED has announced a significant change in its capital restructuring plans. The company's Board of Directors has decided to revoke a previously approved resolution that would have increased the authorized share capital from ₹8.00 crore to ₹25.00 crore.

Key Details of the Revocation

Rationale Behind the Decision

The Board cited several reasons for this strategic move:

1. Postponed Expansion: The capital increase was initially intended to support specific expansion plans or projects, which have now been postponed.

2. Future Alignment: The board stated that the matter may be revisited at a more appropriate time, aligning with the company's future funding and growth strategies.

3. Temporary Hold: The decision represents a temporary hold on the proposed increase rather than a permanent cancellation.

Procedural Aspects

• The revocation was approved at a board meeting held on October 14, 2025.
• The meeting commenced at 6:00 PM and concluded at 10:30 PM.
• The company confirmed that no filing in Form SH-7 had been made with the Registrar of Companies regarding the initial increase.
• The revocation is subject to shareholder approval.

Next Steps

Kizi Apparels LIMITED has stated that it will soon intimate stock exchanges about a members' meeting to seek approval for this revocation. The company's management, led by Managing Director Mr. Abhishek Nathani, has been authorized to take necessary actions to implement this decision.

This move by Kizi Apparels LIMITED demonstrates the company's adaptability to changing business conditions and its commitment to aligning capital structure with current operational needs and future growth plans.