Sanrhea Technical Textiles Limited has issued a clarification to BSE Limited regarding recent price movements in its shares, responding to an exchange inquiry dated December 18, 2025.

Company's Response to BSE Inquiry

The textile company addressed BSE's request for clarification on significant movement in its security price through a formal communication dated December 21, 2025. The exchange had sought explanations for notable price fluctuations observed in the recent past.

Disclosure Compliance Statement

Sanrhea Technical Textiles emphasized its commitment to regulatory compliance in its response. The company stated that it has consistently informed the exchange of all events and information impacting its operations and performance. This includes price-sensitive information required to be disclosed under Regulation 30 and other applicable provisions of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

The management confirmed that no material information or events have been withheld that could, in their assessment, impact the price behavior of the company's shares.

Market-Driven Price Movement

The company attributed the recent share price movement to prevailing market conditions. Key points from their clarification include:

• Price movements are purely market-driven
• Management has no control over share price fluctuations
• No specific knowledge of reasons behind the price movement
• All material disclosures have been made in compliance with regulations

Corporate Communication

The clarification was signed by Dharmesh Patel, Company Secretary, on behalf of Sanrhea Technical Textiles Limited. The company expressed willingness to provide additional clarification or information if required by the exchange.

This response demonstrates the company's adherence to regulatory requirements and transparency in addressing exchange inquiries regarding unusual price movements in its securities.

Sanrhea Technical Textiles Limited , a leading manufacturer of industrial and technical fabrics, has successfully concluded its postal ballot process with shareholders approving both proposed resolutions regarding Managing Director Shri Tushar Patel's remuneration revision and reappointment.

Postal Ballot Results Overview

The remote e-voting process concluded on December 19, 2025, at 5:00 PM IST, with both special resolutions receiving overwhelming shareholder support. The voting results demonstrate strong confidence in the company's leadership direction.

Approved Remuneration Structure

Shareholders approved the revision in Shri Tushar Patel's remuneration, effective from December 1, 2025. The approved compensation package includes:

• Monthly salary increased to up to ₹21.00 lakh
• Commission structure at 1% of the company's net profits
• Various perquisites including leave travel allowance, medical expenses, and car provisions

Managing Director Reappointment Confirmed

The second resolution confirmed Shri Patel's reappointment as Managing Director for a three-year term commencing from August 1, 2026. The reappointment maintains the revised salary structure and commission framework approved in the first resolution.

Voting Process and Participation

The postal ballot process was conducted entirely through remote e-voting, facilitated by National Securities Depository Limited (NSDL). Key participation metrics include:

The voting process was overseen by scrutinizer Ashish Doshi of Spanj Associates, Company Secretaries, who confirmed the validity and transparency of the entire process.

Company Performance Context

The approved resolutions come against the backdrop of the company's mixed financial performance, with growth in total income and gross profit offset by a decline in net profit:

Despite challenges including raw material price volatility and global competition, the company remains optimistic about future growth prospects driven by increased infrastructure investments and expected expansion in cement, steel, mining, automobile, and tire industries.