Shanti spintex Limited has announced its participation in the upcoming Arihant Bharat Connect Conference: Rising Stars 2026, as communicated to BSE Limited on March 3, 2026, under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Conference Details

The company has provided comprehensive details about its upcoming participation in the investor conference organized by Arihant Capital.

Investor Engagement

During the conference, Shanti Spintex Limited representatives will engage in discussions with investors and analysts. The company has specifically stated that no unpublished price sensitive information (UPSI) will be shared during these interactions, ensuring compliance with regulatory guidelines and maintaining transparency standards.

Regulatory Compliance

The announcement was made pursuant to Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Company Secretary and Compliance Officer Mohini Singhal signed the communication, emphasizing the company's commitment to proper disclosure practices and regulatory adherence.

The virtual format of the conference allows for broader participation while maintaining accessibility for investors and analysts interested in engaging with the company's management team.

Shanti spintex Limited's Board of Directors held a strategic meeting on 27th February 2026, approving several key business decisions that position the company for expanded operations and growth opportunities. The meeting was conducted at the company's corporate office in Ahmedabad from 4:30 P.M. to 5:05 P.M.

Board Meeting Decisions

The board meeting resulted in three major approvals that will impact the company's operational and financial framework:

NCLT Resolution Process Participation

The board approved Shanti Spintex Limited's participation as a consortium member in the Corporate Insolvency Resolution Process (CIRP) of Rajeshwari Cotspin Limited. This decision involves submitting an Expression of Interest (EOI) and Resolution Plan to the National Company Law Tribunal (NCLT), subject to applicable legal provisions. The participation in this resolution process demonstrates the company's strategic approach to business expansion through acquisition opportunities.

Financial Infrastructure Enhancement

The board authorized the company to avail credit facilities from various financial institutions and lenders, specifically including Tata Capital Limited. This approval encompasses the execution of necessary facility documents and creation of appropriate security arrangements. The enhanced credit facilities will provide the company with improved financial flexibility for its operations and growth initiatives.

Commodity Trading Authorization

In a move to diversify its trading capabilities, the board approved opening trading accounts and registration as Client/Beneficial Owner (BO) with authorized commodity exchange members. This decision includes authorization of designated signatories for undertaking commodity transactions, expanding the company's operational scope into commodity trading activities.

Meeting Details

The board meeting was held at Shanti Spintex Limited's corporate office located at A-1601, Navratna Corporate Park, Ambli Bopal Road, Ahmedabad – 380058, Gujarat. Company Secretary and Compliance Officer Mohini Singhal (Membership No. A47724) signed the regulatory disclosure, ensuring compliance with SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.