Shree Rajasthan Syntex Ltd has submitted its quarterly compliance statement to the Bombay Stock Exchange, confirming no deviation or variation in the utilization of funds raised through preferential issue during the quarter ended December 31, 2025. The statement was filed in accordance with Regulation 32 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Fund Raising Details

The company successfully raised Rs. 1076.56 lakhs through equity preferential issue on November 28, 2025. The funds were allocated across four specific objectives to strengthen the company's financial position and operational capabilities.

Fund Utilization Breakdown

The company has provided detailed utilization status across all four designated objects. Two objectives have been fully completed, while two others show partial utilization with remaining funds pending deployment.

Debt Repayment and Employee Obligations

The company has successfully completed repayment of unsecured inter-corporate loans from non-promoter entities, utilizing the full allocated amount of Rs. 255.00 lakhs. Additionally, all outstanding dues to workmen and employees have been cleared with the complete utilization of Rs. 65.00 lakhs allocated for this purpose.

Working Capital and Capital Expenditure

For working capital requirements, including preferential issue expenses, creditor payments, and business expenses, the company has utilized Rs. 276.42 lakhs out of the allocated Rs. 456.56 lakhs, leaving Rs. 180.14 lakhs pending utilization. The capital expenditure segment, designated for purchasing new machinery and equipment, shows utilization of Rs. 37.54 lakhs against the allocated Rs. 300.00 lakhs, with Rs. 262.46 lakhs remaining for future deployment.

Regulatory Compliance

The statement was signed by Anubhav Ladia, Whole Time Director and CFO (DIN: 00168312), confirming the company's adherence to regulatory requirements. No monitoring agency oversight was required for this fund raising exercise, and no audit committee or auditor comments were necessary given the absence of any deviation.

Shree Rajasthan Syntex Limited has announced the appointment of Mrs. Soniya Murotiya as Company Secretary and Compliance Officer, effective December 27, 2025. This appointment comes following the resignation of the previous Company Secretary and Compliance Officer, Rahul Bolia, who stepped down on December 26, 2025, citing another work opportunity.

Board Meeting Outcome

The Board of Directors approved the appointment during their meeting held on December 27, 2025, at the company's registered office from 5:00 PM to 5:30 PM. The decision ensures continuity in the critical compliance and secretarial functions of the textile company. The appointment has been made pursuant to Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Professional Qualifications

Mrs. Soniya Murotiya brings substantial qualifications to her new role. She has been a qualified Company Secretary since 2017 and holds Associate membership of the Institute of Company Secretaries of India (ICSI) with membership number A57938. Additionally, she is a qualified Chartered Accountant, providing dual expertise in both secretarial and financial domains.

Regulatory Compliance

The appointment has been made in accordance with Regulation 30 of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The company has provided comprehensive disclosures as required under Part A of Schedule III of the listing regulations, along with SEBI Circular No. SEBI/HO/CFD/PoD2/CIR/P/2023/120 dated July 11, 2023.

Anubhav Ladia, Whole-Time Director and CFO, signed the official communication to the Bombay Stock Exchange, ensuring all regulatory requirements are met. The company confirmed that Mrs. Murotiya has no relationships with existing directors, maintaining independence in her role.

Company Overview

Shree Rajasthan Syntex Limited, incorporated in 1979, operates from its registered office at Plot No. 106, Opposite Fire Brigade Station, Syntex Chauraha, Bhicchiwara Road, Dungarpur, Rajasthan. The company operates in the textiles sector with a small-cap market capitalization of ₹44.77 crores.