Bhilwara Spinners Ltd

Board meeting timing

• Board meeting date to approve unaudited results will be advised in due course.

AGM Details

• AGM date/time: 24 September 2026 at 11:00 IST; mode: e-voting plus physical ballot.
• Cut-off date for voting: 17 September 2026; total shareholders on cutoff: 7,404.
• Shareholders present: Promoters Group 15; Public 68; voting via e-voting and poll.

Key Resolutions

• Resolution 1: Adoption of Balance Sheet and P&L for year ended 31 March 2026 approved.
• Resolution 2: Re-appointment of Anshul Kothari as director (retire by rotation) approved.
• Resolution 3: Approval for Related Party Transactions approved.
• Resolution 4: Appointment of Himanshu Jhamar as Independent Director (Special Resolution) approved.

Voting Results

• Resolution 1 passed by majority; total votes polled 6,995,743 (77% turnout).
• Resolution 2 passed by majority; votes polled total 6,995,743.
• Resolution 3 passed by majority; votes polled total 6,995,743.
• Resolution 4 passed; one vote against; total votes polled 6,995,343.

Director Changes

• Anshul Kothari reappointed as director (retire by rotation).
• Himanshu Jhamar appointed as Independent Director.

AGM Details

• AGM held 24 September 2026 from 11:00 to 11:45 AM at registered office; physical meeting with remote e-voting.

E-voting Window

• Remote e-voting window open 21 Sep 2026 09:00 AM to 23 Sep 2026 05:00 PM.

Key Resolutions

• Adoption of Audited Financial Statements for year ended March 31, 2026.
• Re-appointment of director Anshul Kothari on rotation.
• Approval for related party transactions (Special Resolution).
• Appointment of Himansu Jhamer as Independent Director (Special Resolution).

Voting Status

• Results of all resolutions to be declared within two working days; Scrutinizer's report to be released.

Director Changes

• Re-appointment of director Anshul Kothari on rotation.
• Appointment of Himansu Jhamer as Independent Director.

AGM notice and governance

• Subject: Notice of Annual General Meeting for Bhilwara Spinners Ltd and governance updates.
• AGM details include e-voting via NSDL/CDSL and appointment of a Scrutinizer.
• Registrar and Transfer Agent identified; UBN/NIB codes listed.
• Beetal Financial & Computer Services appears as e-voting facilitator.
• Filing date relates to Rajasthan e-procurement references; AGM filing dated 07-09-2026.
• No explicit changes in board or management disclosed.

Financial performance

• Turnover: Rs 7,447.44 lac, up from Rs 2,496.82 lac.
• PBIDT: Rs 1,406.47 lac.
• Interest: Rs 606.52 lac.
• Depreciation: Rs 543.80 lac.
• Profit before tax: Rs 256.15 lac.
• Current tax: Rs 46.08 lac; Deferred tax: Rs 32.74 lac.
• Profit after tax: Rs 490.80 lac.
• EPS: Rs 5.42; Dividends: none declared.

Operations and production

• Denim fabric production: 45.39 lakh meters.
• Other fabric production: 20.06 lakh meters.
• Operations started/ resumed from 15-May-2026.
• Exports: Nil; no export turnover during the year.

Capital structure and liquidity

• Authorised capital: Rs 12.49 crore; Equity: Rs 9.0536 crore.
• Paid-up equity: Rs 9.0536 crore; 90,53,630 shares.
• Total borrowings: Rs 103.88 crore (current Rs 40.33 cr; non-current Rs 63.54 cr).
• Debt-equity ratio: 1.27.
• DSCR: 2.21; Current ratio: 1.08.
• Book value per share: Rs 55.46; Cash & cash equivalents: Rs 0.409 lac.

Audit, governance and risk

• Statutory Auditor: CLB & Associates; unmodified opinion.
• Secretarial Auditor: RK Jain & Associates.
• Internal Auditor: RS Pokharna & Associates.
• Board: 6 directors; 3 independent (2 women).
• Audit Committee met 4 times; NRC met 3 times in 2025-26.

Shareholding & market data

• Promoter stake: 60.89%; Ahinsa Infrastructure & Developers Ltd holds 39.64%.
• Public share: 39.09%; 91.12% dematerialised as of Mar 31, 2026.
• Scrip: BHILSPIN; BSE code 514272.
• Top promoter share: Ahinsa Infra 39.64%; others include family holdings.

Outlook and risks

• Management aims to expand capacity and product basket with export focus.
• Risks include cotton price volatility and FX rate fluctuations.
• Policy support for textiles and 100% FDI may aid growth.

Other disclosures

• CSR not applicable; company may contribute to causes where appropriate.
• Whistle blower policy in place; internal controls reviewed by Audit Committee.
• Annual General Meeting: 24 Sep 2026; book closure 18-09 to 24-09-2026.

AGM details and voting window

• AGM on 24 September 2026 at 11:00 AM at the registered office, Bhilwara.
• Book closure from 18 September to 24 September 2026, both days inclusive.
• Voting eligibility cut-off fixed at 17 September 2026.
• Remote e-voting period runs 21–23 September 2026.
• NSDL will provide remote e-voting services.
• Notice of AGM and Annual Report will be sent in due course.

Overview

• General update issued; no material financial or governance details disclosed.

Financial highlights

• Revenue from operations 3,384.02; total income 3,448.29 for quarter ended 30 Jun 2026.
• Total expenditure 3,215.33; PBT 232.96; PAT 191.00; Basic EPS 2.44.
• Auditors’ limited review carried out; opinion unqualified.
• Board approved unaudited results on 24 Jul 2026.

Director appointment

• Re-appointment of independent director Himanshu Jhamar for second five-year term, Aug 31, 2026–Aug 30, 2031.
• Subject to approval of shareholders.

Board meeting & capital details

• Board meeting held 24 Jul 2026; meeting chaired 03:00–03:45 PM.
• Paid-up equity capital: 905.36; face value Rs 10 per share.
• Quarterly results are standalone unaudited.

Dematerialisation status

• Securities dematerialised have been listed on stock exchanges.
• Certificates have been mutilated and cancelled; depository substituted as registered owner within 15 days.
• Applicable for quarter ended 30 June 2026.