GTN Textiles Ltd

AGM Details

• Date and mode: 28 September 2026, via VC/OAVM, 11:30–11:46 AM.
• Record date: 21 September 2026; shareholders on record: 14,539.
• Attendance via VC: Promoter Group 6; Public 67.
• Chairman authorized Company Secretary to receive and countersign Scrutinizer's Report.

Key Resolutions

• Resolution 1: Adopt Audited financial statements; Ordinary; Passed (99.99% in favour).
• Resolution 2: Re-appointment of Kalpana rotation as director; Ordinary; Passed (99.99%).
• Resolution 3: Approval for Material Related Party Transactions with Patspin India Ltd; Ordinary; Passed.
• Resolution 4: Approval for Material Related Party Transactions with GTN Enterprises Ltd; Ordinary; Passed.
• Resolution 5: Approval for Material Related Party Transactions with Beekaypee Credit Private Ltd; Ordinary; Passed.
• Resolution 6: Approval for Material Related Party Transactions with Umang Finance Private Ltd; Ordinary; Passed.

Dividend

• Dividend is not proposed or declared at this AGM.

Material Related Party Transactions

• Patspin India Ltd — material related party transactions approved.
• GTN Enterprises Ltd — material related party transactions approved.
• Beekaypee Credit Private Ltd — material related party transactions approved.
• Umang Finance Private Ltd — material related party transactions approved.

Other Details

• Total resolutions passed: all six resolutions approved; abstentions noted for some votes.

Demise and promoter status

• Shri B K Patodia, Chairman Emeritus, died on 28 September 2026 around 2:00 PM IST.
• Category: Promoter; ceased to be part of the promoter group under SEBI LODR Regulation 31A(6)(c).

AGM Details

• AGM held on 28 September 2026 at 11:30 AM IST via VC/OAVM.

Ordinary Resolutions

• Adopt audited standalone and consolidated financial statements for FY2025-26.
• Kalpana Thakker re-appointed as Non-Executive Director, retiring by rotation.

Special Resolutions – Related Party Transactions

• Approve material related party transactions with Patspin India Ltd.
• Approve material related party transactions with GTN Enterprises Ltd.
• Approve material related party transactions with Beekaypee Credit Private Limited.
• Approve material related party transactions with Umang Finance Private Limited.

Voting and Results

• E-voting completed; results to be disseminated through stock exchange within two days.

Director Changes

• Kalpana Thakker re-appointed as Non-Executive Director (retiring by rotation).

GTN Textiles Ltd — Closure of Trading Window from Oct 1, 2026 till forty-eight (48) hours after the declaration of Un-Audited Financial Results (Standalone & Consolidated) for the quarter and half year ended September 30, 2026

Book closure & AGM details

• Equity GTNTEX (Scrip 532744) book-closure: 23 Sep 2026 to 28 Sep 2026 inclusive.
• Record date for voting/entitlement: 21 Sep 2026.
• AGM scheduled: 28 Sep 2026 at 11:30 AM IST via VC/OAVM.
• Purpose: 21st Annual General Meeting.
• Security type: Equity shares.

Financial results approved

• Board approved unaudited standalone and consolidated results for quarter ended 30 June 2026; reviewed by Audit Committee.
• Statutory auditors conducted limited review of the quarter results.

AGM and governance actions

• AGM fixed for 28 September 2026 at 11:30 AM via VC.
• Cut-off date for e-voting fixed at 21 September 2026.
• CDSL appointed as e-voting service provider for AGM.
• Book closure fixed 23–28 September 2026 (inclusive).
• Shri M R L Narasimbha appointed Scrutinizer; alternate Abhilash N A named if needed.

Audit remarks and going concern

• Independent auditor's review notes material going-concern uncertainty.
• Net worth erosion noted; going-concern risk acknowledged.
• Auditors' review concluded no material misstatement in interim results.

Other notable items

• MOU for sale of 25.71 acres; 25.08 acres sold; Rs 2.50 Cr pending for 0.63 acres.
• Exceptional item for full year 2025-26 impairment in investment in an Associate.
• Trading in cotton yarn revenues rising; going-concern basis continued.
• Discontinued operations show impairment in associate investment.

Meeting Details

• Meeting scheduled for 10 August 2026; time and venue not disclosed.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated financial results for quarter ended 30 June 2026.

Other Notes

• Trading window closed for designated persons from 01 July 2026 until 48 hours after results declaration.

Dematerialisation/Rematerialisation status

• Dematerialisation requests for the quarter ended 30 June 2026 were confirmed to depositories and exchanges.
• Securities dematerialised in the quarter have been listed on the relevant stock exchanges.
• Physical certificates received for dematerialisation were mutilated and cancelled; depository name substituted as owner within 15 days.