Pashupati Cotspin Ltd

Secretarial Auditor changes

• Resignation of SJV & Associates as Secretarial Auditor effective Aug 14, 2026 due to non-renewal of peer-review certificate.
• Appointment of Nisarg Sharma & Associates as Secretarial Auditor for FY 2025-26.
• Appointment valid until the ensuing AGM; five-year appointment for FY 2026-27 to 2030-31 to be sought.

Acquisition details

• Target company: Pashupati Cotspin Limited.
• Acquirers and PACs: Craft Emerging Market Fund PCC - Citadel; Elite Capital Fund.
• Promoter status: Acquirers are not in promoter group.
• Exchanges: Shares are listed on BSE.
• Pre-acquisition holding: 10,132,543 shares, 6.42%.
• Encumbrances and warrants: NIL.
• Acquisition details: 10,132,543 voting rights acquired (6.42%).
• Post-acquisition holding: 10,132,543 shares (6.42%).
• Mode: Open market.
• Date: 29 January 2025.
• Equity share capital before: 10,132,543 / 157,840,000.
• Equity share capital after: 10,132,543 / 157,840,000.
• Total diluted share capital after: 10,132,543 / 157,840,000.
• Salient features: Not applicable.

Dematerialisation status

• Dematerialisation requests received during the reporting quarter were confirmed to the depositories.
• Securities dematerialised have been listed on the stock exchanges where the issuer's securities are listed.
• Physical certificates for dematerialisation were mutilated and cancelled after verification, with depository's name registered as owner.

Capital Restructuring

• Board approved sub-division of each Rs.10 equity share into 1 equity share of Re.1, subject to approvals.
• Authorized share capital remains Rs.16 crore; face value changes from Rs.10 to Re.1 post sub-division.
• Issued and paid-up share capital remains Rs.15.78 crore; share count increases proportionally after sub-division.
• Sub-division applies only to fully paid Rs.10 equity shares; no consolidation involved.
• Approved alteration of Capital Clause in Memorandum of Association for share sub-division, subject to approvals.
• Approved Postal Ballot notice to seek shareholder approval for share sub-division and related matters.

Governance Actions ️

• Appointed Ms. Janki Shah as Scrutinizer for the Postal Ballot process.
• Expected completion of share sub-division within 2 to 2.5 months after all approvals.

🗓️ Meeting Details

• Board meeting scheduled for February 13, 2026, at the Corporate Office in Ahmedabad.

📊 Financial Results

• Board to consider and approve unaudited financial results for quarter and nine months ended December 31, 2025.