Pasupati Spinning & Weaving Mills Ltd

Committee reconstitution

• Board approved changes to Audit Committee and Nomination & Remuneration Committee, effective Aug 12, 2026.
• Audit Committee: Raj Kumar Gupta (Chairman); Anil Kumar Jain and Bhim Sain Goyal (Members).
• Nomination & Remuneration Committee: Raj Kumar Gupta (Chairman); Anil Kumar Jain and Bhim Sain Goyal (Members).

Continuation: Chander Mohan Sharma WTD

• Continuation as Whole-time Director upon turning 70 on 13-12-2026 to 19-12-2027; not related to directors and not debarred.

Continuation: Anil Kumar Jain Independent Director

• Continuation as Independent Director till 13-08-2029 upon turning 75 on 09-01-2027; not related to directors and not debarred.

Appointment: Bhim Sain Goyal Independent Director

• Appointed Additional Non-executive Independent Director from 12-08-2026 to 11-08-2031 for five years; not related to any director.

AGM details

• AGM date set for late September 2026 at 11:00 AM at the registered office.
• Shareholding records close in late September 2026.
• Attendees may join via VC/OAVM and vote remotely during meeting.
• Cut-off date for voting eligibility defined as late September 2026.
• Remote e-voting starts a few days before the AGM.

Book closure details

• Book closure period: 24 Sep 2026 to 30 Sep 2026 (both days inclusive) for AGM.
• AGM date and time: 30 Sep 2026 at 11:00 AM.
• Purpose: Intimation of book closure for AGM.

Q1 FY27 Standalone Results

• Revenue from operations 2,600 lacs in Q1 FY27; up 25% YoY from 2,079.
• Total revenue including other income 2,618 lacs; +21% YoY from 2,162.
• Profit before tax 179 lacs; profit after tax 157 lacs.
• EPS basic/diluted 1.68 in Q1; annual EPS 2.37.
• Segment revenue: Textiles & Textile Articles 2,385 lacs; Logistics & Warehousing 215.
• Segment profit before tax: Textiles 103 lacs; Logistics 189; total 292.
• Finance costs 113 lacs; depreciation 62; other expenses 179.
• Quarter ended 30-Jun-2026; board approved unaudited results on 12-Aug-2026.
• Paid-up equity share capital Rs 934 lacs.
• Notes: Labour codes effective Nov 21, 2025; impact accounted in FY2025-26.
• Year ended 31-Mar-26 revenue 9,934 lacs; PAT 222.

Financial results and audit

• Standalone unaudited Q1 FY2026 results approved for quarter ended 30-Jun-2026.
• Statutory audit review report for quarter ended 30-Jun-2026 noted.
• Related party transactions for quarter ended 30-Jun-2026 reviewed.
• Q1 revenue 2,618 lakh; PAT 157 lakh; EPS 1.68.
• Segment revenues: Textiles 2,385; Logistics 215; total 2,600.

Governance and appointments

• Chander Mohan Sharma to continue as Whole-time Director till 19-Dec-2027, subject to AGM.
• Anil Kumar Jain to continue as Independent Director till 13-Aug-2029, subject to AGM.
• Bhim Sain Goyal appointed Independent Director, 12-Aug-2026 to 11-Aug-2031; AGM ratification required.
• Umesh Chandra Tripathi resigned as Independent Director w.e.f 13-Jun-2026.
• Audit Committee reconstituted: Gupta (Chairman), Jain, Goyal.
• Nomination & Remuneration Committee reconstituted: Gupta (Chairman), Jain, Goyal.
• MOA main objects amendment to be approved by shareholders at AGM.
• 46th AGM fixed for 30 September 2026.
• Register closure for AGM: 24-30 September 2026.
• Scrutinizer for AGM: M/s Sumit Bajaj & Associates appointed.

Regulatory & other disclosures

• Labour Codes effective Nov 21, 2025; accounting impact assessed.
• Company elects MAT option; MAT not applicable from 2026-27; DTA re-measured.
• Figures for last quarter are balancing figures between audited annual and Q3 reviewed.
• Dharuhera land compensation: Rs 61.61 lakh received; additional Rs 614.64 lakh claimed; accounted when received.
• Joint venture with Star Cotspin: 75:25 profit; operations suspended; material missing; legal action.
• Star Cotspin JV terminated 1-Aug-2022; asset realisation underway.
• Note 2: Figures regrouped/rearranged for consistency.

Rating Action

• Long-term rating upgraded to IND BB.
• Outlook Stable; short-term facilities affirmed at IND A4+.

Agency

• India Ratings & Research Private Limited (Ind-Ra) is the rating agency.

Amounts

• Fund-based facilities: INR 490.18 million.
• Non-fund-based facilities: INR 59.82 million.

Material Change

• Upgrade of long-term rating from IND BB- to IND BB.

Outlook

• Outlook: Stable.

Facilities Summary

• Facilities across multiple banks rated IND BB/Stable and IND A4+.