PBM Polytex Ltd

Independent Director re-appointment

• Board approves re-appointment of Ms Amishal Modi as Independent Director for a second five-year term.
• Term: 12 August 2027 to 11 August 2032; subject to shareholder approval.
• Reason: renewal for second term.
• Profile: 46-year-old with finance and administration expertise; ~15 years' experience.
• Not related to any Directors/KMP.
• Not debarred by SEBI or any authority.
• Board approval date: 13 August 2026.

MD re-appointment

• Re-appointment as Managing Director for three years.
• Name and designation: Mohan Kumar Patodia, Managing Director.
• Effective 1 April 2027 to 31 March 2030; term three years.
• Subject to approval of shareholders at the upcoming AGM.
• Reason: eligible for re-appointment; recommended for 2027–2030.
• Brief profile: over 50 years in marketing cotton yarn and textiles.
• Related parties: Krishan Kumar Patodia and Gopal Patodia.
• Not debarred from holding directorship by SEBI or any authority.
• Board approved re-appointment; shareholder approval required.

MD re-appointment

• Type of change: Re-appointment of Gopal Patodia as Managing Director.
• Name/Designation: Shri Gopal Patodia, Managing Director (DIN: 00014247).
• Effective term: 1 Apr 2027 to 31 Mar 2030 (3 years), subject to shareholder approval.
• Reason: Eligible for reappointment; term proposed for 2027–2030 following AGM approval.
• Brief profile: Over 60 years experience in textile industry and marketing.
• Relationships: No related Directors except Krishan Kumar Patodia and Mohan Kumar Patodia.
• Debarment: Not debarred from director position by SEBI or any authority.
• Process: Board approved on 13 Aug 2026; shareholder approval at ensuing AGM.
• Prior term alignment: Re-appointment aligns with prior AGM-approved term 01.04.2024 to 31.03.2027.

Consolidated results

• Consolidated revenue from operations: 3,884.82; total income: 3,925.10 for quarter ended 30-Jun-2026.
• Profit before tax: 250.82; tax expense: 65.53; net profit: 195.19.
• Basic EPS: 2.44; Diluted EPS: 2.84.
• Paid-up equity share capital: 687.90 as at 30-Jun-2026.
• Associate Eurotex Industries & Exports Limited accounted as associate; going-concern basis.
• Single segment: Manufacturing of cotton yarn.

Standalone results

• Standalone results approved by Board on Aug 13, 2026.
• Audit Committee reviewed standalone results; limited review conducted.
• Limited review by Mahendra N. Shah & Co. completed.

Financial results approved

• Unaudited standalone and consolidated quarterly results for the quarter ended 30 June 2026 approved.

MD appointments

• Re-appointment of Mr. Gopal Patodia as Managing Director for 2027–2030, subject to shareholder approval.
• Re-appointment of Mr. Mohan Kumar Patodia as Managing Director for 2027–2030.

Independent director appointment

• Re-appointment of Ms Amishal Modi as Independent Director for five years from 12 Aug 2027.

Board committee reconstitution

• Reconstitution of Audit, NRC, and SRC following demise of Hari Prasad Siotia.

Wind mill disposal plan

• Approved disposal plan for four wind mill undertakings, including lease renewal or sale/disposal.

Redemption terms revised

• Revision of redemption terms for 46 lakh 6% preference shares extended to 20 years.

Auditor notes

• Auditors completed limited review; no material misstatement in standalone and consolidated results.
• Note on Eurotex associate going-concern basis; audit conclusion not modified.

Dematerialisation processing and listing

• Dematerialisation requests received during the quarter were processed and confirmed to depositories.
• Securities dematerialised have been listed on the stock exchanges.
• Physical certificates for dematerialisation were mutilated, cancelled after verification, with depository name substituted as registered owner within timelines.