Polyspin Exports Ltd

Polyspin Exports Limited – Trading Window Closure from 1 October 2026 till 48 Hours after the declaration of Unaudited Standalone and Consolidated Financial Results for the quarter and six months ending 30 September 2026

AGM Details

• Date: 21 August 2026; mode: VC/OAVM; start 11:00 AM, end 11:25 AM.
• Record date: 14 August 2026.

Key Resolutions

• Ordinary Resolution 1: Adopt standalone and consolidated financial statements for the year ended 31 March 2026.
• Ordinary Resolution 2: Re-appointment of Sri S.R. Subramanian as Director retiring by rotation.
• Special Resolution 3: Regularisation of Additional Director Shwetha Ramji as Managing Director of the Company.
• Special Resolution 1: Appointment of Durga Ramji as Managing Director of the Company.

Voting Results

• Ordinary Resolution 1: Passed unanimously; 100% in favour.
• Ordinary Resolution 2: Passed unanimously; 100% in favour.
• Special Resolution 3: Passed unanimously; 100% in favour.
• Special Resolution 1: Passed unanimously; 100% in favour.

Director Changes

• Regularisation of Shwetha Ramji as Managing Director (additional director).
• Durga Ramji appointed as Managing Director.
• Subramanian re-appointed as Director by rotation.

AGM Details

• Date: 21 August 2026.
• Time: 11:00 to 11:25 AM.
• Mode: VC (Video Conferencing).
• Attendance: 42 members via VC.
• Notice and reports circulated; NSDL webcast available.

Key Resolutions

• Adoption of standalone and consolidated audited financial statements.
• Re-appointment of S.R. Subramanian as Director, retires by rotation.
• Regularization of Shwetha Ramji as Director.
• Appointment of Durga Ramji as Managing Director for 3 years from May 29, 2026.
• Remuneration: 5% of net profits; in no-profit years Rs 204 Lakhs plus perquisites.
• Board authorized to take necessary steps to implement resolutions.

Voting Status

• Voting results to be submitted to Stock Exchange within 2 working days; details not disclosed here.

Director Changes

• Subramanian re-appointed as Director, retires by rotation.
• Shwetha Ramji Regularized as Director (Additional Director since May 29, 2026).
• Durga Ramji appointed Managing Director for 3-year term starting May 29, 2026.
• Remuneration: 5% of net profits; Rs 204 Lakhs in no-profit years; perquisites as applicable.
• Board/Secretary authorized to implement the resolutions.

AGM details

• Date and mode: 21 August 2026, 11:00–11:25 via VC.
• Attendees: 41 members via VC; live webcast hosted on NSDL platform.

Key resolutions

• Adoption of standalone and consolidated financial statements approved.
• Re-appointment of Shri S.R. Subramanian as Director on rotation.
• Regularization of Additional Director Shwetha Ramji as Director.
• Appointment of Durga Ramji as MD for 3 years with 5% of net profits and perquisites.

Voting results

• Voting results to be submitted to stock exchange within 2 working days.

Standalone results

• Standalone Q1 FY2026 results: total income 5,451.46 Lakh; net profit after tax 87.00 Lakh; EPS 0.87.

Consolidated results

• Consolidated Q1 FY2026 results: total income 5,440.11 Lakh; net profit after tax 150.25 Lakh; EPS 1.50.

Discontinued operations

• Textile division discontinued; results pertain to continuing FIBC operations.

Board approvals & audit

• Board approved results on 13 August 2026; Audit Committee reviewed.

Auditors' review

• Independent limited review on standalone and consolidated results; no material misstatements.

Regulatory & compliance notes

• IND AS-based results; wage codes effective April 2026; Tamil Nadu rules pending; no material cost impact.

Meeting Details

• Board meeting: 13 Aug 2026, 10:30 AM, Administrative Office, No.1 Railway Feeder Road, Cholapuram South, Rajapalayam.

Key Agenda Items

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

Other Notes

• Trading window closed from 1 July 2026 to 15 August 2026.

AGM notice and governance

• 41st AGM scheduled for 21 August 2026 at 11:00 A.M. via VC / OAVM.
• Soft copies of Annual Report 2025-26 and AGM Notice emailed; hard copies to non-email shareholders.

Board changes

• Shwetha Ramji appointed Additional Director on 29 May 2026.
• Rammohanraja Ramji died on May 3, 2026; Durga Ramji named MD.
• Durga Ramji to be MD for 3 years, subject to AGM approval.

Remuneration framework

• MD remuneration: 5% of net profits or Rs 204 lakh plus perquisites, subject to approvals.

Dividend and CSR status

• Dividend for year ended 31 March 2026 not recommended.
• CSR not applicable for 2025-26; no CSR obligation.

Shareholding and listing status

• Promoter shareholders held 46.83% as of 31.03.2026.
• As of 31.03.2026, 91.73% of shares are in demat form.