Prag Bosimi Synthetics Ltd

Secretarial Auditor Appointment

• Casual vacancy due to demise of Ashok Patel.
• Appointment of M/s G. S. Bhide & Associates as Secretarial Auditor effective 20 Aug 2026.
• Appointed for five years from FY 2026-27 to FY 2030-31, AGM approval required.
• Brief profile: sole proprietorship with over 10 years' experience in governance and compliance audits.

Financial results

• Board approved unaudited standalone and consolidated results for Q1 FY2026 with Limited Review by Rama K. Gupta.
• Limited Review Report from Rama K. Gupta & Co attached.

AGM & clock closure

• AGM for year ended 31 March 2026 fixed for 25 September 2026 via VC/OAVM.
• Register of Members and share transfer books to close Sept 18–25, 2026.

Directors appointments

• Sunita Shah re-appointed Independent Director for second term (Aug 11, 2027–Aug 10, 2032).
• Krish Devang Vyas appointed Non-Executive Director from Aug 17, 2026 (subject to AGM approval).
• Amitabh Saikia appointed Independent Director from Aug 17, 2026 for five years.

Director profiles

• Sunita Shah: Independent Director, LLB, Indian/UK solicitor; SEBI/NSE experience.
• Krish Devang Vyas: Non-Executive Director; background in physics, real estate and solar projects.
• Amitabh Saikia: Independent Director; 39 years at AIDC; expertise in industrial development.

Change in Chairman & Nominee Director

• Megha Dahal, IAS, appointed Chairman & Nominee Director w.e.f 10 Aug 2026 in place of Hivare Nisarg Gautam.
• Appointed by Government of Assam following notification dated 16 July 2026.

Profile of new appointee

• IAS officer, 2015 batch; MD of Assam Industrial Development Corporation.
• Director in two other companies; Commissioner, Guwahati Municipal Corporation.
• Transport Commissioner of Assam.

Other disclosures

• Outside directorships: eight; Board committee memberships: 2.
• Shares in the company: None.
• Inter-se relationship with other Directors & KMP: None.

Dematerialisation status for quarter ended 30 June 2026

• Dematerialisation requests received: 2,900; 1,000 dematerialised, 1,700 rejected, 200 pending.
• Share certificates for dematerialised shares cancelled after verification by MUFG InTime India Pvt Ltd.
• Depositories NSDL/CDSL substituted as registered owner within 21 days of certificate receipt.
• Securities dematerialised listed on exchanges where earlier issued securities are listed.

Internal auditor appointment

• M/s Bharat Sharoff and Co. appointed as internal auditors for FY 2026-27.

Board meeting outcome

• Board approved audited standalone and consolidated financial results for year ended March 31, 2026.

Audit report

• Statutory auditor issued unmodified opinions on standalone and consolidated financial statements.

Going concern

• Auditor highlighted negative net worth and material uncertainty related to going concern.

Internal controls

• Auditor reported adequate internal financial controls over financial reporting, operating effectively at March 31, 2026.

🗓️ Meeting Details

• Board meeting scheduled for February 13, 2026, at the corporate office in Mumbai.

📍 Key Agenda Items

• Approval of unaudited standalone and consolidated financial results for Q3 ended December 31, 2025.