Shiva Suitings Ltd

Dematerialisation/Rematerialisation status

• Dematerialisation requests up to 30 September 2026 were confirmed to the depositories.
• Securities dematerialised have been listed on the stock exchange where the existing securities are listed.
• Physical certificates received for dematerialisation were mutilated and cancelled after due verification.
• Depositories' names were substituted as registered owners within 15 days of receipt.

AGM Details

• Date/time: 30 Sep 2026, 11:30 IST, via VC/OAVM.
• Concluded: 11:46 IST.
• 31 members attended via video-conferencing.

Key Resolution

• Ordinary: adopt Audited Financial Statements for year ended 31 March 2026, with reports.

Voting Results

• Outcome of the resolution not disclosed; results to be intimated separately.

Dividend

• No dividend information disclosed in this filing chunk.

Directors

• No director changes announced.

Auditors

• No auditor changes announced.

Material RPTs

• No material related party transactions disclosed.

Other Approvals

• No other material approvals reported.

Financial snapshot

• Revenue from operations Rs 1,16,05,463; down from Rs 2,60,24,561.
• Total revenue Rs 1,16,31,326; expenses Rs 1,27,99,111.
• Profit before tax Rs -11,71,946; tax impact Rs -2,93,265 deferred; PAT Rs -8,78,681.
• Earnings per share Rs -0.57; no dividend.
• Net cash from operations Rs -1,76,181; year-end cash Rs 1,07,307.
• No fixed assets; PPE not present.

Balance sheet at a glance

• Inventories end of year Rs 1,68,56,710; provision Rs 6,74,26,840.
• Trade receivables Rs 10,06,194; cash Rs 1,07,307.
• Equity share capital Rs 1,55,03,950; other equity Rs 44,28,623; total Rs 1,99,32,573.
• Current assets Rs 2,81,18,471; current liabilities Rs 81,85,898.
• Trade payables Rs 80,06,904; total assets Rs 2,81,18,471.

Operations and performance

• Revenue from operations net Rs 1,16,05,463; domestic fabric sales.
• Stock-in-trade purchases Rs 2,43,91,089; NRV provision Rs 6,74,26,840 (80%).
• Inventory net end Rs 1,68,56,710; beginning Rs 22,25,220.
• Change in inventories Rs -1,41,74,490.
• Single textile segment; no forex earnings.

Governance and board

• Board met 6 times in 2025-26.
• Independent directors: Saraf, Mishra, Jain; Sanghai ceased Sept 8, 2025.
• MD Sharad Sureka, CFO Dilip Sanghai, CS Bharat Tulsani.
• Audit Committee: 3 members; Chair Saraf; members Jain, Mishra.
• Nomination & Remuneration Committee: 3 members; Chair Jain.
• Stakeholders Relationship Committee: 3 members; Chair Jain.

Audit and compliance notes

• Secretarial audit: Annexure A; observations on IEPF transfer, MGT-7, promoter demat, MGT-14.
• Emphasis: Ind AS 19 gratuity and leave encashment not provided.
• Statutory auditors: V. K. Beswal & Associates; secretarial: Pramod S. Shah & Associates.
• Internal audit: Chetan & Associates; no long-term contracts with default losses.
• Bank charge: Rs 2,32,50,000 dating 02-05-1986.

Compliance and disclosures

• No related party transactions reported.
• CSR not applicable; no dividend; no material changes post-year-end.
• Promoter shareholding in demat form not completed; policy disclosures on website.
• MGT-7 filed late for 2023-24; internal auditor appointment delay noted.
• Debenture interest Rs 8,486 not transferred to IEPF.

Risks and outlook

• Industry remains fragmented; competition from China; raw material costs vary.
• Forex impact on exports; energy and logistics costs risk.
• Textile sector outlook: domestic demand and exports positive.

AGM details

• Date/time: 30 September 2026 at 11:30 AM IST via VC/OAVM.
• Register of Members and Transfer Books closed 23–30 September 2026.

Ordinary business

• Adoption of Audited Financial Statement for year ended 31 March 2026.

Voting status

• No voting results disclosed in this notice excerpt.

Dividend

• Dividend not mentioned in the notice.

Directors

• No director changes disclosed.

Auditors

• Auditor appointments/changes not disclosed.

Material related party transactions

• No material RPTs disclosed.

Other approvals

• No other material approvals disclosed.

Book closure and AGM details

• Book closure period: 23 Sep 2026 to 30 Sep 2026 (inclusive).
• Purpose: AGM to be held on 30 Sep 2026.
• Record date: Not applicable for voting entitlement.
• E-voting period: 27 Sep 2026 09:00 IST to 29 Sep 2026 17:00 IST.
• E-voting rights cut-off date: 23 Sep 2026.
• Security type: Equity Shares.

Filing details

• Un-audited financial results for quarter ended 30 June 2026 submitted with Limited Review Report.
• Date of filing: 14 August 2026.