Sueryaa Knitwear Ltd

AGM Details

• Date/time: 08 Aug 2026, 01:00–03:37 PM.
• Mode: physical meeting at the registered office.
• Meeting location: Ludhiana, Punjab.
• Remote e-voting period: 05–07 Aug 2026.
• EVoting cut‑off date: 03 Aug 2026.
• Total shareholders on cut‑off: 647.

Resolutions and outcomes

• Resolution 1: Adopt standalone audited financial statements for year ended 31 March 2026 – Passed.
• Resolution 2: Regularise Vishnu Agarwal as Independent Director (Special) – Passed.
• Resolution 3: Regularise Shailesh Miyanbazaz as Director (Ordinary) – Passed.
• Resolution 4: Shifting of registered office to another state – Passed.
• Resolution 5: Alteration of Memorandum of Association – Passed.

Director changes

• Regularisation of Vishnu Agarwal as Independent Director (Non-Executive).
• Regularisation of Shailesh Miyanbazaz as Director (Non-Executive).

Other material approvals

• Shifting of Registered Office from one state to another (Special).
• Alteration of Memorandum of Association (Special).

Meeting Details

• Board meeting on 05 August 2026 at 03:00 PM at F-122, EPIP, Sitapura Industrial Area, Jaipur, Rajasthan 302022.

Key Agenda Items

• Consider and approve unaudited standalone financial results for quarter ended June 30, 2026 with Limited Review Report.
• Take note for the period ended June 30, 2026: trading window closure for designated persons.
• Certificate of non-applicability of Corporate Governance compliance under Regulation 27(2) LODR.
• Reconciliation of Share Capital Audit Report under Regulation 76 of Depositories and Participants Regulations 2018.
• Shareholding pattern as per Regulation 31 of SEBI LODR 2015.
• Confirmation Certificate under Regulation 74(5) of Depositories and Participants Regulations 2018.

Other Notes

Financial performance

• FY25-26 standalone total income: Rs 3.05 Lakhs; prior year Rs 24.87 Lakhs.
• Net loss after tax: Rs 6.91 Lakhs in FY25-26.
• EPS (Basic/Diluted): Rs -0.27 in FY25-26; prior year Rs -0.63.
• Exceptional item: Profit on sale of mutual funds Rs 18.69 Lakhs.
• Other comprehensive income: Rs -12.43 Lakhs in FY25-26.
• No dividend declared for the year.
• Share capital unchanged; Authorized Rs 3.50 Cr; Paid-up Rs 2.5978 Cr.
• Total assets Rs 192.66 Lakhs; Equity Rs 191.25 Lakhs; Current liabilities Rs 1.40 Lakhs.

Capital structure and liquidity

• Equity shares issued: 25,97,800; face value Rs 10 each.
• Promoter holding: 63.08% (1,638,740 shares).
• Dematerialisation: NSDL 0.61%; CDSL 76.80%; Physical 22.59%.
• No long-term borrowings; current liabilities modest.
• Listed on BSE; cash/c equivalents Rs 32.29 Lakhs; investments Rs 96.13 Lakhs.

Board and management changes

• Board as at 31 Mar 2026: 5 directors; 2 Independent; 1 Whole-time Director.
• Parul Singh resigned as CFO on 25 Apr 2026; Honey Agarwal appointed CFO the same day.
• Internal Auditor: Parul Singh replaced by Subhash Chand Gupta on 19 Jun 2026.
• Secretarial Auditor: Jain P & Associates; no qualifications.
• Familiarisation programs for Independent Directors conducted; two sessions in 2025-26.

Annual General Meeting and resolutions

• 30th AGM scheduled for Aug 8, 2026 at 1:00 PM at registered office.
• Agenda includes adoption of standalone financials; and four special resolutions.
• Resolutions: Regularisation of Vishnu Agarwal; Regularisation of Shailesh Miyanbazaz.
• Shifting Registered Office from Punjab to Rajasthan; Alter MOA Situation Clause.
• Notice includes e-voting from Aug 5–7; cut-off Aug 3; proxy rules apply.

Major corporate actions

• Shifting of Registered Office from Punjab to Rajasthan approved by Board; subject to approvals.
• MOA Clause II to reflect Rajasthan as the Registered Office state once approved.
• Purpose: improve operational efficiency and governance; no change in business objects.

Audit and internal controls

• Statutory Auditor: Saraswat & Company; unqualified report.
• Internal control over financial reporting: adequate and effective.
• Secretarial Audit: No qualifications; report attached.
• No material fraud reported; related party transactions at arm's length.

Management discussion and outlook

• Global economy: growth expected 2.5-2.8% for 2026-27; downside risks persist.
• Indian textile sector: growth aided by policies like PLI and PM MITRA.
• Opportunities: technical textiles, MMF, home textiles, e-commerce channels.
• Risks: raw material volatility, energy costs, tariff and global competition.

AGM Details

• 30th AGM on 08 Aug 2026 at 01:00 PM IST (physical at registered office).

Key Resolutions

• Ordinary: Approve draft Notice for 30th AGM on 08 Aug 2026.
• Ordinary: Approve Board Report for year ended 31 March 2026.
• Ordinary: Fix e-voting cut-off date at 03 Aug 2026.
• Ordinary: E-voting period set from 05 Aug to 07 Aug 2026.
• Ordinary: Appoint M/s Jain P. Associates as Scrutinizer for e-voting.

Certificate status

• Certificate under Regulation 74(5) received from the Registrar and Transfer Agent.

Board governance changes

• Shailesh Miyanbazaz redesignated from Executive to Non-Executive Additional Director, effective 9 July 2026.
• Subject to shareholders’ approval at the forthcoming general meeting.
• Aliva Dey, Whole-time Director, appointed as Chairperson of the Company.
• Mr. Shailesh Miyanbazaz, 41, MSc International Business Management, 16 years in finance and apparel sector.
• Not related to directors or KMPs.
• Remuneration, if any, to be mutually decided between the Board and the Director.
• Date of board meeting: 9 July 2026.

Director resignation

• Ms. Manshi Sharma (Non-Executive Director) resigned due to personal exigencies, effective 01 July 2026.

Committee reconstitution

• Sahil Mahawar re-designated as Chairperson of the Nomination and Remuneration Committee, effective 01 July 2026.
• Sahil Mahawar re-designated as Chairperson of the Stakeholders Relationship Committee, effective 01 July 2026.
• Vishnu Agarwal appointed as Member of the Stakeholders Relationship Committee, effective 01 July 2026.

Appointment

• Mr. Vishnu Agarwal appointed as Additional Non-Executive Independent Director.
• Appointment was announced on 08 May 2026.