SVP Global Textiles Ltd

SVP Global Textiles Limited - Closure of trading window from 01 October 2026 till completion of 48 hours after the declaration of Un-Audited Financial Results (Standalone and Consolidated) for the quarter and half year ended 30 September 2026.

Financial snapshot

• Consolidated revenue from operations: ₹503.13 Lakhs (FY2024-25: ₹9,220.72 Lakhs).
• Standalone revenue from operations: Nil.
• Consolidated PAT: ₹4,561.58 Lakhs.
• Standalone PAT: ₹(636.94) Lakhs.
• Consolidated PBT: ₹4,451.55 Lakhs.
• Standalone PBT: ₹(746.97) Lakhs.
• Consolidated EPS: ₹3.61 per share.
• Paid-up equity capital: ₹12.65 Crores.
• Authorised capital: ₹21.25 Crores.
• Dividend for FY2025-26: not declared.

Dividends & capital policy

• Dividend policy is available on the company website.
• No interim dividend declared in FY2025-26.

Governance & board

• Board size: six directors as at 31 March 2026; 2 Exec, 4 Non-Exec.
• Independent Directors: three; Aradhana Nayak appointed as Independent Woman Director (5-year term from 14 Aug 2026).
• Chirag Pittie to retire by rotation; eligible for reappointment.
• Nomination & Remuneration Committee reconstituted; Naval Mishra appointed Chair after Parmar's exit.
• Board meetings held: five during FY2025-26.
• Familiarisation program for Independent Directors and disclosures available on website.

Audit, risk & controls

• Statutory Auditors: Motilal & Associates LLP.
• Cost Auditors: remuneration ₹20,000 for 2026-27.
• Internal Auditors: Dhawan & Co; replaced by Shweta Jain & Co LLP for 2026-27.
• Secretarial Auditor: Shravan A. Gupta & Associates.
• Audit reports cite CIRP-related going concern considerations and certain debt-covenant uncertainties.

Subsidiaries & CIRP status

• The Group has five direct/indirect subsidiaries; some under CIRP.
• CIRP initiated for Shri Vallabh Pittie South West Industries and Shri Vallabh Pittie Industries (dates in 2023-2024).
• Consolidation includes audited standalones and subsidiaries, some unaudited under CIRP and in foreign jurisdictions.

Operations & market outlook

• FY2025-26 manufacturing operations were non-operational; no turnover from manufacturing.
• Management assessing revival opportunities and revival of operations subject to market conditions.
• Industry outlook: diversification of global supply chains, sustainability focus, and technology adoption.

Related party disclosures

• Related party transactions largely at arm's length; director fees and balances with Citron Infraprojects, Stork International, etc.
• Outstanding related party balances as of 31 March 2026 include Shrivallabh Pittie Enterprises, Shrivallabh Pittie Industries, and Citron Infraprojects.
• Notes detailing related party transactions/AOC-2 and Annexure III.

AGM Details

• Date/time: 30 September 2026, 3:00 PM.
• Mode: VC/OAVM.
• Members register/books closed: 23–30 September 2026.
• Voting eligibility cut-off: 23 September 2026.

Key Resolutions

• Ordinary: Adopt Audited Financial Statements for year ended 31 March 2026.
• Ordinary: Reappoint Chirag Pittie by rotation.
• Special: Appoint Aradhana Nayak as Independent Woman Director for five years from Aug 14, 2026.
• Ordinary: Ratify remuneration of Cost Auditors for FY 2026-27.

Director changes

• Aradhana Nayak appointed as Independent Woman Director for 5-year term starting Aug 14, 2026.
• Chirag Pittie retires by rotation and offers reappointment.

Auditor appointments

• Cost Auditor remuneration of Rs 20,000 plus taxes for 2026-27; ratification sought.

AGM & Voting

• 44th AGM scheduled Sept 30, 2026 via VC/OAVM.
• Remote e-voting facility available; via CDSL; cut-off Sept 23, 2026.
• Notice published on company site and exchanges; VC attendance cap of 1000 members.

Board & Directors

• Aradhana Nayak appointed as Independent Woman Director; approval by members due by Nov 13, 2026.
• Remuneration for Cost Auditors Rs 20,000 plus tax for 2026-27 ratified.
• Board comprises six directors: two Executive, four Non-Executive; three Independent.

Financial Highlights

• Standalone FY25-26: Revenue nil; net loss ₹636.94 lakh.
• Consolidated FY25-26: revenue ₹508.75 lakh; net profit ₹4,561.58 lakh.
• CIRP proceedings ongoing for key subsidiaries; impact not quantified.

Meeting Details

• Date: September 04, 2026; Time: not disclosed; Location: Registered Office, 97 Maker Tower 'F', Cuffe Parade, Mumbai 400005.

Key Agenda Items

• To fix day/date/time/venue of 44th AGM and approve draft notice.
• To provide facility for remote e-voting for 44th AGM.
• To fix record date and period of Book Closure for AGM.
• Consider and approve Directors’ Report and annexures thereon for FY ended March 31, 2026.
• Consider and approve Management Discussion and Analysis Report for FY ended March 31, 2026.
• Consider and approve Corporate Governance Report for FY ended March 31, 2026.
• Consider and adopt Secretarial Audit Report for FY ended March 31, 2026.
• To appoint Scrutinizer for E-Voting.
• Any other business with the permission of Chairman.

Other Notes

• Trading window closure periods are not disclosed in this filing.

Meeting Details

• Board meeting scheduled for August 14, 2026 at the Registered Office, 97 Maker Tower 'F', Cuffe Parade, Mumbai.

Key Agenda Items

• Consider and approve unaudited standalone and consolidated financial results for quarter ended June 30, 2026.
• Consider any other business with the permission of the Chair.

Other Notes

• Trading window closed from July 1, 2026 until 48 hours after results declaration for Designated Persons.

Dematerialisation compliance status

• Certificate from the Registrar and Share Transfer Agent confirms Reg 74(5) compliance.
• No physical share certificates were received for dematerialisation during the period.