Yarn Syndicate Ltd

AGM details

• 80th AGM held on 24 August 2026 via VC/OAVM from 3:11 PM to 3:32 PM.

Key resolutions

• Ordinary: adoption of standalone and consolidated financial statements for FY ending 31 March 2026.
• Ordinary: re-appointment of Mithleshkumar Agrawal by rotation.
• Special: regularization of Burhanuddin Hakimuddin Lokhandwala as Non-Executive Independent Director.
• Ordinary: appointment of Jitendra Parmar & Associates as Secretarial Auditor for five years.
• Ordinary: approve material related party transactions with Stitched Textile Limited.
• Ordinary: approve material related party transactions with Brand Cluster LLP.
• Ordinary: approve material related party transactions with Vax Enterprise Private Limited.
• Ordinary: approve material related party transactions with Varvee Global Limited.

Voting status

• Results will be announced within two working days; not disclosed in this filing.

Directors and auditors

• Regularization of Lokhandwala as Non-Executive Independent Director.
• Secretarial Auditor appointed for five years.

Related party disclosures

• Material related party transactions approved with Stitched Textile Limited.
• Material related party transactions approved with Brand Cluster LLP.
• Material related party transactions approved with Vax Enterprise Private Limited.
• Material related party transactions approved with Varvee Global Limited.

Appointments/Resignations

• Ms. Riddhiben Bipinchandra Shah appointed as Company Secretary and Compliance Officer, effective 19 August 2026.
• Profile: qualified Company Secretary, Membership No A73164, B.Com LL.B with 2+ years listed-company experience.

Trading approval details

• BSE granted trading approval for 13,97,576 equity shares converted from partly paid-up to fully paid-up.
• Effective from Monday, August 10, 2026, trading is allowed for these shares.

Dematerialisation/Rematerialisation status

• Regulation 74(5) certificate submitted; confirmation received from RTA.

Capital actions

• Board approved conversion of 14,02,576 partly paid-up shares into fully paid-up shares on payment.
• In-principle approval obtained for 1,80,00,000 partly paid-up shares.
• Partly paid-up shares allotted: 1,80,00,000.
• First and Final Call Money fixed at Rs 13.50 per partly paid share (₹5 face, ₹8.50 premium).
• Call period for payment: 08 June 2026 to 22 June 2026.
• Earlier announcement dated 04 June 2026 regarding this call.
• Conversion will increase paid-up capital upon receipt of funds.