Shanti Spintex Limited’s Board of Directors met on 13th August 2026 to approve the Annual Report for the financial year ended 31st March 2026. Key decisions included the re-appointment of Mrs. Urmila B. Agarwal, subject to member approval, and the formal convening of the 16th Annual General Meeting (AGM) for 11th September 2026. The AGM will be held via video conferencing.
Board Meeting Highlights
The Board of Directors of Shanti Spintex Limited convened on Thursday, 13th August 2026, to discuss and approve several critical corporate matters. The meeting, held at the company’s corporate office in Ahmedabad, commenced at 4:30 PM IST and concluded at 5:20 PM IST.
Key Approvals and Decisions
The Board gave its approval to the Annual Report of the Company for the financial year ended 31st March 2026, including the Directors’ Report. They also authorized the issuance and circulation of this report to the company’s members in preparation for the upcoming 16th Annual General Meeting.
Furthermore, the re-appointment of Mrs. Urmila B. Agarwal (DIN: 01909441) was approved. She retires by rotation and has offered herself for re-appointment, pending the approval of the members at the AGM.
16th Annual General Meeting Details
The Board approved the notice convening the 16th Annual General Meeting (AGM). The AGM is scheduled to be held on Friday, 11th September 2026, at 4:00 PM IST. The meeting will be conducted through Video Conferencing (VC) and other Audio-Visual Means (OAVM).
The book closure period for the AGM is set from Sunday, 6th September 2026, to Thursday, 10th September 2026, inclusive. The Cut-off / Record Date for determining member eligibility for remote e-voting and e-voting during the AGM has been fixed as Friday, 4th September 2026.
The schedule for remote e-voting has been set as follows: Commencement on Tuesday, 8th September 2026, at 9:00 AM IST, and conclusion on Thursday, 10th September 2026, at 5:00 PM IST.
Appointment of Service Providers
M/s. HDS & Associates, Practicing Company Secretaries, have been appointed as the Scrutinizer for the e-voting process. Additionally, KFin Technologies Limited has been appointed as the service provider and aggregator to facilitate the AGM via VC/OAVM and to manage remote e-voting facilities.
The appointment of M/s Kunal Agrawal & Associates as the Internal Auditor for the financial year 2026-27 was also approved. The Board approved the Cost Audit Report for the financial year ended 31st March 2026 and the appointment of M/s. Mayur Chhaganbhai Undhad & Co. as the Cost Auditor for the financial year 2026-27.
Regulatory Filings
The Board also took note of a communication from BSE Limited regarding a penalty for delayed submission of Related Party Transactions for the half-year ended 31st March 2026. The company has paid the penalty, and the Board approved its comments for submission to BSE Limited.
Directors and the Company Secretary & Compliance Officer have been authorized to file all necessary e-forms, returns, and documents with the relevant authorities.
Source: BSE
