Shanti Spintex Ltd (544059)

Shanti Spintex Limited submitted a revised standalone Cash Flow Statement for the half-year ended September 30, 2025 (H1 FY26) following a query from the BSE. The company stated that a discrepancy between the XBRL filing and the PDF submission was caused by an inadvertent Excel formula error. The correction adjusts reporting figures including operating, investing, and financing cash flows, with cash and cash equivalents at the end of the period reported at 192.46 (in statement units). The revision is administrative and rectifies reporting data mismatches.

• Filing rectifies an inadvertent Excel formula error following a mismatch query raised by BSE
• Revised statement covers the half-year ended September 30, 2025
• Profit before tax for the period reported at 442.56 in the revised standalone cash flow statement
• Closing cash and cash equivalents reported at 192.46

Shanti Spintex Limited submitted its shareholding pattern for the quarter and half-year ended September 30, 2026. Promoter and promoter group holding remained unchanged at 73.57% across 1,24,24,000 shares, with zero shares pledged. Total public shareholding stands at 26.43% (44,64,000 shares) across 660 shareholders, with 34,00,000 shares (20.13% of total equity) reported under lock-in.

• Promoter and promoter group holding stands stable at 73.57% (1,24,24,000 shares)
• Zero promoter shares are pledged or encumbered
• Public shareholding is 26.43% comprising 44,64,000 shares across 660 shareholders
• 34,00,000 shares (20.13% of total share capital) remain under lock-in

Shanti Spintex Limited has issued the notice for its 16th Annual General Meeting (AGM) scheduled for Friday, September 11, 2026, via Video Conferencing. The remote e-voting period runs from September 8, 2026, to September 10, 2026, with the voting cut-off date fixed as September 4, 2026. The meeting will address ordinary business, including the adoption of FY26 financial statements and the re-appointment of a retiring director. The register of members will remain closed from September 6 to September 10, 2026.

• 16th Annual General Meeting scheduled for September 11, 2026 at 4:00 PM IST
• Remote e-voting window open from September 8, 2026 (9:00 AM) to September 10, 2026 (5:00 PM)
• Voting cut-off date fixed as September 4, 2026
• Share transfer books and register of members closed from September 6 to September 10, 2026

Shanti Spintex Limited has submitted its 16th Annual Report for FY 2025-26 along with the notice for its 16th Annual General Meeting scheduled for September 11, 2026. The company highlighted its manufacturing capacity of 19.27 million meters per annum powered by 96 air-jet weaving machines. It also noted the completed acquisition of Teesta Spintex Private Limited as a wholly owned subsidiary for forward integration. In FY26, the company posted annual revenues of Rs 683.0 crore and net profit of Rs 4.0 crore.

• 16th Annual General Meeting convened for September 11, 2026 via video conferencing
• Operating capacity stands at 19.27 million meters of denim fabric per annum with 96 air-jet weaving machines
• Acquisition of Teesta Spintex Private Limited completed as a wholly owned subsidiary
• Over 50% of power sourced from renewables, including a 2 MW wind plant in Gujarat

Shanti Spintex Limited has announced its 16th Annual General Meeting (AGM) scheduled for Friday, September 11, 2026, at 4:00 PM IST via Video Conferencing. The company has fixed Friday, September 4, 2026, as the record date to determine member eligibility for voting. The Annual Report for FY2024-25 and the AGM notice will be dispatched electronically to registered shareholders. This is a standard statutory disclosure with no impact on business operations or financials.

• 16th Annual General Meeting scheduled for Friday, 11th September 2026 at 04:00 PM IST
• Record date fixed as Friday, 4th September 2026 to determine voting eligibility
• Meeting to be conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
• Annual Report for FY 2024-25 will be dispatched electronically to registered members

Shanti Spintex Limited has appointed KFin Technologies Limited as the aggregator and service provider for e-voting and conducting its 16th Annual General Meeting (AGM). The meeting is scheduled to be held on September 11, 2026, through Video Conferencing / Other Audio-Visual Means (VC/OAVM). Full details and voting instructions will be shared separately in the AGM Notice.

• Appointed KFin Technologies Limited as aggregator and e-voting service provider
• 16th Annual General Meeting scheduled to be held on September 11, 2026
• AGM to be conducted via Video Conferencing / Other Audio-Visual Means (VC/OAVM)

Shanti Spintex Ltd has paid a penalty of ₹5,900 to BSE Limited for a one-day delay in submitting Related Party Transaction (RPT) disclosures for the half-year ended March 31, 2026. The Board of Directors, in a meeting held on August 13, 2026, attributed the delay to an inadvertent procedural oversight and confirmed that the penalty has been settled. The company has reportedly strengthened its internal compliance monitoring to prevent future lapses. Given the company's small market cap of ₹63 Cr and a 41.9% price decline over the last 12 months, maintaining regulatory discipline is key for investor sentiment.

• Penalty of ₹5,900 (including GST) paid to BSE for delayed filing.
• Delay in submission under Regulation 23(9) was limited to 1 day.
• The filing pertained to the half-year period ended March 31, 2026.
• Board meeting held on August 13, 2026, to formally address the regulatory communication.

Shanti Spintex has scheduled its 16th Annual General Meeting (AGM) for September 11, 2026. The board approved the FY26 Annual Report and appointed internal and cost auditors for the 2026-27 fiscal year. Notably, the company disclosed and paid a penalty levied by BSE for the delayed filing of Related Party Transactions (RPT) for the half-year ended March 31, 2026. This administrative update comes as the company faces a significant decline in profitability, with FY26 PAT dropping to Rs 4 Cr from Rs 10 Cr in FY25.

• 16th Annual General Meeting scheduled for September 11, 2026, via video conferencing.
• Record date for e-voting eligibility set as September 4, 2026.
• Penalty paid to BSE for delayed submission of Related Party Transactions under Regulation 23(9).
• FY26 Revenue reported at Rs 683 Cr, a decline from Rs 710 Cr in FY25.
• Kunal Agrawal & Associates appointed as Internal Auditors for FY 2026-27.

Shanti Spintex has scheduled a board meeting for August 13, 2026, to approve the Annual Report for FY26 and finalize the 16th Annual General Meeting (AGM) for September 11, 2026. Notably, the board will review a penalty levied by BSE under Regulation 23(9) concerning Related Party Disclosures for the half-year ended March 31, 2026. The meeting will also cover the appointment of internal and cost auditors for FY27. This follows a challenging FY26 where net profit dropped 60% to Rs 4.0 Cr despite substantial TTM revenues of Rs 1,393 Cr.

• Board meeting scheduled for August 13, 2026, to approve the FY26 Annual Report and Directors' Report.
• 16th Annual General Meeting (AGM) proposed to be held on September 11, 2026, via video conferencing.
• Board to address a penalty communication from BSE regarding Regulation 23(9) (Related Party Disclosures) non-compliance.
• Appointment of Internal and Cost Auditors for the 2026-27 financial year to be considered.
• Company reported a significant margin contraction in FY26 with OPM at 1.0% compared to 3.0% in FY25.