Pashupati Cotspin Completes Share Subdivision and MOA Amendment Process

Pashupati Cotspin Limited has successfully completed its postal ballot process and formally amended its Memorandum of Association following unanimous shareholder approval for two critical corporate resolutions. The company announced the completion on March 31, 2026, with the formal intimation to stock exchanges regarding the alteration of the Capital Clause.

Resolutions Approved and Implemented

Shareholders approved two ordinary resolutions through the postal ballot process, both of which have now been implemented:

Resolution No. Particulars Type Status 1 Sub-division (Split) of Equity Shares Ordinary Resolution Completed 2 Alteration of the Capital Clause of the Memorandum of Association Ordinary Resolution Completed

Updated Authorized Share Capital Structure

Following the unanimous approval, the existing Clause V of the company's Memorandum of Association has been formally substituted. The updated capital structure reflects the implementation of the share subdivision:

Parameter New Structure Authorized Share Capital Rs. 16,00,00,000 (Rupees Sixteen Crores) Number of Equity Shares 16,00,00,000 (Sixteen Crores) Face Value per Share Re. 1/- (Rupee One)

Scrutinizer's Report and Voting Results

CS Janki Shah, Proprietor of M/s. SJV & Associates, served as the appointed scrutinizer and submitted her report dated March 30, 2026. The postal ballot witnessed remarkable unanimity among participating shareholders with both resolutions receiving identical voting patterns and no opposition votes recorded.

Comprehensive Voting Breakdown

Category Shares Held Votes Polled Polling % Votes in Favor Votes Against Promoter and Promoter Group 1,04,16,200 73,78,600 70.84% 73,78,600 0 Public-Institutions 21,13,402 0 0.00% 0 0 Public-Non-Institutions 32,54,398 36,200 1.11% 36,200 0 Total 1,57,84,000 74,14,800 46.98% 74,14,800 0

Regulatory Compliance and Exchange Intimation

The company has formally intimated both BSE Limited (Scrip Code: 544448) and National Stock Exchange of India Limited (Symbol: PASHUPATI) about the completion of the MOA amendment under Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The intimation was signed by Managing Director Saurin Jagdish Bhai Parikh and submitted on March 31, 2026.

Key Process Timeline

Parameter Details Board Meeting Date February 26, 2026 E-voting Period February 28 - March 29, 2026 Scrutinizer Report Date March 30, 2026 MOA Amendment Completion March 31, 2026 Exchange Intimation March 31, 2026

The updated information has been made available on the company's website at www.pashupaticotspin.com for transparency and regulatory compliance. Both resolutions were deemed passed on March 29, 2026, being the last date of remote e-voting, with the requisite majority confirmed through the NSDL e-voting platform.

Pashupati cotspin Limited's promoter group member Hariprabha Aravindbhai Parikh has pledged 2,00,000 equity shares of the company to Armour Capital Private Limited on March 18, 2026. The pledge represents 1.27% of the company's total share capital and was created for loan repayment purposes.

Pledge Details and Regulatory Compliance

The disclosure was made under Regulation 31(1) and 31(2) of SEBI (Substantial Acquisition of Shares and Takeovers) Regulations, 2011. Ms. Parikh filed the necessary documentation with both BSE Limited and National Stock Exchange of India Limited on March 25, 2026, maintaining compliance with regulatory requirements for encumbrance of shares by promoter group members.

Parameter: Details Pledged Shares: 2,00,000 Percentage of Total Capital: 1.27% Pledge Date: March 18, 2026 Beneficiary Entity: Armour Capital Private Limited Purpose: Repayment of Loan Type of Encumbrance: Pledge (Creation)

Promoter Holdings and Share Structure

Ms. Hariprabha Aravindbhai Parikh holds a total of 15,83,000 shares in Pashupati Cotspin Limited, representing 10.03% of the company's total share capital. Prior to this transaction, she had no encumbered shares in the company. The current pledge brings her total encumbered shareholding to 2,00,000 shares or 1.27% of the total share capital.

Shareholding Details: Before Pledge After Pledge Total Holdings: 15,83,000 shares (10.03%) 15,83,000 shares (10.03%) Encumbered Shares: 0 shares (0.00%) 2,00,000 shares (1.27%) Free Holdings: 15,83,000 shares (10.03%) 13,83,000 shares (8.76%)

Corporate Governance and Transparency

The company maintains transparency in its corporate governance practices by promptly disclosing material changes in promoter shareholding patterns. Pashupati Cotspin Limited's shares are listed on both National Stock Exchange of India Limited and BSE Limited, ensuring broad market access and regulatory oversight.

Ms. Parikh, based in Kadi, Gujarat, serves as an authorized signatory for the disclosure and maintains her registered address at A-47 Rajeshwari Society Thol Road Kadi, Mahesana district. The disclosure documentation was also copied to the Company Secretary of Pashupati Cotspin Limited at the company's registered office in Balasar, Kadi.

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