Reg 34(1) Annual Report 2025 - 2026.

2025 - 2026 POLYSPIN EXPORTS LIMITED BOARD OF DIRECTORS SHRI R. RAMJI, MANAGING DIRECTOR & CEO (Upto May 2, 2026) SMT. DURGA RAMJI, MANAGING DIRECTOR (From May 29, 2026) SMT. SHWETHA RAMJI (From May 29, 2026) SHRI S.R. SUBRAMANIAN SHRI S.R. VENKATANARAYANA RAJA SHRI V.S. JAGDISH SHRI R. SUNDARAM SHRI S.V. RAVI SHRI RAJESH DEVARAJAN COMPANY SECRETARY SHRI A. EMARAJAN AUDITORS M/s. KRISHNAN AND RAMAN, CHARTERED ACCOUNTANTS, No.42, SEVALPATTI SOUTH STREET, RAJAPALAYAM - 626 117. SECRETARIAL AUDITOR SHRI B. SUBRAMANIAN B.Com., FCS., ACMA, PRACTISING COMPANY SECRETARY, S2, RAOS' HAUS, 6, SOMASUNDARAM STREET, T. NAGAR, CHENNAI - 600 017. BANKERS STATE BANK OF INDIA AXIS BANK LIMITED REGISTERED OFFICE 351, P.A.C.R. SALAI, RAJAPALAYAM - 626 117. CORPORATE IDENTIFICATION NUMBER L51909TN1985PLC011683 E-MAIL : fibc@polyspin.in PHONE NO : 04563 - 221554 / 284000 WEBSITE : www.polyspin.org ADMINISTRATIVE OFFICE 1, RAILWAY FEEDER ROAD, CHOLAPURAM SOUTH - 626 139. RAJAPALAYAM (VIA). LISTED STOCK EXCHANGE BSE LIMITED REGISTRAR & TRANSFER AGENTS M/S. INTEGRATED REGISTRY MANAGEMENT SERVICES PRIVATE LIMITED, 2ND FLOOR, "KENCES TOWERS", NO.1, RAMAKRISHNA STREET, NORTH USMAN ROAD, T.NAGAR, CHENNAI - 600 017. PHONE NO: 044 - 28140801-03. POLYSPIN EXPORTS LIMITED Registered Office : 351, P.A.C.R. Salai, Rajapalayam - 626 117. CIN : L51909TN1985PLC011683 CORPORATE TEAM Chief Operating Officer : Shri B. Ponram Chief Financial Officer : Shri S. Seenivasa Varathan Board Committees : Audit Committee : Shri R. Sundaram, Chairman Shri S.V. Ravi Shri V.S. Jagdish Shri Rajesh Devarajan Stakeholders Relationship Commitee : Shri S.R. Subramanian, Chairman Shri S.R. Venkatanarayana Raja Smt. Durga Ramji (From may 29, 2026) Nomination and Remuneration Committee : Shri R. Sundaram, Chairman Shri S.R. Venkatanarayana Raja Shri V.S. Jagdish Corporate Social Responsibility Committee : Shri S.R. Venkatanarayana Raja, Chairman Shri S.V. Ravi Smt. Shwetha Ramji (From may 29, 2026) POLYSPIN EXPORTS LIMITED Registered Office : 351, P.A.C.R. Salai, Rajapalayam - 626 117. CIN : L51909TN1985PLC011683 NOTICE: “RESOLVED THAT pursuant to the provisions of Section 152, 161 and other applicable provisions, if any, of the Companies Notice is hereby given that the 41st Annual General Act, 2013 read with Rules made thereunder and Companies Meeting of the members of the Company will be held on Friday, (Appointment and Qualification of Directors) Rules, 2014 the 21st day of August, 2026 at 11.00 A.M. through Video (including any statutory modifications or re-enactment thereof Conferencing (VC) or Other Audio Visual Means (OAVM) to for the time being in force), Smt. Shwetha Ramji transact the following businesses. (DIN: 07702567), who was appointed as an Additional Director ORDINARY BUSINESS: by the Board of Directors at their meeting held on May 29, 2026 Item No: 1 and who holds office upto the date of this Annual General Adoption of Standalone and Consolidated Financial Meeting, be and is hereby appointed as Director of the Statements and Reports:- Company. To consider and if thought fit, to pass with or without RESOLVED FURTHER THAT the Board of Directors and modification, the following Resolution, as an ORDINARY Shri A. Emarajan, Company Secretary of the Company be and RESOLUTION: are hereby authorized severally for and on behalf of the Company to take all necessary steps and to do all such acts, “RESOLVED THAT the Audited Standalone Financial deeds, matters and things which may deem necessary in this Statements of Balance Sheet as at 31st March, 2026, behalf.” Statement of Profit and Loss account for the year ended on Item No: 4 that date, the Cash Flow Statement for the year ended on that date and Audited Consolidated Financial Statements of Appointment of Smt. Durga Ramji (DIN: 00109397) as Balance Sheet as at 31st March, 2026 and Profit & Loss Managing Director of the Company:- Account for the year ended on that date, the Cash Flow To consider and if thought fit, to pass with or without Statement for the year ended on that date, the Director's modification, the following Resolution, as a SPECIAL Report and the Independent Auditor's Reports thereon, be RESOLUTION: and are hereby considered, approved and adopted.” “RESOLVED THAT pursuant to the provisions of Sections Item No : 2 196, 197, 203 and other applicable provisions of Companies Re-appointment of Shri S.R. Subramanian (DIN: 00122141) Act, 2013 (the “Act”) read with Schedule V of the Companies as Director, who retires by rotation: Act, 2013 and the rules made thereunder [including any statutory modification(s) or re-enactment(s) thereof for the To consider and if thought fit, to pass with or without time being in force] and SEBI (Listing Obligations and modification, the following Resolution, as an ORDINARY Disclosure Requirements) Regulations, 2015 (including any RESOLUTION: amendments thereto or re-enactment thereof, for the time RESOLVED THAT Shri S.R. Subramanian (DIN:00122141) being in force) (hereinafter collectively referred to as the Director of the Company, who retires by rotation at this “Applicable Laws”) and the Articles of Association of the Annual General Meeting and being eligible for re-appointment Company and on the recommendation of Nomination and be and is hereby appointed as a Director of the Company, Remuneration Committee and subject to any other approvals liable to retire by rotation.” as may be necessary, Smt. Durga Ramji (DIN: 00109397), Non-Executive Director of the Company be and is hereby SPECIAL BUSINESS: appointed as Managing Director & Key Managerial Personnel Item No : 3 of the Company for a period of 3 years commencing from Regularization of Additional Director Smt. Shwetha Ramji May 29, 2026, at a remuneration equivalent to 5% of the net (DIN: 07702567) as the Director of the Company: profits of the Company. To consider and if thought fit, to pass with or without RESOLVED FURTHER THAT where in any financial year modification, the following Resolution, as an ORDINARY during the currency of her tenure, the Company has no profits RESOLUTION: or inadequate profits, Smt. Durga Ramji, Managing Director POLYSPIN EXPORTS LIMITED shall be paid remuneration of Rs. 204 Lakhs per annum General Meeting (AGM) through Video Conferencing subject to restrictions if any set out in Schedule V of the (VC) or Other Audio-Visual Means (OAVM) without the Companies Act, 2013 from time to time along with the following physical presence of Members. In compliance with the perquisites: applicable provisions of the Act and MCA Circulars, the 41st AGM of the Members will be held through VC/OAVM. a) Perquisites: Payment as per the Company's rules, Hence, Members can attend and participate in the AGM subject to the provisions of Schedule V Part II through VC/OAVM only. Since this AGM is being held Section II of the Companies Act, 2013 and Income through VC/OAVM, the physical attendance of members Tax Act 1961. It shall be restricted to 50% of the is dispensed with and no proxies would be accepted by salary per annum. the Company. No proxy form has been sent along with b) Contribution to provident fund, superannuation this Notice. No attendance slip/route map has been sent fund or annuity fund to the extent these either along with this Notice as the meeting is held through singly or put together are not taxable under Income VC/ OAVM. Members who are shareholders as on Friday, Tax Act, 1961. August 14, 2026 (“Cut-off Date”) can join the AGM 15 minutes prior to the commencement of the AGM i.e. at c) Gratuity payable at a rate not exceeding half a 10:45 A.M. and till the time of the conclusion of the AGM month's salary for each completed year of service. by following the procedure mentioned in this Notice. d) Encashment of leave at the end of tenure and other 3. The attendance through VC/OAVM is restricted and perquisites as allowed under Section IV of hence members will be allowed on first come first served Schedule V of the Companies Act, [Showing first 8,000 characters — download PDF for full document]