Submission of Annual Report For The Financial Year 2025-26

YARN SYNDICATE LIMITED CIN: L51109GJ1946PLC153972 Registered Office & Corporate office: 188/2, Ranipur Village, Opp. CNI Church, Narol, Ahmedabad, Daskroi, Gujarat, India, 382 405 E-mail: ysl@yarnsyndicate.in Contact No: +91 78628 68215 Date: 31st July, 2026 BSE Limited Phiroze Jeejeebhoy Tower, Dalal Street, Mumbai – 400 001 Dear Sir / Madam, Sub: Submission of Annual Report for the Financial Year 2025-26 Ref: Security Id: YARNSYN / Code: 514378 Pursuant to Regulation 34 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we are submitting herewith the Annual Report of the 80th Annual General Meeting (“AGM”) of the Company to be held on Monday, 24th August, 2026 at 3:00 P.M. through Video Conferencing (“VC”) / Other Audio-Video Means (“OAVM”). Kindly take the same on your record and oblige us. Thanking You. For, Yarn Syndicate Limited Tarachand Gangasahay Agrawal Director DIN: 00465635 YARN SYNDICATE LIMITED 80TH ANNUAL REPORT 2025-26 INDEX Sr. No. Particulars Page No. 1. Company Information 4 2. Notice of Annual General Meeting 5 3. Board’s Report 29 3(a). Annexure I – AOC-1 40 3(b). Annexure II – AOC-2 41 3(c). Annexure III – Management Discussion and Analysis Report 43 3(d). Annexure IV – Corporate Governance Report 48 3(e). Annexure V – Secretarial Audit Report 68 4. Independent Auditor’s Report (Standalone) 75 5 Financial Statements for the Financial Year 2025-26 5(a). Balance Sheet 84 5(b). Statement of Profit and Loss 85 5(c). Cash Flow Statement 86 5(d). Notes to Financial Statement 87 6 Independent Auditor’s Report (Consolidated) 108 7(a). Financial Statements for the Financial Year 2025-26 7(b). Balance Sheet 114 7(c). Statement of Profit and Loss 115 7(d). Cash Flow Statement 116 7(e). Notes to Financial Statement 117 Company Information Board of Directors Mr. Ravi NiranjanPandya Managing Director Mr. TarachandbhaiAgrawal Non-Executive Non- Independent Director Mr. Mithlesh Agrawal Non-Executive Non- Independent Director Mr. Burhanuddin Hakimuddin Lokhandwala Non-Executive Independent Director Ms. Nidhi Bansal Non-Executive Independent Director Audit Committee Ms. Nidhi Bansal Chairperson Mr. Ravi Niranjan Pandya Member Mr. Burhanuddin Hakimuddin Lokhandwala Member Nomination and Ms. Nidhi Bansal Chairperson Remuneration Mr. TarachandbhaiAgrawal Member Committee Mr. Burhanuddin Hakimuddin Lokhandwala Member Stakeholder Mr. TarachandbhaiAgrawal Chairperson Relationship Mr. Nidhi Bansal Member Committee Ms. Ravi Niranjan Pandya Member Key Managerial Personnel Mr. Ravi Niranjan Pandya Managing Director Mr. Dharmesh Vimalkumar Tripathi Chief Financial Officer Statutory Auditor M/s. S SRV & Associates., Chartered Accountants, Mumbai Secretarial Auditor M/s. Jay Pandya& Associates, Company Secretaries, Ahmedabad Share Transfer Agent Cameo Corporate Services Limited, "Subramanian Building", 1, Club House Road, Chennai – 600 002 Registered Office 188/2, Ranipur Village, Opp. CNI Church, Narol, Ahmedabad, Daskroi, Gujarat, India, 382405 Website www.yarnsyndicate.in NOTICE OF THE 80THANNUAL GENERAL MEETING (“AGM”) Notice is hereby given that the 80th Annual General Meeting (“AGM”) of the Shareholders of Yarn Syndicate Limited will be held on Monday, 24th August, 2026 at 3:00 P.M. through Video Conferencing (“VC”) / Other Audio Visual Means (“OAVM”) to transact the following businesses. ORDINARY BUSINESS: 1. To Receive, Consider and Adopt: a. The Audited Standalone Financial Statement of the Company for the financial year ended on 31st March, 2026 together with and Statement of Profit and Loss together with the notes forming part thereof along with Cash Flow Statement for the financial year ended on that date, and the Reports of the Board of Directors (“The Board”) and the Auditors thereon. b. The Audited Consolidated Financial Statement of the Company for the financial year ended on 31st March, 2026 and Statement of Profit and Loss Account together with the notes forming part thereof and Cash Flow Statement for the Financial Year ended on that date. 2. To appoint Mr. Mithleshkumar Agrawal (DIN: 03468643), who retires by rotation and being eligible, offers himself for re-appointment. To consider and if thought fit, to pass with or without modification(s) the following Resolution as an Ordinary Resolution: “RESOLVED THAT, Mr. Mithleshkumar Agrawal (DIN: 03468643), who retires by rotation from the Board of Directors pursuant to the provisions of Section 152 of the Companies Act, 2013 and Articles of Association of the Company, and being eligible offers himself for re-appointment, be and is hereby re-appointed as the Director of the Company.” SPECIAL BUSINESS: 3. Regularization of Appointment of Mr. Burhanuddin Hakimuddin Lokhandwala (DIN: 11705597) Director as a Non-Executive & Independent Director of the Company: To consider and if thought fit, to pass with or without modification(s), the following resolution as a Special Resolution: “RESOLVED THAT, pursuant to the provisions of Sections 149, 150 and 152 read with all other applicable provisions of the Companies Act, 2013, (‘the Act’) and the Companies (Appointment and Qualification of Directors) Rules, 2014, and the applicable provisions of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015 (‘Listing Regulations’), including any statutory modification(s) or re-enactment(s) of the Act and Listing Regulations, and in terms of Articles of Association of the Company, Mr. Burhanuddin Hakimuddin Lokhandwala (DIN: 11705597), who was appointed as an Additional Non-Executive and Independent Director of the Company in the Board meeting dated 25th May, 2026 in terms of Section 161 of the Act and whose term of office expires as on this General Meeting and who qualifies for being appointed as an Independent Director and in respect of whom the Company has received a notice in writing under Section 160 of the Act from a member proposing his candidature for the office of Independent Director, be and is hereby appointed as an Independent Director of the Company, not liable to retire by rotation, to hold office for a term of 5 (five) consecutive years with effect from 25th May, 2026 to 24th May, 2031. “RESOLVED FURTHER THAT, the Board be and is hereby authorized to do all such acts, deeds and things and execute all such documents, instruments and writings as may be required and to delegate all or any of its powers herein conferred to any Committee of Directors or Director(s) to give effect to the aforesaid resolution.” 4. Appointment of M/s. Jitendra Parmar & Associates, Practicing Company Secretaries, Ahmedabad (FRN: S2023GJ903900) as the Secretarial Auditor of the Company for a Period of Five (5) Years: To consider and, if thought fit, to pass with or without modification(s) the following resolution as an Ordinary Resolution: “RESOLVED THAT, pursuant to the provisions of Regulation 24A and other applicable Regulations of the Securities and Exchange Board of India (Listing Obligations and Disclosure Requirements) Regulations, 2015, (‘SEBI Listing Regulations’), Section 204 of the Companies Act, 2013 (“Act”) and other applicable provisions of the Act, if any and the Rules framed thereunder, as amended from time to time, and based on the recommendation of the Audit Committee and the Board of Directors of the Company (hereinafter referred to as the ‘Board’), M/s. Jitendra Parmar & Associates, Practicing Company Secretaries, Ahmedabad (FRN: S2023GJ903900, Peer Review Certificate No. 3523/2023) (Membership No.: FCS – 11336) be and are hereby appointed as the Secretarial Auditor of the Company for an Audit period of five consecutive years commencing from F.Y. 2026-27 until F.Y. 2030-31, on such remuneration as may be mutually agreed upon between the Board and the Secretarial Auditor. “RESOLVED FURTHER THAT, the Board of Directors of the Company (which term shall be deemed to include any Committee of the Board constituted to exe [Showing first 8,000 characters — download PDF for full document]