Akshar Spintex Ltd - 541303 - Appointment Of Secretarial Auditor And Cost Auditor Of The Company For The Financial Year 2023-2024.
As per Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit details of appointment of Secretarial Auditor and Cost Auditor of the Company for the Financial Year 2023-2024. Akshar Spintex Ltd - 541303 - Financial Results For The Quarter & Year Ended On 31.03.2023
As per regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the Audited Standalone Financial Results along with Audit Report thereon for the Quarter & Year ended on 31st March, 2023. Akshar Spintex Ltd - 541303 - Board Meeting Outcome for Outcome Of Board Meeting Of AKSHAR SPINTEX LIMITED Held On Saturday, 27Th May, 2023
Dear Sir/Madam, With reference to the above captioned subject and in Compliance with Regulation 30 and 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, we hereby submit the outcome of the meeting of the Board of Directors of the Company held on Saturday, 27th May, 2023 at the Registered Office of the Company situated at Revenue Survey No.102/2 Paiki, Plot No. - 2 Village: Haripar, Ranuja Road. Tal: Kalavad. Jamnagar-361013 (Guj). Akshar Spintex Ltd - 541303 - Board Meeting Intimation for Consider And Approve The Audited Standalone Financial Results For The Quarter/Half Year/ Year Ended On 31-03-2023.
Akshar Spintex Ltdhas informed BSE that the meeting of the Board of Directors of the Company is scheduled on 27/05/2023 ,inter alia, to consider and approve 1. To consider and approve the Audited Standalone Financial Results along with Audit Report thereon by Auditor of the Company for the Quarter / Half Year / Year ended on 31-03-2023. 2. To approval of Statement of Assets and Liabilities as at the end of the Half Year/Year ended on 31-03-2023. 3. To appointment of CS Piyush Jethva, Practicing Company Secretaries as a Secretarial Auditor of the Company for the financial year 2023-2024. 4. To appointment of M/s. Mitesh Suvagiya & Co. Practicing Cost Accountant as a Cost Auditor of the Company for the financial year 2023-2024. 5. To consider and approve the proposal to sub-divide/split of the Equity Shares of the Company in such manner as may be determined by the Board of Directors and subject to approval of the Shareholders and such authorities as may be required. 6. To consider and approve the Resignation of Mr. Jagdish D. Otradi (Chief Financial Officer) of the Company. 7. Any other business(s) with permission of Chair, if any. Akshar Spintex Ltd - 541303 - Compliances-Reg.24(A)-Annual Secretarial Compliance
Dear Sir/Madam, Pursuant to Regulation 24A of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 read with the relevant Circular(s) issued by SEBI/Exchanges from time to time, we are submitting the Annual Secretarial Compliance Report of the Company for the year ended 31-03-2023, issued by CS Piyush Jethva, Practicing Company Secretary, Rajkot and the Secretarial Auditor of the Company. Kindly take this on your record and treat the same as compliance with the applicable provisions of the Listing Regulations. Thanking You, Akshar Spintex Ltd - 541303 - Format of the Annual Disclosure to be made by an entity identified as a LC - Annexure B2
Format of the Annual Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1 Name of Company Akshar Spintex Ltd 2 CIN NO. L17291GJ2013PLC075677 3 Report filed for FY 2022-2023 Details of the Current block (all figures in Rs crore): 4 2 - year block period (Specify financial years)* 2022-2023, 2023-2024 5 Incremental borrowing done in FY (T)(a) 0.00 6 Mandatory borrowing to be done through debt securities in FY (T) (b) = (25% of a) 0.00 7 Actual borrowing done through debt securities in FY (T)(c) 0.00 8 Shortfall in the borrowing through debt securities, if any, for FY (T - 1) carried forward to FY (T) (d) 0 8Quantum of (d), which has been met from (c)(e)* 0 9 Shortfall, if any, in the mandatory borrowing through debt securities for FY (T) { after adjusting for any shortfall in borrowing for FY(T - 1) which was carried forward to FY(T)}(f) = (b) - [(c) - (e)]{ If the calculated value is zero or negative, write 'nil'}* 0 Details of penalty to be paid, if any, in respect to previous block (all figures in Rs crore): 2 - year Block period (Specify financial years)2020-2021, 2021-2022 Amount of fine to be paid for the block, if applicable Fine = 0.2% of {(d) - (e)}#0.00 Name of the Company Secretary :-PRATIK MAKWANADesignation :-COMPANY SECRETARY AND COMPLIANCE OFFICER Name of the Chief Financial Officer :- JAGDISH OTRADI Designation : -CHIEF FINANCIAL OFFICER Date: 12/05/2023 Akshar Spintex Ltd - 541303 - Announcement under Regulation 30 (LODR)-Resignation of Chief Financial Officer (CFO)
This is inform you that Mr. Jagdish D. Otradi, Chief Financial Officer ('CFO') and Key Managerial Personnel of M/s Akshar Spintex Limited ('the Company') has tendered his resignation due to personal reasons. The Company shall be placed his resignation letter before the Board of Directors of the company in the immediate next Board Meeting and he shall be relieved from his duties as CFO from the immediate next Board Meeting of the Company. We thank Mr. Jagdish D. Otradi for his contributions to the Company during his tenure and wish him success in his future endeavors. The Company is in the process of identifying a suitable replacement and shall inform the stock exchanges in due course, in accordance with the applicable regulations. The details required under Regulation 30 of the SEBI Listing Regulations, read with Schedule III thereto and the SEBI Circular No. CIR/CFD/CMD/4/2015 dated September 09, 2015 ('SEBI Circular'), is enclosed herewith as Annexure I. Thanking You. Akshar Spintex Ltd - 541303 - Format of the Initial Disclosure to be made by an entity identified as a Large Corporate : Annexure A
Format of Initial Disclosure to be made by an entity identified as a Large Corporate. Sr. No. Particulars Details 1Name of CompanyAkshar Spintex Ltd 2CIN NO.L17291GJ2013PLC075677 3 Outstanding borrowing of company as on 31st March / 31st December, as applicable (in Rs cr) 17.67 4Highest Credit Rating during the previous FY NA 4aName of the Credit Rating Agency issuing the Credit Rating mentioned in (4)Not Applicable 5Name of Stock Exchange# in which the fine shall be paid, in case of shortfall in the required borrowing under the frameworkBSE We confirm that we are a Large Corporate as per the applicability criteria given under the SEBI circular SEBI/HO/DDHS/CIR/P/2018/144 dated November 26, 2018. No Name of the Company Secretary: PRATIK MAKWANA Designation: COMPANY SECRETARY AND COMPLIANCE OFFICER EmailId: cs@aksharspintex.in Name of the Chief Financial Officer: JAGDISH OTRADI Designation: CHIEF FINANCIAL OFFICER EmailId: cfo@aksharspintex.in Date: 29/04/2023 Note: In terms para of 3.2(ii) of the circular, beginning F.Y 2022, in the event of shortfall in the mandatory borrowing through debt securities, a fine of 0.2% of the shortfall shall be levied by Stock Exchanges at the end of the two-year block period. Therefore, an entity identified as LC shall provide, in its initial disclosure for a financial year, the name of Stock Exchange to which it would pay the fine in case of shortfall in the mandatory borrowing through debt markets. Akshar Spintex Ltd - 541303 - Compliance Certificate Under Regulation 40(9) & 40(10) Of SEBI (Listing Obligations And Disclosure Requirements) Regulations, 2015 For The Year Ended On March 31, 2023.
Dear Sir/ Madam, Please find enclosed herewith a compliance certificate under regulation 40(9) & 40(10) of SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015 for the period 01-04-2022 to 31-03-2023 issued by CS Piyush Jethva, Practising Company Secretary. We request you to kindly take the same on record.