Borana Weaves Ltd

Borana Weaves Ltd announced its Board of Directors has approved entering into a loan agreement with Win Star Industries Private Limited. The company will grant an unsecured loan of up to ₹5,00,00,000 (Rupees Five Crore Only) to Win Star Industries for its business activities. The loan agreement was executed on September 5, 2026, with an interest rate of 12.00% per annum. The tenure is until repayment on demand or earlier termination by mutual consent. Borana Weaves Limited is the lender, and Win Star Industries Private Limited is the borrower. No security has been provided for the loan, and the outstanding amount as of the disclosure date is Nil. The parties are not related, and the transaction is not considered a related party transaction.

Borana Weaves Ltd announced that its Board of Directors, in a meeting held on September 5, 2026, approved entering into a loan agreement with Win Star Industries Private Limited. The company will provide an unsecured loan of up to ₹5 Crore (Rupees Five Crore Only) to Win Star Industries Private Limited to support its business activities. The loan will bear an interest of 12.00% per annum and its tenure is until repayment on demand or earlier termination by mutual consent. Borana Weaves Limited is the lender, and Win Star Industries Private Limited is the borrower. No security is provided for the loan, and no amount is outstanding as of the disclosure date. The parties are not related, and the transaction is not considered a related party transaction.

Borana Weaves Ltd has informed the stock exchange about the dispatch of web-link letters to shareholders whose email addresses are not registered. These letters provide access to the Annual Report for FY 2025-26 and the Notice of the 6th Annual General Meeting. The AGM is scheduled for September 29, 2026, via video conference, adhering to SEBI and MCA regulations for electronic communication. Shareholders can access the documents through provided web links.

Borana Weaves Ltd has announced its 6th Annual General Meeting (AGM) will be held on September 29, 2026, via Video Conferencing. The company has fixed September 22, 2026, as the cut-off date for determining member eligibility for e-voting. Remote e-voting will commence on September 26, 2026, and conclude on September 28, 2026. The Annual Report for FY 2025-26, along with the AGM notice, has been submitted and is available on the company's website. The report highlights Borana Weaves' integrated textile manufacturing capabilities, precision execution, and responsible growth strategy, emphasizing its journey from fibre to fabric.

Borana Weaves Ltd has issued a notice for its 6th Annual General Meeting (AGM) scheduled for September 29, 2026. The meeting will be conducted via Video Conferencing (VC) or Other Audio Visual Means (OAVM), in compliance with MCA and SEBI regulations. A cut-off date of September 22, 2026, has been set to determine voting eligibility. The company has partnered with NSDL for e-voting, which will commence on September 26, 2026, and conclude on September 28, 2026. The Annual Report for FY 2025-26, containing the AGM notice, has also been published on the company's website.

Borana Weaves Ltd has announced a revised commissioning timeline for its 9.9 MW Hybrid Power Project in Kalikanagar, Gujarat. The project, originally expected by August 31, 2026, will now see partial commissioning of one WTG location with the 7.65 MW solar component by September 30, 2026. The remaining two WTG locations are now tentatively scheduled for commissioning by the end of October 2026. The delays are attributed to external factors including high wind speeds affecting WTG erection, heavy monsoon conditions necessitating road rework, and delays in obtaining necessary shutdowns for transmission line work from various authorities.

Borana Weaves Ltd announced the outcome of its Board Meeting held on August 11, 2026. The board approved the Un-Audited Standalone Financial Results for the quarter ended June 30, 2026, along with the Limited Review Report. Key decisions also included approving an expansion plan at Unit 4 with the installation of 192 Water Jet Looms and 3 Texturizing Machines, targeted for commercial production by December 2026, funded by internal accruals. Material Related Party Transactions for FY 2026-27 were approved, subject to necessary approvals. The Board's Report for FY ended March 31, 2026, was also approved. Additionally, the board approved revisions in remuneration for Chairman and Managing Director Mr. Mangilal Ambalal Borana, Executive Director and CFO Mr. Rajkumar Mangilal Borana, and Executive Director and CEO Mr. Ankur Mangilal Borana, pending shareholder approval. The 6th Annual General Meeting is scheduled for September 29, 2026. The appointment of Ms. K. Dalal & Co. as Secretarial Auditor and the re-appointment of Ms. KSA & Co. as Statutory Auditors for a five-year term were also approved, subject to shareholder consent.

Borana Weaves Ltd announced its un-audited standalone financial results for the quarter ended June 30, 2026. The Board of Directors also approved an expansion project at Unit 4, involving the installation of 192 Water Jet Looms and 3 Texturizing Machines, with commercial production expected by December 2026. The company also approved material related party transactions for FY 2026-27, the Board's Report for FY ended March 31, 2026, and revisions in remuneration for key management personnel, subject to shareholder approval. The 6th Annual General Meeting is scheduled for September 29, 2026. Additionally, the appointment of a new Secretarial Auditor and re-appointment of Statutory Auditors for a five-year term were approved.

Borana Weaves Ltd has announced a Board of Directors meeting scheduled for August 11, 2026. The primary agenda items include the consideration and approval of the Un-Audited Financial Results for the quarter ended June 30, 2026. Additionally, the board will review and approve the installation of 192 Water Jet Looms and 3 Texturizing Machines at Unit 4, targeting commercial production by December 2026. The meeting will also cover Material Related Party Transactions for FY 2026-27 and the Board's Report for FY ended March 31, 2026.

Borana Weaves Ltd announced the appointment of Mr. Kunjal Dalal, Proprietor of K. Dalal & Co., as the company's Secretarial Auditor. This appointment, effective July 29, 2026, fills a casual vacancy arising from the resignation of the previous auditor. The term of appointment extends until the upcoming Annual General Meeting. Mr. Dalal brings over three decades of experience in company law, securities laws, and capital market transactions.