GARWARE MARINE INDUSTRIES LTD.

Garware Marine Industries Ltd announced an Extra Ordinary General Meeting (EGM) to approve a corporate guarantee of up to ₹50 Crores for Garware Offshore Services Limited (GOSL). This supersedes the previous limit of ₹40 Crores. The guarantee will support GOSL's loan for business expansion and will include a commission of up to 0.75% per annum plus GST. The EGM also addressed material related party transactions concerning this guarantee.

Garware Marine Industries Ltd announced the outcome of its Board Meeting held on September 9, 2026. The board approved the issuance of an enhanced "Corporate Guarantee" on behalf of Garware Offshore Services Limited for financial facilities. This transaction, along with resolutions under Section 185 and Section 188 of the Companies Act, 2013, and Regulation 23 of SEBI LODR, will require member approval. Consequently, an Extra Ordinary General Meeting (EGM) has been scheduled for October 7, 2026, to pass the necessary special resolutions. The meeting commenced at 02:00 PM and concluded at 04:10 PM.

Garware Marine Industries Ltd announced outcomes from its Board Meeting held on September 9, 2026. The board approved the issuance of an enhanced "Corporate Guarantee" on behalf of Garware Offshore Services Limited for availing enhanced financial facilities. This transaction is considered a "Material Related Party Transaction" and requires member approval under Section 188 of the Companies Act, 2013, and Regulation 23 of SEBI LODR. Additionally, the board approved resolutions under Section 185, superseding earlier limits, subject to member approval. An Extra Ordinary General Meeting (EGM) is scheduled for October 7, 2026, to pass the necessary special resolutions.

Garware Marine Industries Ltd has announced its 48th Annual General Meeting (AGM) will be held on Wednesday, September 23, 2026, at 11:30 AM. The meeting will be conducted via two-way Video Conference (VC) / Other Audio Visual Means (OVAM). Key agenda items include the adoption of audited financial statements for the year ended March 31, 2026, the re-appointment of a director retiring by rotation, and the approval of re-appointments for an Executive Director and a Non-Executive Independent Director.

Garware Marine Industries Ltd has submitted its Annual Report for the Financial Year 2025-26, in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The report includes audited financial statements, Board's Report, and Auditors' Report. The company will hold its 48th Annual General Meeting (AGM) on September 23, 2026, virtually, to adopt the financial statements, re-appoint a director retiring by rotation, and approve the re-appointment of Mr. Shyamsunder V. Atre as Executive Director for two years.

Garware Marine Industries Ltd announced the appointment of Mr. Hasan A. Bhinderwala as an Additional Director (Non-Executive, Independent) effective August 12, 2026. The appointment is for an initial term of five years, concluding on August 11, 2031, subject to shareholder approval at the upcoming 48th Annual General Meeting. Mr. Bhinderwala brings over 22 years of experience in manufacturing, distribution, and business expansion within the netting solutions industry. The company confirmed he meets independence criteria and is not debarred from holding a director's office. This appointment is in compliance with SEBI Listing Regulations.

Garware Marine Industries Ltd held a board meeting on August 12, 2026, approving the unaudited financial statements for the quarter ended June 30, 2026. The board also took on record the Secretarial Audit Report for FY 2025-26 and approved the draft Directors Report. A significant decision was the appointment of Mr. Hasan A. Bhinderwala as an Additional Director (Non-Executive, Independent) for a five-year term, subject to shareholder approval. The company also approved the draft notice for its 48th Annual General Meeting, scheduled for September 23, 2026.

Garware Marine Industries Ltd has announced that its Board of Directors will convene on August 12, 2026. The primary agenda item for this meeting is to consider and approve the un-audited financial results for the first quarter ended June 30, 2026. The meeting will be conducted via Video Conferencing (ZOOM) at 12:00 noon, with the registered office in Mumbai presumed as the venue. This announcement is made in compliance with SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Garware Marine Industries Ltd announced the revised outcome of its Board Meeting held on May 12, 2026. The board approved the audited financial statements for the quarter and year ended March 31, 2026, along with the statement of assets and liabilities and cash flow statement. A revised management reply on auditors' qualifications was also approved. The company re-appointed Messrs. Kirtane & Pandit LLP as Internal Auditors for FY 2026-27. The Secretarial Audit Report for FY 2025-26 was taken on record. The company also disclosed issuing a corporate guarantee of ₹10 crore for Garware Offshore Services Ltd. The impact of new labor codes, effective from November 21, 2025, will be accounted for from FY 2026-27.

Garware Marine Industries Ltd has announced the closure of its trading window for dealing in securities. The window will be shut from July 1, 2026, in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's internal code of conduct. This closure is in anticipation of the board meeting to approve the un-audited financial results for the quarter ended June 30, 2026. The trading window will reopen 48 hours after the conclusion of the board meeting, the date of which will be communicated separately.