MARIS SPINNERS LTD.-$

Maris Spinners Ltd has announced that its Board of Directors will convene on August 7, 2026. The primary agenda item for this meeting is to consider and approve the company's unaudited financial results for the quarter ended June 2026. Other subjects may also be discussed with the Chairman's permission.

Maris Spinners Ltd has announced the closure of its trading window from July 1, 2026, until 48 hours after the declaration of its quarterly financial results for the quarter ended June 30, 2026. This measure is in compliance with SEBI (Prohibition of Insider Trading) Regulations, 2015. Designated persons, including directors, are prohibited from trading in the company's shares during this period to prevent potential insider trading activities.

531503 announced the book closure for its 47th Annual General Meeting (AGM) to be held on August 20, 2026. The Register of Members will be closed from August 14, 2026, to August 20, 2026, inclusive of both days. This decision was approved by the Board of Directors at their meeting on May 28, 2026. The cut-off date for e-voting for the AGM is August 13, 2026, allowing shareholders to exercise their voting rights.

The Board of Directors of 531503 (Maris Spinners Limited) at its meeting on May 28, 2026, approved and recommended the reappointment of Mr. T Raghuraman (DIN: 01722570) as the Managing Director. His new tenure will be for a period of 3 years, effective from September 23, 2026, to September 22, 2029. This reappointment is contingent upon the approval of shareholders at the forthcoming 47th Annual General Meeting. Mr. Raghuraman, a promoter of the company, is recognized for his extensive experience in the textile industry and his significant contributions to the company's growth. He is also related to Mr. T Jayaraman (Director) and Mr. Athithya Raghuraman (Wholetime Director).

The Board of Directors of 531503 held a meeting on May 28, 2026, approving and adopting the audited accounts, Director's report, Balance Sheet, and cash flow statement for the financial year ended March 31, 2026. No dividend was considered for FY26. The 47th Annual General Meeting (AGM) was approved for August 20, 2026, with the register of members to be closed from August 14-20, 2026. Mr. A. Gopala Iyengar was re-appointed as the Cost Auditor for FY27. Additionally, Mr. T Raghuraman was re-appointed as the Managing Director for a period of three years from September 23, 2026, to September 22, 2029.

Maris Spinners Ltd has announced a Board Meeting scheduled for May 28, 2026, to approve the audited financial results for the year ending March 31, 2026. The board will also fix the date for the Annual General Meeting, approve the meeting's notice, and approve the book closure/record date. Additionally, related party transactions for the half-year ending March 31, 2026, will be reviewed, and the reappointment of Mr. T Raghuraman as Managing Director for a 3-year term will be considered.

Maris Spinners Ltd received a disclosure from Mr. Ravindran, a promoter, regarding the transfer of 249,600 equity shares, representing 3.15% of the company's total equity. The transfer was an offline transaction from his Hindu Undivided Family (HUF) category to his individual capacity. This change in holding occurred on March 20, 2026, and was intimated to the company on April 10, 2026. Mr. Ravindran continues to be classified under the promoter category following this internal reclassification of shares. The disclosure was made in compliance with Regulation 7(2) of the SEBI (Prohibition of Insider Trading) Regulations, 2015.

Maris Spinners Ltd. has received a partial interest subsidy of INR 40,99,962/- from the Commissioner of Textiles and Director, Bangalore. This subsidy is against the total due of INR 73,30,834/- claimed up to December 2025. The subsidy release is a positive development for the company and its stakeholders.

Maris Spinners Ltd has received a partial payment of Rs. 0.53 Crs from the Government of Karnataka against the outstanding claim amount of Rs. 1.26 Crs towards interest subsidy. The Commissioner of Textiles and Director, Bangalore, have released this amount against the total due of Rs. 1,26,30,864/- claimed up to December 2025. This payment is a significant development for the company and its stakeholders.

The Board of Directors of Maris Spinners Ltd, at its meeting held on 11th February 2026, authorized Mr. Harigovind, Wholetime Director, to negotiate and finalize a solar power purchase agreement with Neo Green Power Generation Pvt Ltd. The agreement is for the purchase of solar power from their plant in Karnataka for Unit 1, Mysore. The investment in equity shares for this purpose will not exceed Rs. 50 Lakhs.