PRAG BOSIMI SYNTHETICS LTD.

Prag Bosimi Synthetics Ltd has announced the closure of its trading window for dealing in the company's shares. This closure is in effect from July 1, 2026, and will remain shut for 48 hours after the declaration of the Un-Audited Financial Results for the Quarter ended June 30, 2026. The restriction applies to Directors, Designated Persons, Designated Employees, Insiders, and their Immediate Relatives, as per SEBI (Prohibition of Insider Trading) Regulations, 2015. The date of the Board Meeting to consider these financial results will be communicated later. This notice serves as a disclosure under SEBI (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Prag Bosimi Synthetics Ltd. announced audited standalone and consolidated financial results for the quarter and year ended March 31, 2025. The Board of Directors approved the results and appointed M/s Bharat Sharoff and Co. as internal auditors for FY 2026-2027. The company's net worth is negative as of March 31, 2026, due to accumulated losses and operational deficits.

Prag Bosimi Synthetics Ltd announced the appointment of Shri Hivare Nisarg Gautam, IAS (Managing Director, AIDC), as the new Chairman and Nominee Director, effective May 19, 2026. This follows the direction of the Government of Assam. Shri Gautam replaces Shri Megha Nidhi Dahal. Shri Gautam, born on August 9, 1990, is an IAS officer of the 2015 batch and holds a B Tech degree from IIT. He also serves as Secretary at Assam in the Chief Minister Office (CMO) since March 13, 2026.

Prag Bosimi Synthetics Ltd has announced a meeting of its Board of Directors scheduled for May 29, 2026. The meeting will be held at the company’s corporate office in Mumbai to consider and approve the audited Standalone and Consolidated Financial Results for the quarter and financial year ended March 31, 2026. The board will also review the statements of assets and liabilities and cash flow statement as of the same date.

Prag Bosimi Synthetics Ltd announced the appointment of Shri Hivare Nisarg Gautam, IAS, as Chairman and Nominee Director, effective May 19, 2026. This change is as per the direction of the Government of Assam, replacing Shri Megha Nidhi Dahal. The appointment follows Notification No. ECF no. 780232/12, dated May 19, 2026. Further details about the Chairman will be shared upon receipt from the Government of Assam.

Prag Bosimi Synthetics Ltd has disclosed a default on dividend payable on Non-Convertible Redeemable Cumulative Preference Shares (NCRCPs) worth 9.06 Crore INR. The default, which has continued beyond 30 days from the date of default (31.03.2026), is due to inadequate profits. The preference shares were issued to promoters only. The total amount issued through debt securities is 15.77 Crore INR, and the total financial indebtedness of the listed entity, including short-term and long-term debt, is 189.67 Crore INR as on 31.03.2026.

Prag Bosimi Synthetics Ltd has announced the closure of the trading window for dealing in the shares of the company. The closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015. The trading window will remain closed for Directors, Designated Persons, Designated Employees, Insiders, and their Immediate Relatives from April 1, 2026 till 48 hours after the declaration of the Audited Financial Results for the Quarter and year ended 31st March, 2026. The date of the Board Meeting for the consideration and declaration of the Audited Financial Results will be intimated in due course. This disclosure is as required under the Securities and Exchange Board of India (Listing Obligation and Disclosure Requirements) Regulations, 2015.

Prag Bosimi Synthetics Ltd has received a demand notice under Section 156 of the Income Tax Act from the Income Tax Department, Office of the Income Tax Officer, Assessment Unit. The notice is in connection with the assessment year 2022-23. The demand appears to have arisen on account of certain calculation differences and/or apparent discrepancies between the assessment made by the Income Tax Department and the income computations filed by the Company. The Company believes that the demand includes elements arising from calculation inconsistencies and is in the process of reviewing the same. The financial implication to the extent of ₹1,12,33,520/- is subject to outcome of further proceedings/appeal. The Company is in the process of reviewing the notice and intends to take appropriate steps, including filing an appeal before the appropriate authority within the prescribed timelines.

Prag Bosimi Synthetics Ltd has announced the closure of its trading window for Directors, Designated Persons, Designated Employees, Insiders, and their Immediate Relatives. The closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and will remain in effect from April 1, 2026, until 48 hours after the declaration of the Audited Financial Results for the Quarter and year ended 31st March, 2026. The date of the Board Meeting for the consideration and declaration of these results will be intimated in due course.

Prag Bosimi Synthetics Ltd has announced its standalone and consolidated un-audited financial results for the quarter and nine months ended December 31, 2025. The company's production activities have been suspended due to disconnection of power, but it plans to restart them in a phased manner once power is reconnected. The company is also following up on pending subsidies and receivables from statutory bodies. The financial results have been prepared in accordance with Companies (Indian Accounting Standard) Rules, 2015. The company had received an order from Company Law Board Kolkata Bench for transferring of 30,00,000 Preference Shares in the Name of 3A Capital Services Limited, which has been set aside by the NCLAT. 3A Capital Private Limited had appealed against the NCLAT Order in Supreme Court, which was dismissed as withdrawn with liberty as sought for on 28th August 2024. 3A Capital have now filed a Execution case in NCLT Guwahati, hearing for which is presently going on.