SURAT TEXTILE MILLS LTD.

Surat Trade and Mercantile Ltd announced the outcome of its Board Meeting held on July 14, 2026. The company has scheduled its First Extra-Ordinary General Meeting (EGM) for the Financial Year 2026-27 on August 10, 2026, to be conducted via Video Conferencing (VC) / Other Audio Visual Means (OAVM). The cut-off date for the EGM is July 18, 2026. Key business to be transacted at the EGM includes the re-appointment of Mr. Suhail P. Shah as Whole-Time Director for 5 years, an increase in the limit for investments, loans, and guarantees under Section 186 of the Companies Act, 2013, and the approval/ratification of Material Related Party Transactions with Mr. Alok P. Shah for FY 2025-26. Mr. Jigar Vyas has been appointed as Scrutinizer for the e-voting process.

Surat Trade and Mercantile Ltd has announced the closure of its trading window for designated persons and their immediate relatives. This closure is in compliance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and a clarification from BSE. The trading window will be shut from July 1, 2026, until 48 hours after the declaration of the financial results for the quarter ending June 30, 2026. This measure is standard practice to prevent insider trading during periods when sensitive financial information is being finalized.

Surat Trade and Mercantile Ltd has re-appointed Mr. Suhail P. Shah as Whole-time Director, designated as Executive Director, for a further period of 5 years effective from September 1, 2026. The re-appointment is subject to the approval of the shareholders at the upcoming General Meeting. Mr. Shah is related to Mr. Alok P. Shah, the Managing Director, as a brother and is not debarred from holding the office of a director by any SEBI order.

Surat Trade and Mercantile Ltd has re-appointed M/s K. S. Jagirdar & Co., Chartered Accountants, as their Internal Auditor for the financial year 2026-27. The re-appointment was made in accordance with Section 138 of the Companies Act, 2013, and Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. K. S. Jagirdar has over 30 years of experience in internal audit, taxation, GST, and corporate finance.

Surat Trade and Mercantile Ltd's board approved the audited financial results for the quarter and year ended March 31, 2026, as per Indian Accounting Standards (IND AS). The board also re-appointed Mr. Suhail P. Shah as Executive Director for five years and appointed Ms. Ankita Prasiddha Shroff as Company Secretary and Compliance Officer. Additionally, M/s K. S. Jagirdar & Co. were re-appointed as Internal Auditor for the year 2026-27. The board adopted a policy on communication between Statutory Auditors and TCWG.

Surat Trade and Mercantile Ltd's Board of Directors approved the audited financial results for the quarter and year ended March 31, 2026, based on Indian Accounting Standards. The board also re-appointed Mr. Suhail P. Shah as Executive Director for five years and appointed Ms. Ankita Prasiddha Shroff as Company Secretary and Compliance Officer. Additionally, M/s K. S. Jagirdar & Co. were re-appointed as Internal Auditor for 2026-27.

Surat Trade and Mercantile Ltd has scheduled a Board of Directors meeting on May 26, 2026, to consider and approve the audited financial results for the quarter and year ended March 31, 2026. The trading window has been closed since April 1, 2026, and will remain closed until May 28, 2026, in accordance with insider trading regulations.

Surat Trade and Mercantile Ltd, in compliance with Regulation 25(3) of SEBI (LODR) Regulation, 2015, and Schedule IV of the Companies Act, 2013, conducted a meeting of its Independent Directors on 24th March 2026. The meeting, held through video conference, focused on reviewing the performance of Non-Independent Directors, the Board as a whole, and the Chairperson of the Company. The Independent Directors also assessed the quality, quantity, and timeliness of information flow between the Company’s management and the Board.

Surat Trade and Mercantile Ltd has announced the closure of its trading window for the quarter and financial year ending 31st March 2026. The closure is in accordance with the SEBI (Prohibition of Insider Trading) Regulations, 2015, and the company's Code of Conduct. The trading window will remain closed from Wednesday, 1st April, 2026 until 48 hours after the declaration of the audited financial results. The date of the Board Meeting for review and approval of the audited financial results will be intimated to the Exchange in due course.

Surat Trade and Mercantile Ltd, formerly known as Surat Textile Mills Limited, has reported its unaudited financial results for the quarter and nine months ended 31st December 2025. The company's revenue from operations stands at Rs. 7,069.58 lakhs for the quarter and Rs. 14,144.38 lakhs for the nine months period. The net profit for the quarter is Rs. 1,141.10 lakhs and Rs. 1,166.01 lakhs for the nine months period. The trading window for dealing in the company's securities will remain closed for 48 hours from this announcement.