Akshar Spintex Limited has announced a postal ballot to seek shareholder approval for key corporate decisions. The company is proposing to ratify the appointment of Mr. Bhavin Jayantibhai Kothiya as a Non-Executive Independent Director for a term of five years, effective from November 24, 2025, to November 23, 2030.

Furthermore, the company is re-seeking approval for the appointment of Mr. Harry Paghdar as an Executive Director for a term of five years, from February 18, 2026, to February 17, 2031. This follows a previous rejection of his appointment as Managing Director by shareholders at the Annual General Meeting on August 25, 2025.

Shareholders will also vote on the remuneration for Mr. Harry Paghdar, proposing a total remuneration of ₹12,00,000 per annum, including salary, perquisites, and allowances. This remuneration will be treated as minimum remuneration even in case of losses or inadequate profits for the financial year 2024-25, in accordance with the Companies Act, 2013.

The remote e-voting period for these resolutions will commence on Tuesday, January 20, 2026, at 09:00 a.m. IST and conclude on Wednesday, February 18, 2026, at 05:00 p.m. IST. The detailed postal ballot notice, along with explanatory statements and voting instructions, will be available on the company's website and the websites of the stock exchanges.