Revised Outcome of Board Meeting for Disclosure Under Regulation 30 & 42 of the SEBI (LODR) Regulations, 2015 (''SEBI Listing Regulations'') - Outcome of Board Meeting dated 23/03/2026.
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Yarn Syndicate Ltd has revised the record date for identifying holders of partly paid-up equity shares (who will receive the First and Final call notice) from March 27, 2026 to April 10, 2026. The company attributed this change to prevailing unfavourable market conditions. The call payment window has also been pushed back, now opening on May 4, 2026 and closing on May 18, 2026, compared to the earlier April 6 to May 5, 2026 window. The board approved these revisions at its meeting on March 23, 2026.
Shareholders holding partly paid-up shares get more time to prepare for the First and Final call payment. The cited unfavourable market conditions suggest the company is giving investors additional breathing room, which may modestly affect near-term sentiment but is a procedural update rather than a fundamental change.