Pursuant to Regulation 30 of the SEBI Listing Regulations, 2015, please find attached a copy of the Postal Ballot Notice along with the Explanatory Statement (Postal Ballot Notice), seeking approval of the Members of the Company for the (1)Appointment of Mr. Suhail P. Shah, as an Additional Director of the Company, as an Ordinary Resolution; (2) Appointment of Mr. Suhail P. Shah as Wholetime Director designated as Executive Director of the Company for a period of 3 years with effect from 1st September, 2023, as Special Resolution and (3)Change of Name of the Company from "Surat Textile Mills Limited" to "Surat Trade and Mercantile Limited" and consequent alteration in Memorandum of Association and Articles of Association of the Company, as Special resolution .