Key Quantitative Figures

  • Total shares voted: 34,29,979 shares representing 71.2139% of outstanding shares
  • Total shareholders who cast votes: 31 members
  • Record date for voting eligibility: September 15, 2026
  • Total number of shareholders on record date: 3,539
  • Shareholding pattern: Promoter & Promoter Group (35,39,845 shares), Public Institutions (4,000 shares), Public Non-Institutions (12,72,601 shares)
  • Voting results showed near-unanimous approval with 99.99985% votes in favor across all resolutions

Dates of Action

  • AGM held: September 22, 2026 at 10:45 AM
  • E-voting period: September 19, 2026 (9:00 AM) to September 21, 2026 (5:00 PM)
  • Notice dispatched: August 14, 2026
  • Newspaper advertisements published: August 30, 2026
  • Scrutinizer report dated: September 22, 2026

Parties Involved

  • Scrutinizer: Hari Krishnan S, Practicing Company Secretary
  • Service Provider: National Securities Depository Limited (NSDL)
  • Registrar and Share Transfer Agent: GNSA Infotech Private Limited
  • Stock Exchanges: BSE Limited (Scrip Code: 514036) and NSE Limited (Symbol: LOYALTEX)

Resolutions Passed

Ordinary Resolutions:

1. Adoption of Audited Standalone Financial Statements for FY ended March 31, 2026 with Board and Auditor reports - 34,29,974 votes in favor (99.99985%)

2. Adoption of Audited Consolidated Financial Statements for FY ended March 31, 2026 with Auditor report - 34,29,974 votes in favor (99.99985%)

3. Re-appointment of Mrs. Vishala Ramswami (DIN: 06967899) as director retiring by rotation - 34,29,974 votes in favor (99.99985%)

Special Resolutions:

4. Re-appointment of Mr. Muthu Elumalai Manivannan (DIN: 02229808) as Whole Time Director for 5 years - 34,29,974 votes in favor (99.99985%)

5. Re-appointment of Mr. K. Kumaran (DIN: 00801146) as Independent Director - 34,29,974 votes in favor (99.99985%)

6. Appointment of Mr. Subrahmaniya Sivam Ramamurthy (DIN: 02393209) as Independent Director for first 5-year term - 34,29,974 votes in favor (99.99985%)

Voting Methodology

  • Meeting conducted through Video Conferencing/Other Audio-Visual Means
  • Remote e-voting facilitated through NSDL's platform (https://www.evoting.nsdl.com)
  • Scrutinizer downloaded results on September 22, 2026 after conclusion of AGM
  • Witnesses present during result compilation: Mr. N Vinoth Kumar and Mr. B Santhosh Kumar
  • Corporate member votes considered with proper board authorization documents

Additional Information

  • Company website: https://loyaltextiles.com/investors/notice-of-agm-and-other-meetings/
  • Newspaper advertisements placed in Business Line (English) and Tamil Murasu (vernacular)
  • 16 promoter shareholders and 6 public shareholders attended meeting via video conferencing
  • All resolutions passed with requisite majority as required by company law