Meeting Details

The 90th Annual General Meeting of Rajapalayam Mills Limited was held on Friday, 28th August 2026 through Video Conferencing. The meeting commenced at 11:00 AM and concluded at 11:50 AM. The record date for determining eligibility to vote was 21st August 2026.

Shareholder Participation

Total number of shareholders on record date: 7,625

Shareholders attending through video conferencing:

  • Promoters and Promoter group: 13
  • Public: 58

Voting Results

All nine resolutions proposed at the AGM were passed with requisite majority. The detailed voting results are as follows:

Resolution 1: Adoption of Financial Statements

  • Type: Ordinary Resolution
  • Total votes polled: 6,339,983 shares (68.7619% of outstanding shares)
  • Votes in favor: 6,339,793 shares (99.9970%)
  • Votes against: 190 shares (0.0030%)

Resolution 2: Declaration of Dividend

  • Type: Ordinary Resolution
  • Dividend: ₹0.50 per share for financial year 2025-26
  • Total votes polled: 6,339,983 shares (68.7619% of outstanding shares)
  • Votes in favor: 6,339,787 shares (99.9969%)
  • Votes against: 196 shares (0.0031%)

Resolution 3: Re-appointment of A.V. Dharmakrishnan

  • Type: Ordinary Resolution
  • DIN: 00693181
  • Total votes polled: 6,339,983 shares (68.7619% of outstanding shares)
  • Votes in favor: 6,339,793 shares (99.9970%)
  • Votes against: 190 shares (0.0030%)

Resolution 4: Re-appointment of S.S. Ramachandra Raja

  • Type: Special Resolution
  • DIN: 00331491
  • Position: Non-Executive Director
  • Total votes polled: 6,339,983 shares (68.7619% of outstanding shares)
  • Votes in favor: 6,339,793 shares (99.9970%)
  • Votes against: 190 shares (0.0030%)

Resolution 5: Ratification of Cost Auditor Remuneration

  • Type: Ordinary Resolution
  • Auditor: M/s. N. Sivashankaran & Co.
  • Period: Financial year 2026-27
  • Total votes polled: 6,339,983 shares (68.7619% of outstanding shares)
  • Votes in favor: 6,339,793 shares (99.9970%)
  • Votes against: 190 shares (0.0030%)

Resolution 6: Related Party Transaction with Ramco Industries

  • Type: Special Resolution
  • Promoter interest: Yes
  • Total votes polled: 889,116 shares (9.6431% of outstanding shares)
  • Votes in favor: 888,926 shares (99.9786%)
  • Votes against: 190 shares (0.0214%)

Resolution 7: Related Party Transaction with Sandhya Spinning Mill

  • Type: Special Resolution
  • Promoter interest: Yes
  • Total votes polled: 889,116 shares (9.6431% of outstanding shares)
  • Votes in favor: 888,926 shares (99.9786%)
  • Votes against: 190 shares (0.0214%)

Resolution 8: Related Party Transaction with Sri Vishnu Shankar Mill

  • Type: Special Resolution
  • Promoter interest: Yes
  • Total votes polled: 889,116 shares (9.6431% of outstanding shares)
  • Votes in favor: 888,926 shares (99.9786%)
  • Votes against: 190 shares (0.0214%)

Resolution 9: Related Party Transaction with The Ramaraju Surgical Cotton Mills

  • Type: Special Resolution
  • Promoter interest: Yes
  • Total votes polled: 889,115 shares (9.6431% of outstanding shares)
  • Votes in favor: 888,926 shares (99.9787%)
  • Votes against: 189 shares (0.0213%)

Share Capital Structure

Total outstanding shares: 9,220,200

Breakdown by category:

  • Promoter and Promoter Group: 5,188,405 shares
  • Public Institutions: 12,152 shares
  • Public Non-Institutions: 4,019,643 shares

Scrutinizer Appointment and Report

The company appointed Shri R. Palaniappan, Chartered Accountant (Membership No. 205112), Partner of M/s. N.A. Jayaraman & Co, as Scrutinizer for the remote e-voting process. He was appointed at the Board Meeting held on 29th May 2018 and issued his report to the company on 28th August 2026.

Remote E-Voting Process

The remote e-voting facility was provided through Central Depository Services (India) Limited (CDSL) with E-Voting Serial Number (EVSN) 260814015. The voting period was from 9:00 AM on 25th August 2026 to 5:00 PM on 27th August 2026 prior to the meeting, and during the AGM for members present through video conferencing.