Meeting Details

The 21st Annual General Meeting was held on Monday, 21st September 2026 at 04:00 PM (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM) in compliance with MCA Circulars.

Attendance

Directors Present:

  • Sri. P. Sundararajan - Chairman & Managing Director
  • Smt. S. Latha - Executive Director
  • Sri. S Chenduran - Joint Managing Director
  • Smt. S Shantha - Joint Managing Director
  • Sri. C. R. Rajagopal - Independent Director and Chairman of Audit Committee and Nomination and Remuneration Committee
  • Smt. Lakshmi Priya - Independent Director
  • Sri. Ravishankar Balaraman - Independent Director
  • Sri. Srinivas Chidambaram - Independent Director and Chairman of Stakeholders Relationship Committee

Key Managerial Personnel in Attendance:

  • Smt. P V. Jeeva - Chief Executive Officer (CEO)
  • Sri. V. Balaji - Chief Financial Officer (CFO)
  • Smt. K Vinodhini - Company Secretary

Other Attendees:

  • Sri. D.K. Giridharan, Partner of ASA & Associates LLP (Statutory Auditors)
  • Sri. M D Selvaraj, Managing Partner of MDS & Associates LLP (Secretarial Auditors and Scrutinizer)

Shareholder Participation:

45 members representing 1,52,57,995 equity shares attended through VC/OAVM.

Voting Process

Remote e-voting was conducted by MUFG Intime India Private Limited (formerly Link Intime India Private Limited) from Friday, 18th September 2026 at 9:00 AM to Sunday, 20th September 2026 at 5:00 PM (IST). Shareholders present at the AGM who hadn't voted remotely were given an additional 15 minutes to vote electronically during the meeting.

Sri. M D Selvaraj of MDS & Associates LLP was appointed as Scrutinizer to conduct the voting process fairly and transparently.

Resolutions Considered

Ordinary Business:

1. Adoption of Audited Standalone and Consolidated Financial Statements for FY2026 together with Reports of Board of Directors and Auditors (Ordinary Resolution)

2. Declaration of dividend on Equity Shares for FY2026 (Ordinary Resolution)

3. Re-appointment of Mrs. S. Latha (DIN: 00003388) as Director retiring by rotation (Ordinary Resolution)

Special Business:

4. Approval of sub-division of face value of Equity Shares from ₹10 each to ₹2 each (Special Resolution)

5. Approval of alteration of Capital Clause of Memorandum of Association (Special Resolution)

Key Procedural Notes

  • No physical attendance meant proxy appointments were not applicable
  • Registers required under Companies Act, 2013 were made available electronically for inspection
  • Notice of AGM with audited financial statements and Directors' Report had been circulated previously
  • No qualifications, reservations, adverse remarks or disclaimers in Statutory Auditors' Report and Secretarial Auditors' Report
  • Registered speaker shareholders were given opportunity to ask questions

Meeting Outcome

The meeting concluded at 4:45 PM. Voting results were to be declared within prescribed time and submitted to MUFG Intime India Private Limited, BSE Limited, National Stock Exchange of India Limited, and placed on Company's website (www.s-p-apparels.com).