AGM Details

The 18th Annual General Meeting of Sai Silks (Kalamandir) Limited is scheduled to be held on Monday, August 10, 2026, at 11:30 A.M. (IST) through Video Conferencing (VC) / Other Audio Visual Means (OAVM). The deemed venue for the AGM is the Registered Office of the Company.

Ordinary Business Items

1. Adoption of Financial Statements

To receive, consider, and adopt the Audited Financial Statement of the Company for the financial year ended March 31, 2026, along with the Notes thereon and the Reports of the Board of Directors and the Auditors thereon.

2. Declaration of Final Dividend

To declare final dividend @ ₹1.50 per Equity Share of ₹2 each for the Financial Year ended March 31, 2026.

  • Record date fixed for dividend: August 03, 2026
  • Dividend payment date: On or before September 09, 2026
  • TDS will be applicable as per Income Tax Act, 1961

3. Reappointment of Director

To appoint a director in place of Mr. Doodeswara Kanaka Durgarao Chalavadi (DIN: 02689280) who retires by rotation and being eligible offers himself for reappointment.

Special Business Items

4. Reappointment of Statutory Auditors

To reappoint M/s. Sagar & Associates, Chartered Accountants (Firm Registration No. 003510S) as Statutory Auditors for a second term of five consecutive years from the conclusion of this AGM until the conclusion of the 23rd AGM.

  • Remuneration: ₹30,00,000 (Rupees Thirty Lakhs Only) per annum plus applicable taxes
  • The firm was first appointed at the AGM held on November 30, 2021
  • The firm has over 35 years of experience and is empanelled with RBI and C&AG

5. Appointment of Chief Executive Officer

To appoint Mr. Bharadwaj Rachamadugu as Chief Executive Officer (CEO) of the Company, a Key Managerial Personnel.

  • Effective date: May 12, 2026
  • Remuneration: ₹5,00,000 (Rupees Five Lakhs only) per month
  • Mr. Rachamadugu is son-in-law of Mr. Nagakanaka Durga Prasad Chalavadi, Managing Director
  • He currently serves as Senior Vice President with over 8 years in the company
  • Educational qualifications: Bachelor's in Computer Science Engineering and MBA in Finance

6. Appointment of Independent Director

To appoint Ms. Sridevi Dasari (DIN: 07512095) as an Independent Director of the company.

  • Appointment term: Five years commencing May 12, 2026
  • She was appointed as Additional Director effective May 12, 2026
  • Qualifications: Associate Member of ICSI, MBA, and Bachelor of Commerce
  • Current position: Group Company Secretary and Legal Head of CCL Products (India) Limited
  • Also serves as Independent Director of Manoj Vaibhav Gems N Jewellers Limited

7. Payment of Commission to Non-Executive Independent Directors

To approve payment of commission to Non-Executive Independent Directors within a maximum limit of 0.5% of the net profits of the Company per annum from financial year 2026-27 onwards.

  • This is in addition to sitting fees for attending Board/Committee meetings
  • Actual amount to be determined by the Board based on appropriate parameters

Procedural Details

E-Voting Arrangements

The Company has appointed CDSL as the authorized e-Voting agency.

  • Remote e-voting period: August 07, 2026 (9:00 AM) to August 09, 2026 (5:00 PM)
  • Cut-off date for e-voting: August 03, 2026
  • Scrutinizer: Mr. Vikas Sirohiya, Practicing Company Secretary
  • Results will be announced within 2 days of the AGM and placed on company website

Virtual Meeting Participation

  • Members can join the AGM 15 minutes before and after scheduled time
  • Facility available to at least 1000 members on first-come-first-served basis
  • Large shareholders, promoters, institutional investors, directors, KMPs, committee chairpersons, and auditors can attend without restriction
  • Members wishing to speak must register 7 days in advance

Dividend Payment Details

  • Dividend will be paid to beneficial owners as per list from depositories for shares in electronic form
  • For physical shareholders, after giving effect to valid transmission/transposition requests
  • Payment will be made only through electronic mode for physical shareholders with KYC-compliant folios
  • TDS will be deducted as per Income Tax Act provisions

Document Availability

The Notice of AGM and Annual Report 2025-26 are available on:

  • Company website: www.sskl.co.in
  • Stock exchange websites: www.bseindia.com and www.nseindia.com
  • CDSL website: www.evotingindia.com

Director Details

Mr. Doodeswara Kanaka Durgarao Chalavadi

  • DIN: 02689280
  • Position: Whole Time Director
  • Date of Birth: August 03, 1970 (55 years)
  • Appointment date: June 01, 2009
  • Qualifications: Bachelor's in Commerce, Master's in Computing
  • Remuneration: ₹0.39 Crores per annum
  • Relationship: Brother of Managing Director Mr. Nagakanaka Durga Prasad Chalavadi

Mr. Bharadwaj Rachamadugu

  • DIN: 07850944
  • Position: Chief Executive Officer
  • Date of Birth: April 06, 1991 (35 years)
  • Appointment date: May 12, 2026
  • Shareholding: 33,500 shares as of March 31, 2026
  • Remuneration: Proposed ₹0.60 Cr per annum (currently ₹0.54 Cr per annum)

Ms. Sridevi Dasari

  • DIN: 07512095
  • Position: Independent Director
  • Date of Birth: April 11, 1982 (44 years)
  • Appointment date: May 12, 2026
  • Qualifications: ACS, MBA, B.Com
  • Current directorships: Daily Food Products Private Limited
  • Listed company directorship: Manoj Vaibhav Gems N Jewellers Limited