Event Details

The 19th Annual General Meeting (AGM) of Suryaamba Spinning Mills Limited was held on Saturday, August 08, 2026 at 01:00 PM (IST) through two-way Video Conferencing (VC) / Other Audio Visual Means (OAVM). The meeting was conducted in compliance with circulars issued by the Ministry of Corporate Affairs (MCA) and Securities and Exchange Board of India (SEBI). The deemed venue was the Registered Office of the Company at 1st Floor, Surya Towers, 105, Sardar Patel Road, Secunderabad - 500003.

Meeting Attendance and Participation

The meeting commenced at 01:00 PM and concluded at 01:20 PM (excluding 15 minutes of e-voting).

Shareholder Attendance:

  • Total shareholders on record date (July 30, 2026): 2,504
  • Shareholders present through video conference: 36 (5 Promoter & Promoter Group, 31 Public)
  • No physical attendance (in person or through proxy)

Directors Present:

  • Shri Virender Kumar Agarwal, Managing Director
  • Smt. Seema Agarwal, Joint Managing Director, Chairman of CSR Committee, Member of Audit Committee & Stakeholders Relationship Committee
  • Shri Mayank Agarwal, Whole-time Director, Member of CSR Committee
  • Smt. Neeraja Kartik, Non-Executive Independent Director, Chairman of Stakeholders Relationship Committee, Member of Audit Committee & Nomination and Remuneration Committee
  • Dr. Neena Parikh, Non-Executive Independent Director, Member of Nomination and Remuneration Committee, Stakeholders Relationship Committee & CSR Committee

Other Attendees:

  • Shri Gajanan Chhawsaria, Chief Financial Officer
  • Shri Pujit Agarwal, Vice President Marketing
  • Shri Manish N. Jain and Shri Arpit Agrawal (M/s Manish N. Jain & Co., Statutory Auditors)
  • Shri Shekhar Sherke (M/s Wadhwani Sherke & Co., Internal Auditors)
  • Smt. Aarju Agrawal (M/s Aarju Agrawal & Associates, Practicing Company Secretary, Secretarial Auditor)

Meeting Proceedings

Shri Virender Kumar Agarwal did not chair the AGM. Smt. Seema Agarwal proposed Shri Mayank Agarwal as Chairman, which was seconded by other directors. Shri Mayank Agarwal chaired the meeting.

CS Suchita Dandekar, Company Secretary, welcomed members and provided instructions for participation. The company provided live webcast of proceedings and made statutory documents available for electronic inspection.

Voting Arrangements

E-voting was conducted through National Securities Depository Limited (NSDL) platform:

  • Remote e-voting period: August 05, 2026 (9:00 AM) to August 07, 2026 (5:00 PM)
  • E-voting during AGM: Available for members who didn't vote remotely
  • Scrutinizer: Smt. Aarju Agrawal of M/s Aarju Agrawal & Associates (ACS No.: 42507, COP: 15770)
  • No voting by show of hands
  • No results declared at the meeting

Agenda Items

The following ordinary resolutions were put to vote:

1. Adoption of audited financial statements for FY ended March 31, 2026 and reports of Board of Directors and Auditors

2. Declaration of dividend on equity shares for FY ended March 31, 2026

3. Re-appointment of Shri Virender Kumar Agarwal (DIN: 00013314) as Managing Director

4. Ratification of remuneration to Cost Auditors for FY 2026-27

The Notice of AGM and Auditor Reports were taken as read as they contained no qualifications, observations, or adverse remarks.

Other Proceedings

The Chairman delivered a speech about company operations. A question and answer session was conducted for members to share views and questions.

The Scrutinizer was requested to submit the report to CS Suchita Dandekar, who is authorized to submit e-voting results along with Consolidated Scrutinizer's Report to stock exchanges within two working days of AGM conclusion. The results will also be placed on the company website.