50th AGM: All 5 resolutions passed with 99.99 percent approval
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Kandagiri Spinning Mills held its 50th AGM on 25 Sep 2026 via video conferencing. All 5 resolutions passed with 99.99 percent votes in favour (25.72 lakh votes by 31 members, only 47 votes against). Items included adoption of FY26 financial statements, reappointment of Chairman Adinarayana Sripathy Kumar, auditor remuneration, and appointment or reappointment of two independent directors (R. Raveendran and Kannan Anjana Maragatham). Voting was conducted via NSDL.
Routine AGM outcome with near-unanimous shareholder approval. No material impact expected on stock price or operations.