Newspaper Advertisement regarding the Notice of Postal Ballot and Remote e-voting
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Lakshmi Mills has issued a Postal Ballot Notice seeking shareholder approval by Special Resolution for the re-appointment and payment of remuneration to Sri Sundaram Pathy (DIN: 00013899) as Managing Director. The notice was dispatched electronically on 24.02.2026 to members whose email IDs are registered with the company or depositories. Members can vote only through the remote e-voting platform provided by NSDL, with the voting window running from 25.02.2026 (9:00 AM) to 25.03.2026 (5:00 PM). The newspaper advertisement was published on 26.02.2026 in Business Line (English) and Dinamani (Tamil), in compliance with SEBI LODR Regulation 47 and Section 110 of the Companies Act, 2013. Sri B. Krishnamoorthi, a Practicing Chartered Accountant, has been appointed as scrutinizer for the e-voting process.
This is a procedural compliance filing for a material governance matter. Shareholders get to vote on the continuation and remuneration of the Managing Director; the outcome could affect leadership stability and future profitability of the textile company.