SALONANSESALONA COTSPIN LTD.LowNeutral
Announced Thu, 24 Sept, 2026 · 18:36 IST

Salona Cotspin files 32nd AGM proceedings with NSE

Board & Shareholder Meetings View source PDFExplain this filing

SALONA · price

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reactionminutes from the announcement price · days from the prior close
+0.2%Reaction day
₹274.25
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announcement price
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Nifty Microcap 250market · in no size index; the smallest one is used+0.3%-0.1% vs market
Other Textile Products peers, median of 189sector+0.0%+0.2% vs sector

On the reaction day the stock moved 0.1 pts less than Nifty Microcap 250 and 0.2 pts more than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.

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AI summary

Salona Cotspin held its 32nd AGM on Sept 23, 2026 via video conferencing with 35 members holding 30,36,424 shares. Resolutions passed include FY26 financial adoption, dividend declaration, Raghav Agarwal re-appointment, Manoj Kumar Jhajharia as Managing Director, Shyam Lal Agarwala becoming Executive Chairman (Non-Independent), Ramasamy Shanmugam as new Independent Director for two years, cost auditor pay, and related party deal with Shristi Cotspinn Private Limited.

Likely market impact

Dividend declared for FY26. Key board restructuring with new MD and Executive Chairman roles. Related party transaction with Shristi Cotspinn approved. Results due in 2 days.