All 9 resolutions approved at 52nd AGM with 99.99% shareholder support
SAMBANDAM · price
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Sambandam Spinning Mills held its 52nd AGM on 18 Sept 2026 via video conferencing. All 9 resolutions were approved by shareholders through e-voting with about 99.99% votes in favor and only 0.01% against. Key items included adoption of financial statements, statutory and cost auditor fees, reappointment of Sri J. Sakthivel as director, continuation of Mr S. Dinakaran as Joint Managing Director past age 70, and appointment or reappointment of three independent directors.
Routine AGM business cleared smoothly with overwhelming shareholder support, no meaningful dissent on any agenda item including key director appointments.