Scrutinizer report of the 12th AGM of the company.
Awaiting price reaction for this filing.
The 12th Annual General Meeting of Aananda Lakshmi Spinning Mills Ltd was held on September 22, 2025 at Hotel Minerva Grand, Secunderabad. A total of 75 shareholders attended in person or by proxy (3 promoters and 72 public), representing 24,20,445 votes out of 34,99,270 outstanding shares — a 69.17% voting turnout. All 6 resolutions — 4 ordinary and 2 special — were passed with the requisite majority. These included adoption of the FY25 audited financial statements, reappointment of Managing Director Devender Kumar Agarwal (who retires by rotation), appointment of Ms. Rajani Elaprolu Kumari as a new Independent Director, reappointment of Shri Uttam Gupta as Independent Director, approval of Related Party Transactions, and appointment of Secretarial Auditors. Each resolution received overwhelming support with at most 84 votes cast against it (less than 0.004% of votes polled). Voting was conducted via both remote e-voting (58 members) and polling paper at the venue (25 members). The scrutinizer was B V Saravana Kumar, Practicing Company Secretary.
This is a routine regulatory compliance filing confirming all agenda items at the AGM were approved by shareholders by wide margins, indicating strong management-shareholder alignment. No material price action expected; the appointment of a new Independent Director strengthens board composition.