Sri Lakshmi Saraswathi Textiles files FY26 annual report, 62nd AGM on Aug 26
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Sri Lakshmi Saraswathi Textiles filed FY26 annual report and 62nd AGM notice for Aug 26, 2026 via video conferencing. Total income fell to Rs. 8814.10 lakh from Rs. 10022.80 lakh; loss before tax Rs. 1574.43 lakh. Total comprehensive income rose to Rs. 19696.35 lakh, boosted by revaluation of land assets. No dividend due to accumulated losses. Special resolution seeks to add real estate and construction to main objects clause to monetize idle lands. Reappointment of director R. Padmanaban and cost auditor fee ratification also on agenda.
Operating loss continues but comprehensive income lifted by land revaluation. Plan to enter real estate may help monetize idle assets. No dividend for shareholders.