We herewith enclose the proceedings and voting results of the 45th Annual General Meeting of the company held on 26/09/2025 through video conferencing.
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Sri Nachammai Cotton Mills held its 45th AGM on 26 September 2025 at 12:00 PM via video conferencing, with 16 members attending out of 3,777 shareholders on record. Six resolutions were passed by e-voting, all with overwhelming shareholder support: 94.81% in favour (23,94,990 votes) and 5.19% against (1,31,041 votes) out of 25,26,031 total valid votes. Key items included adoption of FY25 audited financial statements, re-appointment of Mrs. C. Renuka as Director, ratification of Cost Auditor remuneration, revision in remuneration terms for both Mr. P. Palaniappan (Chairman cum MD) and Mrs. P. Umayal (MD) passed as special resolutions, and appointment of the Secretarial Auditor. The meeting was chaired by Managing Director P. Palaniappan and concluded at 12:45 PM.
All agenda items sailed through with strong shareholder backing, including revisions to MD remuneration which required special resolution approval, indicating broad investor confidence. No contentious issues emerged and governance disclosures remain in compliance with SEBI listing norms — neutral to mildly positive for shareholders.