AGM 2026: All 5 resolutions approved with over 99.99 percent majority
SURYALAXMI · price
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Suryalakshmi Cotton Mills held its 63rd AGM on 30 Sep 2026 via video conferencing. All 5 resolutions passed with 99.9973 percent majority. Votes polled were 1.18 crore out of 1.88 crore outstanding shares, about 62.97 percent polling. Resolutions covered adoption of FY26 financial statements, re-appointment of Paritosh Agarwal as director, ratification of cost auditor remuneration, appointment of Venkata Phani Kiran Kumar Immaneni as new non-executive independent director, and authorization to create mortgage and security interest on company assets. 52 shareholders attended through video conferencing.
All resolutions passed with overwhelming support. New independent director onboarded and asset security authorization renewed, no governance concerns.