Suryalakshmi Cotton Mills Limited has informed the Exchange regarding Re-appointment of M/s. Hariharan & Associates as Cost Auditors of the company.
SURYALAXMI · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
The Board of Directors met on 25 May 2026 and approved multiple items including audited financial results for Q4 and FY 2025-26 with an unmodified audit opinion. The company did not recommend any dividend on equity shares and waived preference dividend for the year. Key board changes include Sri Dhruv Vijai Singh completing his term as Independent Director on 27 July 2026, and the appointment of Sri Venkata Phani Kiran Kumar Immaneni as an Additional Independent Director for 5 years from the same date. The board also approved re-appointment of Internal Auditors (K. Vijayaraghavan & Associates), Cost Auditors (S. Hariharan & Associates), and Tax Auditors (Brahmayya & Co.) for FY 2026-27. Additionally, the redemption period for 5 lakh 10% Cumulative Redeemable Preference Shares was extended from August 2026 to August 2029, while 2 lakh 5% Non-Cumulative Redeemable Preference Shares worth Rs 2 crore will be redeemed on 30 June 2026.
The filing shows routine governance updates with smooth board transition as the new independent director brings 33 years of banking experience. No dividend on equity and preference dividend waiver indicate conservative cash retention for operations and debt management.