Sambandam Spinning Mills Limited held its 52nd Annual General Meeting (AGM) on September 18, 2026. Key proceedings included a review of the company’s performance and outlook for the upcoming year, discussions on corporate governance, and addressing shareholder queries. The meeting also covered the e-voting process and the appointment of a scrutinizer for vote counting.
52nd Annual General Meeting Concludes
Sambandam Spinning Mills Limited successfully conducted its 52nd Annual General Meeting (AGM) on Friday, September 18, 2026. The meeting commenced at 10:45 AM and was held through Audio and Video Visual means, adhering to the Companies Act, 2013, and relevant regulations.
Key Meeting Highlights
A total of 34 Members attended the AGM. The Chairman addressed shareholders regarding the company’s performance and outlook for the next year, emphasizing full compliance with corporate governance. Shareholders were given the opportunity to voice their suggestions and queries concerning the company’s financial statements and future business strategies. The Chairman responded to all shareholder queries, providing satisfactory explanations.
Operational and Voting Updates
The meeting also covered operational aspects, with the Chairman commending employees, bankers, and customers for their support during challenging periods. The Company Secretary briefed shareholders on the e-voting process, which had commenced on September 13, 2026, and concluded on September 17, 2026. Members who had not voted remotely were informed of the option to vote electronically during the meeting. Mr. K. Karthikeyan, Practicing Cost Accountant, was appointed as the Scrutinizer to ensure a fair and transparent counting of votes.
Meeting Conclusion
The e-voting results are expected to be declared within two working days and will be intimated to the stock exchanges and uploaded on the company’s website. The meeting officially concluded at 11:30 AM on the same day.
Source: BSE
