Amarjothi Spinning Mills declared a final dividend of ₹2.20 per equity share for the fiscal year ended March 31, 2026. The payout was approved by shareholders during the company’s 38th Annual General Meeting held on August 28, 2026.

The meeting, conducted via video conferencing from the registered office in Tirupur, Tamil Nadu, concluded within 45 minutes. Sixty-nine members attended the session, comprising seven promoters and 62 other shareholders. The quorum was established, allowing the board to transact all ordinary and special business items as per the agenda.

Key Resolutions Passed

Shareholders approved the adoption of the audited standalone and consolidated financial statements for FY26. The statutory audit report issued by M/s. V. Narayanaswami contained no qualifications or observations regarding the financial statements.

The board also secured approvals for the following corporate actions:

• Reappointment of Sri R. Premchander as Managing Director.
• Reappointment of Sri R. Jaichander as Whole Time Director.
• Reappointment of Sri N. Radhakrishnan as a director retiring by rotation.
• Ratification of remuneration for cost auditor M/s. Nagarajan & Co. for the period 2026-27.

Governance and Compliance

The proceedings were scrutinized by Sri R. Ramchandar, who served as both the scrutinizer and secretarial auditor. E-voting was facilitated through CDSL, with remote voting open from August 25 to August 27, 2026. The results were declared immediately after the conclusion of the voting process.

The managing director, Sri R. Premchander, chaired the meeting and addressed shareholder queries regarding the company’s operational status and future outlook. The notice, director’s report, and auditors’ report were taken as read with the permission of the members present.

Amarjothi Spinning Mills will hold its 38th Annual General Meeting (AGM) on August 28, 2026, at 11:00 A.M. (IST) through Video Conferencing (VC) or Other Audio Visual Means (OAVM). The meeting is critical for shareholders to vote on the company’s performance and financials for FY25-26. Shareholders must act before August 27 to cast remote votes, as the facility closes strictly at 5:00 P.M. IST on that date.

E-Voting Timeline and Eligibility

The company has engaged Central Depository Services Limited (CDSL) to facilitate remote e-voting and voting during the AGM. Shareholders holding shares on the cut-off date of August 21, 2026, are eligible to vote. The remote e-voting process begins on August 25, 2026, at 9:00 A.M. IST and concludes on August 27, 2026, at 5:00 P.M. IST. Votes cast remotely cannot be changed subsequently. Members who have already voted remotely may attend the AGM electronically but cannot vote again.

Book Closure and Dividend Policy

The Register of Members and Share Transfer Book will remain closed from August 22, 2026, to August 28, 2026, inclusive. This period ensures accurate determination of shareholders entitled to participate in the AGM. Additionally, Amarjothi Spinning Mills has updated its dividend distribution method in compliance with SEBI Listing Regulations amended on November 18, 2025. Physical dividend warrants are no longer issued. All future dividends will be paid electronically via Reserve Bank of India-approved modes. Shareholders without registered bank details will not receive dividends until they update their information with the Registrar and Transfer Agent, Cameo Corporate Services Limited, or their Depository Participants.

Regulatory Compliance and Access

The notice for the AGM and the Annual Report for FY25-26 were dispatched electronically on July 31, 2026, to registered email holders. Physical letters with web links were sent to unregistered shareholders on the same date, complying with Regulation 36(1)(b) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. The newspaper advertisement regarding the AGM was published in "Trinity Mirror" and "Makkal Kural" on August 1, 2026, pursuant to Regulation 47. Sri Ramchandar R, Company Secretary in Practice, has been appointed as the Scrutinizer to ensure a fair voting process.

Source: https://lodr-files.dhan.co/lodr-inputs/Company/INE484D01012/995389b0-096c-4eb7-981c-caff2ff940d5.pdf