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

Amarjothi Spinning Mills reported a consolidated net profit of ₹322.75 lakh for the quarter ended June 30, 2026, marking a 24.2% year-on-year increase from ₹259.77 lakh in Q1FY26. The growth was primarily driven by a 43.9% surge in consolidated revenue from operations to ₹7,561.63 lakh, up from ₹5,254.42 lakh in the corresponding period last year. This performance underscores robust demand in the yarn manufacturing segment, where the company operates exclusively.

The Board of Directors, meeting on July 27, 2026, approved the unaudited financial results and recommended a dividend of ₹2.20 per share (22% on the face value of ₹10) for FY26, subject to shareholder approval at the Annual General Meeting (AGM). Statutory Auditors V Narayanaswami & Co reviewed the results under Regulation 33 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Financial Performance Highlights

Standalone net profit stood at ₹308.61 lakh, up 21.2% YoY from ₹254.58 lakh. Standalone revenue grew 8.9% to ₹5,314.86 lakh. Total expenses rose to ₹7,180.24 lakh from ₹4,944.13 lakh, largely due to higher material consumption costs of ₹4,515.78 lakh compared to ₹2,553.53 lakh in the prior year quarter. Finance costs increased slightly to ₹228.50 lakh from ₹188.62 lakh.

Corporate Governance and Dividend

The Board approved the re-appointment of Sri.R.Premchander (DIN: 00390795) as Managing Director for five years commencing September 1, 2026, and Sri.R.Jaichander (DIN: 00390836) as Whole Time Director for five years starting December 1, 2026. Both appointments are subject to shareholder approval at the AGM, rescheduled to August 28, 2026. The book closure period is August 22–28, 2026, with a record date of August 21, 2026, for dividend entitlement.

What the Numbers Show

The divergence between consolidated and standalone revenue growth highlights the significant contribution of subsidiary RPJ Textiles Limited. While standalone revenue grew modestly at 8.9%, consolidated revenue jumped 43.9%, indicating robust performance or higher consolidation impact from the subsidiary. Inventory changes contributed positively to standalone results but negatively impacted consolidated results, suggesting differing inventory management dynamics across entities.