Kitex Garments Limited shareholders approved a Qualified Institutions Placement (QIP) for capital raising and a final dividend of ₹0.50 per equity share during the 34th Annual General Meeting (AGM) held on September 25, 2026.

The meeting, conducted via Video Conferencing (VC) and Other Audio Visual Means (OAVM), saw the adoption of audited standalone and consolidated financial statements for FY26. The board also approved several material related party transactions involving subsidiaries and affiliates, including Kitex Apparel Parks Limited and Kitex Childrenswear Limited.

Key resolutions passed

Shareholders voted on ten agenda items, ranging from director appointments to significant corporate actions. The QIP proposal, which requires special resolution approval, aims to strengthen the company's capital structure. Additionally, Mr. Bijoy Philipose was appointed as an Independent Director, while Mr. K L V Narayanan was re-appointed following his retirement by rotation.

Auditor observations and compliance

The Company Secretary highlighted that the Independent Auditor's Report on Standalone Financial Statements contained qualifications. However, it was confirmed that the Consolidated Financial Statements did not contain any such qualifications. Observations in the Secretarial Audit Report were described as self-explanatory, with explanations provided by the Board indicating no material adverse effect on the company's functioning.

Voting and meeting logistics

Remote e-voting commenced on September 22, 2026, and concluded on September 24, 2026. CS Vincent P D of M/s. SVJS & Associates served as the scrutinizer. The e-voting results are to be reported to stock exchanges and placed on the company website within two working days of the meeting's conclusion.

Kitex Garments has scheduled its 34th Annual General Meeting (AGM) for September 25, 2026. The event will be conducted via Video Conferencing or Other Audio Visual Means. The company also fixed the record date for determining dividend entitlements for the fiscal year ended March 31, 2026.

The newspaper notice regarding the meeting was published on September 4, 2026, in The Hindu Business Line (All India Editions) and in Malayalam in the Chandrika newspaper (Kochi Edition). This disclosure was made pursuant to Regulation 30 and Regulation 47 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015.

Meeting Details

The AGM is scheduled to begin at 11:00 am on Friday, September 25, 2026. The meeting complies with circulars issued by the Ministry of Corporate Affairs and SEBI regarding virtual gatherings. It will be held through Video Conferencing (VC) / Other Audio-Visual Means (OAVM).

Dividend and Record Date

Pursuant to Regulation 42 of the SEBI Listing Obligations and Disclosure Requirements Regulations, 2015, the book closure period runs from September 18, 2026, to September 25, 2026. Shareholders must be on the register as of September 18, 2026, to receive the payout.

The Board of Directors has recommended a dividend on equity shares for FY26. If approved at the AGM, the payment will be made within 30 days of the meeting date, subject to tax deduction at source.

E-Voting Details

Members holding shares as on the cut-off date of September 18, 2026, may cast their votes using an electronic voting system. The facility is provided by Central Depository Services (India) Limited (CDSL).

Remote e-voting commences at 9:00 am on Tuesday, September 22, 2026, and ends at 5:00 pm on Thursday, September 24, 2026. Once a vote is cast, it cannot be changed subsequently. Members who have cast their vote by remote e-voting prior to the AGM may attend the meeting but shall not be entitled to cast their vote again.

Electronic copies of the Notice of AGM and Annual Report for FY 2025-26 were sent by email on September 3, 2026, to all members whose email IDs are registered with their Depository Participants or Cameo Corporate Services Limited, the Registrar and Share Transfer Agent. For members without registered email addresses, a letter providing a web link is being sent via post. The documents are also available on the company website, stock exchange websites, and CDSL’s e-voting portal.