Kovilpatti Lakshmi Roller Flour Mills Limited has declared the voting results for its 64th Annual General Meeting (AGM) held on September 9, 2026. The company confirmed that all five resolutions, including the dividend declaration and director reappointments, were passed with the requisite majority.

The meeting was conducted via video conferencing and other audio-visual means. A total of 71 members cast 69,59,677 valid e-votes across all items. No invalid votes were recorded.

Voting Results Summary

The scrutinizer’s report confirms that shareholders approved the adoption of audited financial statements for FY26 and the final dividend of ₹1 per equity share. The reappointment of Sharath Jagannathan as Chairman and Managing Director also received shareholder approval.

Governance Renewal

Shareholders approved the reappointment of Sharath Jagannathan as a director on retirement by rotation. Additionally, a special resolution was passed to reappoint him as Chairman and Managing Director for three years, effective from January 25, 2027, along with approval for his remuneration. This resolution saw 67 votes in favor representing 97.70% of valid votes, with 4 dissenting votes accounting for 2.30%.

Audit and Compliance

The statutory auditors, M/s. Marimuthu and Associates, and secretarial auditors, M/s. MDS & Associates LLP, reported no qualifications in their FY26 reports. The meeting also ratified the remuneration for cost auditors M/s. P. Mohan Kumar & Co. for the financial year 2026-27.

Voting Process Details

Remote e-voting was facilitated by MUFG Intime India Private Limited. The remote voting window opened on September 6, 2026, at 9:00 am and closed on September 8, 2026, at 5:00 pm. E-voting during the meeting remained open until 10:00 am on September 9, 2026. Sri. M D Selvaraj, FCS, Managing Partner of M/s. MDS & Associates LLP, served as the Scrutinizer.

Kovilpatti Lakshmi Roller Flour Mills Kovilpatti Lakshmi Roller Flour Mills reported a sharp decline in profitability for the first quarter of FY27, with net profit falling 70% year-on-year to ₹108.74 lakh. The company’s revenue from operations also contracted by 7% to ₹9,226.75 lakh for the quarter ended June 30, 2026, compared to ₹9,959.75 lakh in the same period last year.

The Board of Directors approved the unaudited financial results at a meeting held on August 14, 2026. The statutory auditor, Marimuthu and Associates, issued an unmodified opinion on the standalone financial results. The company confirmed that consolidated financial statements are not applicable as it has no subsidiaries, associates, or joint ventures.

Regulatory Compliance

Pursuant to Regulation 47(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, the company submitted copies of its unaudited financial results for the quarter ended June 30, 2026, to BSE Limited. The results were published in the English daily Business Line and the Tamil daily Daily Thanthi on August 15, 2026.

Financial Performance

Total income stood at ₹9,265.44 lakh, down from ₹9,995.26 lakh in Q1FY26. Other income (net) decreased to ₹38.69 lakh from ₹35.51 lakh in the prior year quarter. Total expenses were recorded at ₹9,120.12 lakh, slightly lower than the ₹9,824.71 lakh incurred in the corresponding period last year.

Profit before tax (PBT) was ₹145.32 lakh, compared to ₹465.26 lakh in Q1FY26. The significant drop in PBT was partly due to the absence of exceptional items, which had contributed ₹294.71 lakh to profits in the previous year's quarter. Tax expense for the current quarter was ₹36.58 lakh, down from ₹101.73 lakh in Q1FY26.

Segment Analysis

The company operates through two segments: Food and Engineering. The Engineering division emerged as the stronger performer in terms of profitability contribution.

• Food Division: Revenue fell 16% year-on-year to ₹6,427.85 lakh. Pre-tax and finance cost profit declined to ₹97.92 lakh from ₹190.31 lakh in Q1FY26.
• Engineering Division: Revenue rose 20% to ₹2,837.59 lakh. Pre-tax and finance cost profit increased to ₹225.49 lakh from ₹202.20 lakh in the corresponding period last year.

The Engineering division’s profit contribution of ₹225.49 lakh significantly outweighed the Food division’s ₹97.92 lakh, highlighting a shift in operational efficiency or margin dynamics between the two business units.

Management Changes

The Board also announced changes in senior management roles effective August 14, 2026:

• Sri. Jegan Adinarayanan, previously Vice President – Food Division, ceases to be a Senior Management Personnel due to a change in role and responsibilities. He continues with the company in a revised designation.
• Sri. S Ramachandran, previously Head-Information Technology, similarly ceases to be a Senior Management Personnel following a change in his role and designation. He remains associated with the company in his new capacity.

These changes were recommended by the Nomination and Remuneration Committee and approved by the Board pursuant to Regulation 30 of the SEBI Listing Regulations.