Shiva Mills Limited has scheduled its 11th Annual General Meeting (AGM) for Thursday, August 27, 2026. The company announced the timeline for remote e-voting, which will allow shareholders to participate in the meeting proceedings from Monday, August 24, 2026, at 10:00 A.M. (IST) until Wednesday, August 26, 2026, at 5:00 P.M. (IST). This schedule ensures shareholders have a three-day window to cast their votes before the physical or hybrid meeting commences.

The cut-off date for determining eligibility for remote e-voting is set for August 20, 2026. Shareholders holding shares on this record date will be eligible to vote electronically. The company has appointed Mr R Dhanasekaran, a Practicing Company Secretary, as the Scrutinizer for the remote e-voting process to ensure compliance and integrity in the voting mechanism.

Key Dates and Details

The intimation was issued to the National Stock Exchange of India Limited and BSE Limited on July 27, 2026. Shyamala Mahalingam, Company Secretary of Shiva Mills Limited, signed the communication. Shareholders are advised to note the specific time windows for e-voting to ensure their votes are recorded prior to the AGM.

What This Means for Shareholders

The announcement provides clear deadlines for shareholder participation. The three-day e-voting period preceding the AGM is standard practice under SEBI regulations, allowing investors who cannot attend the physical meeting to exercise their voting rights remotely. The appointment of an independent practicing company secretary as scrutinizer adds a layer of oversight to the electronic voting process, ensuring that the results reflect the genuine intent of the shareholders. Investors should verify their shareholding status as of the August 20 cut-off date to confirm eligibility.

Shiva Mills Limited narrowed its net loss to ₹8.95 lakh for the financial year ended March 31, 2026, compared to a net loss of ₹381.12 lakh in the previous year, as per its audited financial results. Revenue from operations declined to ₹13,913.67 lakh in FY26 from ₹16,930.54 lakh in FY25. The company’s Board of Directors approved the results at a meeting held on May 27, 2026.

The statutory auditors, M/s. VKS Aiyer & Co, issued an unmodified opinion on the audited financial results. For the quarter ended March 31, 2026, the company reported a net profit of ₹140.62 lakh, a turnaround from the net loss of ₹76.83 lakh in the corresponding quarter of the previous year. Total income for the quarter rose to ₹3,736.18 lakh from ₹3,465.15 lakh in the preceding quarter ended December 31, 2025.

Financial Performance

The company’s expenditure for FY26 totalled ₹14,081.88 lakh, lower than the ₹17,509.76 lakh recorded in FY25. Finance costs decreased significantly to ₹39.53 lakh from ₹122.77 lakh in the prior year. Earnings per share (EPS) for the year improved to a loss of ₹0.10 from a loss of ₹4.41 in FY25. The Board of Directors did not recommend any dividend for the financial year.

Auditor and Committee Appointments

The Board approved the appointment of Sri M Nagarajan as Cost Auditor and M/s B M & Associates as Internal Auditors for the financial year 2026-2027. Additionally, the Board proposed the appointment of M/s CSR & Co., Chartered Accountants, as Statutory Auditors for a term of five years from April 1, 2026, to March 31, 2031. This appointment is subject to the approval of shareholders at the ensuing 11th Annual General Meeting, succeeding the current auditors M/s VKS Aiyer & Co.

The Audit Committee reviewed the audited financial results on May 27, 2026. The company noted that it operates only one business segment, Textile Business, and therefore segment-wise reporting is not applicable.