Southern Latex has scheduled its 37th Annual General Meeting for September 10, 2026. The meeting will be held at 11:30 am through Video Conferencing or Other Audio Visual Means, in compliance with Ministry of Corporate Affairs and SEBI regulations.

The company submitted the newspaper advertisement to the BSE Corporate Relationship Department on August 26, 2026. The notice confirms adherence to MCA General Circular No. 20/2020 and SEBI Listing Regulations 30 and 47.

Meeting Details

The annual general meeting is set for Thursday, September 10, 2026. It will commence at 11:30 am. The format follows guidelines issued by the Ministry of Corporate Affairs General Circular No. 03/2025 dated September 22, 2025.

Regulatory Compliance

Southern Latex cited compliance with multiple regulatory frameworks. These include MCA circulars and SEBI circulars dated October 3, 2024. The company secretary, Kavitha.C, signed the submission letter.

What the Numbers Show

The filing contains no financial data. It serves purely as a procedural notification for the upcoming shareholder meeting.

Southern Latex Limited has scheduled its 37th Annual General Meeting (AGM) for September 10, 2026, to transact ordinary and special business items, including the adoption of financial results for FY26 and a significant strategic shift in its corporate identity. The meeting will be conducted through Video Conferencing (VC) or Other Audio Visual Means (OAVM) in compliance with Ministry of Corporate Affairs (MCA) General Circular No. 03/2025.

Strategic Name Change and Business Diversification

The Board of Directors has proposed changing the company’s name from Southern Latex Limited to Shirdi Engineering Limited. This resolution is linked to an alteration in the Memorandum of Association to include new main object clauses pertaining to the electrical engineering industry. The Board stated that the existing name is intrinsically associated with the rubber industry and does not reflect the proposed business profile, which could adversely impact market perception and brand positioning.

The new main objects will enable the company to manufacture and deal in:

• Electrical power transmission and distribution equipment, including power transformers and voltage regulators.
• Conductors such as AAC, ACSR, copper, and aluminium wires.
• Electrical instruments, switchgears, control panels, and solar components.
• Aluminium rods manufactured from billets or ingots.

Additionally, the company seeks to remove the 'Other Objects' clause from its Memorandum of Association to align with Section 4(1)(c) of the Companies Act, 2013, which prohibits such clauses.

Director Reappointment

As part of the ordinary business, shareholders will vote on the reappointment of Mr. Neelakanda Pillai Namasivayam as a director liable to retire by rotation. Mr. Namasivayam, who holds a Bachelor of Science degree and has experience in mechanical engineering, was initially appointed on November 5, 2003. He currently serves as Managing Director and holds directorships in Rajalakshmi Education Services Private Limited, Shirdi Conductors Private Limited, and Norton Polymers Limited.

Voting and Meeting Logistics

Shareholders holding shares as on September 3, 2026, are eligible to vote. Remote e-voting will be facilitated by Central Depository Services (India) Limited (CDSL) from September 7, 2026, to September 9, 2026. The register of members and share transfer books will remain closed from September 4, 2026, to September 10, 2026, to determine voting eligibility.

Individual demat shareholders can vote via their depository participant (CDSL/NSDL) platforms, while physical shareholders must use the CDSL e-voting portal. Corporate shareholders are required to upload board resolutions and powers of attorney for verification. The company emphasized that votes cast via remote e-voting cannot be modified, and shareholders who have voted remotely will not be eligible to vote during the live VC session.