Sri Nachammai Cotton Mills will convene the 78th meeting of its Board of Directors on Tuesday, October 6, 2026. The session is scheduled to begin at 11:15 am at the company's registered office in Salem.

The intimation regarding the board meeting date was submitted to BSE Limited on September 28, 2026. This filing complies with Regulation 29 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015, which mandates prior disclosure of board meeting dates.

Meeting details and venue

The board meeting will be held at Door No. 181, 'Vasantham', 4th Cross Street, New Fairlands, Salem - 636 016. The company has also arranged for the publication of the meeting notice in English and Tamil newspapers to ensure broader shareholder awareness.

Corporate governance compliance

The notice was signed by P. Umayal, Chairman cum Managing Director, and CS M. Harish, Company Secretary cum Compliance Officer. The company stated that the news paper advertisement copy of the notice is annexed to the submission made to the stock exchange.

Sri Nachammai Cotton Mills Limited shareholders unanimously approved the adoption of audited financial statements for FY26 and the reappointment of director C. Renuka during the company's 46th Annual General Meeting (AGM).

The meeting was held on September 25, 2026, at 12:15 pm through video conferencing. The proceedings were chaired by Managing Director P. Palaniappan. The company reported that 16 members attended the virtual meeting, satisfying the requisite quorum.

Voting Results and Resolutions

All three ordinary resolutions proposed in the notice were passed with overwhelming support. The voting process was conducted via remote e-voting and live e-voting during the meeting, facilitated by Central Depository Services (India) Limited (CDSL). The scrutinizer, M.R.L. Narasimha, confirmed that all resolutions received the requisite majority under the Companies Act, 2013.

The specific resolutions approved were:

1. Adoption of the audited Balance Sheet, Profit & Loss Account, and Cash Flow Statement for the year ended March 31, 2026, along with Directors' and Auditors' reports.
2. Reappointment of Smt. C. Renuka as a Director retiring by rotation.
3. Ratification of remuneration paid to the Cost Auditor for FY27.

What the Numbers Show

The voting data reveals a highly concentrated shareholder base participating in the decision-making process. Out of 3,797 shareholders on the record date, only 23 folios cast votes across all resolutions. This indicates that a small fraction of the total shareholder count exercised their voting rights, yet they controlled the outcome due to the weightage of their holdings. The dissenting votes totaled only 3 shares out of 24,03,431 votes cast, highlighting near-total consensus among active voters regarding management's performance and governance decisions for FY26.