Suryalata Spinning Mills accepted the resignation of Harishchandra Prasad Kanuri as an Independent Director, effective August 26, 2026. The departure follows the completion of his first term in the role.

The company notified the Bombay Stock Exchange on August 27, 2026, regarding the vacation of office. The move complies with Regulation 30 of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015.

Kanuri served as a Non-Executive Independent Director until the end of his tenure. Vithaldas Agarwal, the Managing Director, signed the intimation letter to the Department of Corporate Services at BSE Limited.

Suryalata Spinning Mills has released the voting results for its 43rd Annual General Meeting held on August 24, 2026. Shareholders approved all seven resolutions, including the declaration of a 20% dividend of ₹2 per equity share for FY26.

The virtual session, chaired by Chairman Harishchandra Prasad Kannuri, commenced at 11:00 am and concluded at 12:11 pm via video conference. Members adopted the audited standalone and consolidated financial statements for the fiscal year ended March 31, 2026, along with the reports of the Board of Directors and statutory auditors.

Voting Results

The scrutinizer report issued by Smt Prerna Heda of Prerna & Co confirms that all resolutions received the requisite majority. A total of 5,274 shareholders were on record as of August 14, 2026. Of these, 114 shareholders attended the meeting via video conference (3 promoters and 111 public shareholders), while remote e-voting was conducted from August 20 to August 23, 2026.

Key Resolutions

Shareholders approved several ordinary and special business items during the proceedings:

• Declaration of dividend on Cumulative Redeemable Preference Shares for FY26.
• Reappointment of Smt Madhavi Agarwal as Whole Time Director upon retirement by rotation.
• Appointment of Sri Gautam Damodar Sawang as an Independent Director.
• Continuation of Sri Meka Yugandhar’s directorship as a Non-Executive Independent Director.
• Ratification of remuneration for Cost Auditor Smt Aruna Prasad for the financial year ending March 31, 2027.

Governance and Compliance

The Board included Managing Director Vithaldas Agarwal, Joint Managing Director Mahender Kumar Agarwal, and Non-Executive Non-Independent Director Suresh Reddy Kethireddy. Statutory auditors K S Rao & Co and internal auditors Brahmayya & Co were present to address member queries regarding the financial statements.

Prerna & Co, Company Secretaries, scrutinized the voting process. E-voting was enabled from August 20, 2026, at 9:00 am to August 23, 2026, at 5:00 pm through the KFin platform. The promoter group held 3,002,310 shares, while public non-institutional shareholders held 1,263,694 shares.