Suryalata Spinning Mills will hold its 43rd Annual General Meeting (AGM) on Monday, August 24, 2026, utilizing Video Conferencing (VC) or Other Audio Visual Means (OAVM). The meeting aims to address standard annual business items in compliance with the Companies Act, 2013, and Securities and Exchange Board of India (SEBI) Listing Obligations and Disclosure Requirements Regulations, 2015. Shareholders holding shares as of the record date will be eligible to participate and vote electronically.

The company issued its newspaper advertisement regarding the AGM on August 01, 2026, in Business Standard and Nava Telangana, pursuant to Regulations 30 and 47 of the SEBI LODR Regulations. The notice was dispatched to members with registered email addresses on July 31, 2026. Physical shareholders are requested to update their contact details with the Registrar and Transfer Agents, Kfin Technologies Limited, to ensure receipt of future communications.

Remote e-voting is open from August 20, 2026, at 09:00 hrs (IST) until August 23, 2026, at 17:00 hrs (IST). The cut-off date for determining eligibility to vote is August 14, 2026. Once a vote is cast remotely, it cannot be changed, and members who have voted electronically cannot vote again during the live VC session.

The Register of Members and Share Transfer books will remain closed from August 17, 2026, to August 24, 2026. This closure period ensures the finalization of the shareholder list for the meeting and any potential dividend entitlements subject to board recommendation and shareholder approval.

Procedural Compliance

The AGM notice and Annual Report for FY25 are available on the company’s website. Managing Director Vithaldas Agarwal signed the submission to BSE Limited. Members encountering issues with e-voting may contact Kfin Technologies Limited via email or toll-free number. The company emphasized that only those recorded in the register of members or beneficial owners maintained by depositories as on the cut-off date are entitled to avail the remote e-voting facility.

Suryalata Spinning Mills Limited reported a 3.5% decline in standalone net profit to ₹4.13 crore for the quarter ended June 30, 2026, driven by higher operational costs including power and fuel expenses. Despite the standalone dip, consolidated net profit rose marginally by 1.0% to ₹5.90 crore, reflecting improved performance in its subsidiaries. The Board of Directors approved these unaudited financial results on July 25, 2026, in Secunderabad, alongside key corporate governance decisions including the continuation of an independent director and the scheduling of the 43rd Annual General Meeting (AGM).

The disclosure was made pursuant to Regulation 30 and Regulation 47(3) of the SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015. Managing Director Vithaldas Agarwal signed the submission to BSE Limited. The results were reviewed by the audit committee and accompanied by a limited review report with an unmodified conclusion from the statutory auditor, M/s K.S. Rao & Co., Chartered Accountants, as required under Regulation 33 of the SEBI LODR Regulations.

Financial Performance

Standalone revenue from operations fell 2.1% to ₹120.55 crore compared to ₹123.13 crore in Q1FY26. Total expenses amounted to ₹115.70 crore, up from ₹118.25 crore in the prior-year quarter, reflecting changes in inventory valuation that offset some cost pressures. Profit before tax declined to ₹5.63 crore from ₹5.72 crore year-on-year. Tax expense was ₹1.50 crore, resulting in a profit after tax of ₹4.13 crore. Earnings per share (basic and diluted) were ₹9.68, compared to ₹10.04 in Q1FY26.

On a consolidated basis, revenue from operations decreased 1.8% to ₹123.84 crore from ₹126.09 crore year-on-year. Total expenses were ₹116.33 crore, compared to ₹118.88 crore in the prior-year quarter. Profit before tax rose to ₹7.75 crore from ₹7.31 crore. Consolidated profit after tax was ₹5.90 crore, up from ₹5.84 crore year-on-year. Consolidated earnings per share were ₹13.82, compared to ₹13.69 in Q1FY26.

Corporate Governance and Shareholder Updates

The Board approved the continuation of Sri Meka Yugandhar (DIN: 00012265) as a Non-Executive Independent Director beyond the age of 75 years, subject to shareholder approval at the upcoming AGM. His term extends until June 28, 2029. Meka Yugandhar brings over four decades of experience in financial services and is not related to other directors or key managerial personnel of the company.

Pursuant to Regulation 42 of the SEBI (Listing Obligations & Disclosure Requirements) Regulations, 2015, the record date for determining members eligible to receive the final dividend and participate in the AGM for the financial year ended March 31, 2026, has been fixed as August 14, 2026. The register of members and share transfer books will remain closed from August 17, 2026, to August 24, 2026, both days inclusive, for determining eligibility for the AGM. The 43rd AGM is scheduled for August 24, 2026, to be conducted via video conference or other audio-visual means.