Kandagiri Spinning Mills MD, chairman, board of directors and AGM
BSE: 521242Textiles & ApparelsSmall Cap
Share price at the BSE close on 19 Oct 2026. Previous close ₹43.66.
- Under BSE's graded surveillance, stage IV, on the list for 22 Oct 2026. The exchange puts a share here when its price has moved unusually, and trading in it carries extra conditions.
- Market capMarket capitalisation. Share price times the number of shares: what the whole company is worth at the day's price. The rank is by average market value over the six months to Jun 2026, among listed companies.
- ₹17 Cr4,307th largest listed
- P/EPrice to earnings, trailing. Market cap divided by the profit of the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, after the share of the other owners of its subsidiaries: what investors pay for each rupee of a year's profit.
- Lossover the last 12 months
- P/BPrice to book. Market cap divided by the net worth that belongs to the company's own shareholders, its assets less everything it owes and less the other owners' share of its subsidiaries, on its latest balance sheet.
- Net worth zero or below
- Dividend yieldDividend yield. Dividends paid per share in the twelve months to the day, as a percentage of the day's share price.
- Nonein the last 12 months
- ROEReturn on equity. Profit over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly) that belongs to the company's own shareholders, as a percentage of their net worth, the money they have in the business.
- Net worth zero or below
- ROCEReturn on capital employed. Operating profit after depreciation (revenue less operating expenses and depreciation, without other income and one-off items) as a percentage of all the money the business runs on: the whole group's net worth, the other owners of its subsidiaries included, plus borrowings. Lease liabilities are not counted: the results filings do not state them. The profit is over the last twelve months (the latest four quarters, or two half years for a company that reports half-yearly); net worth and borrowings are on the latest balance sheet. The filing of 12 Aug 2026
- −10.9%
- Debt to equityDebt to equity. Borrowings divided by the whole group's net worth, the other owners of its subsidiaries included: rupees borrowed for each rupee of equity in the business. Lease liabilities are not counted: the results filings do not state them. From the balance sheet at the end of Mar 2026.
- Net worth zero or below
- Volume, BSEVolume. Shares traded on the last trading day.
- 2,849
Kandagiri Spinning Mills board of directors
At the end of the quarter to Mar 2020, as the company filed it; changes since are in its announcements.Their trades in its shares
- ChairpersonS.DevarajanRelated to the promoter
- Company Secretary and Compliance OfficerJ ASIFA
9 directors4 independent1 executive4 non-executive
- S.Devarajan · ChairpersonNon-executive · joined Apr 1978 · reappointed Aug 2016 · 2 listed boards · 1 committee seat
- R. SelvarajanExecutive · joined Oct 2002 · reappointed Oct 2018 · 1 listed board · 1 committee seat
- S. Vijay ShankarNon-executive · joined Oct 2002 · reappointed Aug 2019 · 1 listed board · 1 committee seat
- A. SarayuNon-executive · joined Feb 2020 · 1 listed board
- S.SivakumarNon-executive · joined Oct 2002 · reappointed Aug 2017 · 1 listed board
- S. GnanasekharanIndependent · joined Sep 2014 · reappointed Aug 2019 · 67 months as independent · 2 listed boards · 2 as independent · 4 committee seats, 3 as chair
- Kameshwar M. BhatIndependent · joined Sep 2014 · reappointed Aug 2019 · 67 months as independent · 2 listed boards · 2 as independent · 2 committee seats, 1 as chair
- V. SekarIndependent · joined Mar 2017 · 37 months as independent · 2 listed boards · 2 as independent · 2 committee seats
- D.BalasundaramIndependent · joined May 2017 · 35 months as independent · 2 listed boards · 2 as independent · 2 committee seats
An independent director has no business or family tie to the company, its promoters or its managers beyond the seat. Listed boards counts the boards of listed companies the director sits on, this one included, and "as independent" how many of those seats are independent ones. Committee seats are audit and stakeholder committee seats across those companies. Months as independent is filed for independent directors only, whose terms the rules cap. Disqualified is the company's own mark that a director may not serve under company law.
Committees and meetings
Who sits on each, and how often they met.Board meeting notices and outcomes
Board
- 9 Feb 20207 present4 independent · 34 days in between
- 5 Jan 20207 present4 independent · 55 days in between
- 10 Nov 20197 present4 independent
Audit Committee
Chair S. Gnanasekharan
S.Devarajan, Kameshwar M. Bhat, V. Sekar, D. Balasundaram
- 8 Feb 20205 present4 independent · 33 days in between
- 5 Jan 20205 present4 independent · 56 days in between
- 9 Nov 20195 present4 independent
Nomination and remuneration committee
Chair Kameshwar M. Bhat
S.Gnanasekharan, V. Sekar
No meeting listed in the filing.
Stakeholders Relationship Committee
Chair S.Gnanasekharan
R. Selvarajan, S. Vijay Shankar
No meeting listed in the filing.
Corporate Social Responsibility Committee
Chair R. Selvarajan
S. Vijay Shankar, S. Devarajan, S.Gnanasekharan
No meeting listed in the filing.
Meetings in the quarter filed and the one before it. The days in between are as the company files them, neither meeting's day counted; the rules allow at most 120. A quorum is the least number of members who must attend for the meeting to decide anything.
Statutory auditor
Named in the results for the quarter to Mar 2026.
- SSAL & AASOCIATESPeer-review certificate valid to Apr 2027
1 earlier auditor
- KRISHNEN & ASSOCIATESNamed in the filing for the quarter to Mar 2025
A statutory auditor checks the company's accounts and signs its results. Peer review is the accountants' institute's check of an audit firm's own work, which a listed company's auditor must hold a valid certificate of.
Kandagiri Spinning Mills AGM and shareholder votes
Each resolution, how the votes went, and how institutions voted apart from the promoters. A postal ballot is a vote by post or online, held without a meeting.Kandagiri Spinning Mills dividend history
Annual general meeting, 25 Sep 2026
2,443 shareholders on the register on 18 Sep 2026; present: 1 promoter and 24 others; votes counted by K. KARTHIKEYAN / K.KARTHIKEYAN & CO.The company's voting result (opens in a new tab)
- ADOPTION OF STANDALONE FINANCIAL STATEMENTS OF THE COMPANY FOR THE YEAR ENDED MARCH 31, 2026Ordinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.07%
Turnout: all 66.83% · promoters 100.00% · other public 5.33%
- REAPPOINTMENT OF RETIRING DIRECTOR BY ROTATION - CHAIRMAN AND NON-EXECUTIVE DIRECTOR MR. ADINARAYANA SRIPATHY KUMAROrdinaryPromoters have an interest in it100.00% for0.00% against
Against: promoters 0.00% · other public 0.07%
Turnout: all 66.83% · promoters 100.00% · other public 5.33%
- REMUNERATION OF STATUTORY AUDITORSOrdinary100.00% for0.00% against
Against: promoters 0.00% · other public 0.07%
Turnout: all 66.83% · promoters 100.00% · other public 5.33%
- REAPPOINTMENT OF CA R. RAVEENDRAN AS A NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANYSpecial100.00% for0.00% against
Against: promoters 0.00% · other public 0.07%
Turnout: all 66.83% · promoters 100.00% · other public 5.33%
- APPOINTMENT OF CS KANNAN ANJANA MARAGATHAM AS A NON-EXECUTIVE INDEPENDENT DIRECTOR OF THE COMPANYSpecial100.00% for0.00% against
Against: promoters 0.00% · other public 0.07%
Turnout: all 66.83% · promoters 100.00% · other public 5.33%
For and against are per cent of the votes cast. Turnout is the votes cast as a per cent of the shares each group holds. Institutions are funds, insurers, banks and foreign investors. An ordinary resolution passes with more than half the votes cast, a special one with at least three quarters.
Compliance
- The board is made up as the listing rules require
- Yes
- The board has a regular chairperson
- Yes
- The company has a risk management committee
- No
- The chair is related to the managing director
- No
The company's own answers in its filing.