Kitex Garments logo

Kitex Garments MD, chairman, board of directors and AGM

NSE: KITEXBSE: 521248Textiles & ApparelsSmall Cap

Last close ₹111.71down ₹3.66 (3.17%)BSE ₹112.15

Share price at the NSE close on 23 Oct 2026. Previous close ₹115.37.

52-week range of traded prices to 23 Oct 2026
₹110.05Low, 23 Oct 2026₹232.70High, 24 Oct 2025
Market cap
₹2,229 Cr934th largest listed
P/E
Owners' profit not stated
P/B
2.2
Dividend yield
0.45%
ROCE
−2.2%
Debt to equity
0.97
Volume, NSE
5,69,31636.5% delivered

Kitex Garments board of directors

At the end of the quarter to Jun 2026, as the company filed it; changes since are in its announcements.Their trades in its shares

  • Chairperson and managing directorSabu Meckamkunnel Jacob
  • Company Secretary and Compliance OfficerDayana Joseph

6 directors3 independent2 executive1 non-executive

  • Sabu Meckamkunnel Jacob · Chairperson and managing directorExecutive · joined Aug 1993 · reappointed Aug 2025 · 1 listed board · 2 committee seats
  • Sindhu ChandrasekharanExecutive · joined Mar 2015 · reappointed Mar 2025 · 1 listed board · 3 committee seats, 1 as chair
  • Kalpathy Lekshmi Venkitanarayanan NarayananNon-executive · joined Apr 2013 · reappointed Sep 2023 · 2 listed boards · 1 committee seat, 1 as chair
  • Amprayil Kurien MathewIndependent · joined Aug 2024 · reappointed Aug 2024 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • Sumi FrancisIndependent · joined Nov 2020 · reappointed Nov 2025 · 60 months as independent · 1 listed board · 1 as independent · 1 committee seat
  • Bijoy PhiliposeIndependent · joined Jun 2026 · reappointed Jun 2026 · 60 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair

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.

2 directors who left
  • Chenakkott Philipose Philipose, left 6 Jun 2026: Others
  • Benni Joseph, left 11 Jan 2025: Tenure Completion

Committees and meetings

Who sits on each, and how often they met.Board meeting notices and outcomes

  • Board

    • 30 Jun 20266 of 6 present3 independent · 31 days in between
    • 29 May 20266 of 6 present3 independent · 65 days in between
    • 24 Mar 20265 of 6 present3 independent · 38 days in between
    • 13 Feb 20265 of 6 present2 independent · 10 days in between
    1 earlier meeting
    • 2 Feb 20266 of 6 present3 independent

  • Audit Committee

    Chair Bijoy Philipose

    Amprayil Kurien Mathew, Sumi Francis

    • 30 Jun 20262 of 3 present2 independent · 31 days in between
    • 29 May 20263 of 3 present3 independent · 104 days in between
    • 13 Feb 20262 of 3 present2 independent

  • Nomination and remuneration committee

    Chair Amprayil Kurien Mathew

    Kalpathy Lekshmi Venkitanarayanan Narayanan, Sumi Francis

    • 30 Jun 20262 of 3 present1 independent · 97 days in between
    • 24 Mar 20263 of 3 present2 independent

  • Stakeholders Relationship Committee

    Chair Kalpathy Lekshmi Venkitanarayanan Narayanan

    Sabu Meckamkunnel Jacob, Sindhu Chandrasekharan, Bijoy Philipose

    • 13 Feb 20264 of 4 present1 independent

  • Risk Management Committee

    Chair Sabu Meckamkunnel Jacob

    Sindhu Chandrasekharan, Bijoy Philipose

    • 29 May 20263 of 3 present1 independent

  • Corporate Social Responsibility Committee

    Chair Sabu Meckamkunnel Jacob

    Kalpathy Lekshmi Venkitanarayanan Narayanan, Amprayil Kurien Mathew, Bijoy Philipose

    • 29 May 20264 of 4 present2 independent · 104 days in between

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.

  • MSKA & Associates LLPPeer-review certificate valid to Jul 2027
1 earlier auditor
  • M/s MSKA & 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.

Kitex Garments 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.Kitex Garments dividend history

Annual general meeting, 25 Sep 2026

1,01,761 shareholders on the register on 18 Sep 2026; present: 5 promoters and 61 others; votes counted by VINCENT P D / SVJS & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt audited financial statements (including the consolidated financial statements) of the Company for the year ended March 31, 2026 together with the report of the Board of Directors and Independent Auditors Report thereonMoreLess
    Ordinary
    99.28% for0.72% against

    Against: promoters 0.00% · institutions 80.73% · other public 0.02%

    Turnout: all 66.28% · promoters 99.99% · institutions 57.56% · other public 21.34%

  2. To declare a final dividend of Rs. 0.50 per fully paid-up ordinary (equity) share of face value of Rs.1/- each for the financial year 2025-26
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 66.29% · promoters 99.99% · institutions 58.92% · other public 21.34%

  3. To appoint a Director in place of Mr. K L V Narayanan (DIN: 01273573), who retires by rotation as Director of the Company
    Ordinary
    99.83% for0.17% against

    Against: promoters 0.00% · institutions 18.37% · other public 0.01%

    Turnout: all 66.29% · promoters 99.99% · institutions 58.92% · other public 21.34%

  4. Appointment of Mr. Bijoy Philipose (DIN: 00516331) as an Independent Director
    Special
    99.83% for0.17% against

    Against: promoters 0.00% · institutions 18.39% · other public 0.02%

    Turnout: all 66.29% · promoters 99.99% · institutions 58.92% · other public 21.34%

  5. To approve capital raising by way of issuance of securities by way of Qualified Institutions Placement ("QIP")
    Special
    99.09% for0.91% against

    Against: promoters 0.00% · institutions 99.55% · other public 0.03%

    Turnout: all 66.29% · promoters 99.99% · institutions 58.92% · other public 21.34%

  6. Approval of material related party transactions with Kitex Apparel Parks Limited
    OrdinaryPromoters have an interest in it
    94.89% for5.11% against

    Against: promoters 0.00% · institutions 81.18% · other public 0.03%

    Turnout: all 9.63% · promoters 0.00% · institutions 58.92% · other public 21.34%

  7. Approval of material related party tranactions with Kitex Childrenswear Limited
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 9.63% · promoters 0.00% · institutions 58.92% · other public 21.34%

  8. Approval of material related party transactions with Kitex USA LLC
    OrdinaryPromoters have an interest in it
    98.84% for1.16% against

    Against: promoters 0.00% · institutions 18.37% · other public 0.01%

    Turnout: all 9.63% · promoters 0.00% · institutions 58.92% · other public 21.34%

  9. Approval of material related party transactions of identified subsidiary of the Company, viz, Kitex Apparel Parks Limited with Kitex Building Systems L.L.C - FZ, related parties of the Company
    OrdinaryPromoters have an interest in it
    99.97% for0.03% against

    Against: promoters 0.00% · institutions 0.02% · other public 0.03%

    Turnout: all 9.63% · promoters 0.00% · institutions 58.92% · other public 21.34%

  10. Approval of material related party transactions of identified subsidiary of the Company, viz, Kitex Apparel Parks Limited with Kitex Childrenswear Limited, related parties of the Company
    OrdinaryPromoters have an interest in it
    94.89% for5.11% against

    Against: promoters 0.00% · institutions 81.18% · other public 0.03%

    Turnout: all 9.63% · promoters 0.00% · institutions 58.92% · other public 21.34%

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.

Meeting called by the tribunal, 24 Jul 2026, 2 resolutions

1,02,519 shareholders on the register on 17 Jul 2026; present: 5 promoters and 33 others; votes counted by CA RAJMOHAN R / CA RAJMOHAN R.The company's voting result (opens in a new tab)

  1. To consider and approve the Scheme of Arrangement Between Kitex Childrenswear Limited and Kitex Garments Limited and their respective shareholders and creditors under sections 230 to 232 and other applicable provisions of Companies Act, 2013MoreLess
    SpecialPromoters have an interest in it
    99.25% for0.75% against

    Against: promoters 0.00% · institutions 71.32% · other public 0.03%

    Turnout: all 66.09% · promoters 99.99% · institutions 58.45% · other public 20.75%

  2. To consider and approve the Scheme of Arrangement between Kitex Childrenswear Limited and Kitex Garments Limited and their respective shareholders and creditors under Sections 230 to 232 and other applicable provisions of Companies Act, 2013MoreLess
    OrdinaryPromoters have an interest in it
    94.75% for5.25% against

    Against: promoters 0.00% · institutions 71.32% · other public 0.03%

    Turnout: all 9.44% · promoters 0.00% · institutions 58.45% · other public 20.75%

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.

Annual general meeting, 17 Sep 2025, 13 resolutions

99,991 shareholders on the register on 10 Sep 2025; present: 5 promoters and 70 others; votes counted by SREEKUMAR P S / SVJS & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt Audited Financial Statements (including the Consolidated Financial Statements) of the Company for the year ended March 31, 2025 together with the Report of the Board of Directors and Independent Auditors Report thereonMoreLess
    Ordinary
    99.25% for0.75% against

    Against: promoters 0.00% · institutions 99.98% · other public 0.01%

    Turnout: all 66.92% · promoters 99.99% · institutions 36.13% · other public 23.26%

  2. To declare a final dividend of Rs.0.50 paisa per fully paid-up Ordinary (equity) share of face value Re.1/- each for the Financial Year 2024-25
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 66.93% · promoters 99.99% · institutions 37.13% · other public 23.26%

  3. To appoint a director in place of Mr. Sabu M Jacob (DIN: 00046016), who retires by rotation, and being eligible offers himself for re-appointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 66.93% · promoters 99.99% · institutions 37.13% · other public 23.26%

  4. Re-appointment of Mr. Sabu M Jacob (DIN: 00046016) as Chairman and Managing Director
    SpecialPromoters have an interest in it
    99.23% for0.77% against

    Against: promoters 0.00% · institutions 99.98% · other public 0.01%

    Turnout: all 66.93% · promoters 99.99% · institutions 37.13% · other public 23.26%

  5. Re-appointment of Mrs. Sumi Francis (DIN: 08950675) as an Independent Director for the second term
    Special
    99.23% for0.77% against

    Against: promoters 0.00% · institutions 99.98% · other public 0.02%

    Turnout: all 66.93% · promoters 99.99% · institutions 37.13% · other public 23.26%

  6. Appointment of M/s. SVJS and Associates, Company Secretaries as the secretarial auditor of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 66.93% · promoters 99.99% · institutions 37.13% · other public 23.26%

  7. Increase in Authorised Share Capital and consequent alteration to the capital clause of the Memorandum of Association
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 66.93% · promoters 99.99% · institutions 37.13% · other public 23.26%

  8. To approve capital raising by way of issuance of Equity Shares by way of Qualified Institutions Placement (QIP)
    Special
    99.23% for0.77% against

    Against: promoters 0.00% · institutions 99.98% · other public 0.01%

    Turnout: all 66.93% · promoters 99.99% · institutions 37.13% · other public 23.26%

  9. Approval for material related party transactions with Kitex Apparel Parks Limited
    OrdinaryPromoters have an interest in it
    94.97% for5.03% against

    Against: promoters 0.00% · institutions 99.98% · other public 0.01%

    Turnout: all 10.27% · promoters 0.00% · institutions 37.13% · other public 23.25%

  10. Approval for material related party transactions with Kitex Childrenswear Limited
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 10.27% · promoters 0.00% · institutions 37.13% · other public 23.25%

  11. Approval for material related party transactions with Kitex USA LLC
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 10.27% · promoters 0.00% · institutions 37.13% · other public 23.25%

  12. Approval for materail related party transaction(s) of identified subsidiary of the company, viz, Kitex Apparel Parks Limited (KAPL) with Kitex Building Systems L.L.C-FZ, related parties of the company
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 10.27% · promoters 0.00% · institutions 37.13% · other public 23.25%

  13. Approval for material related party transaction(s) of identified subsidiary of the company, viz, Kitex Apparel Parks Limited (KAPL) with Kitex Childrenswear Limited, related parties of the company
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 10.27% · promoters 0.00% · institutions 37.13% · other public 23.25%

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.

Postal ballot, 29 Dec 2024, 2 resolutions

61,941 shareholders on the register on 22 Nov 2024; votes counted by JAYAN K / SVJS & ASSOCIATES.The company's voting result (opens in a new tab)

  1. Issue of Bonus Shares
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 70.29% · promoters 99.99% · institutions 36.98% · other public 31.26%

  2. To make investments, give loans, guarantees and provide security under Section 186 of the Companies Act, 2013
    Special
    98.79% for1.21% against

    Against: promoters 0.00% · institutions 100.00% · other public 2.46%

    Turnout: all 70.29% · promoters 99.99% · institutions 36.98% · other public 31.26%

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.

Annual general meeting, 28 Sep 2024, 11 resolutions

Present: 3 promoters and 50 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt Audited Financial Statements (including the Consolidated Financial Statements) of the Company for the year ended March 31, 2024 together with the Report of the Board of Directors and Independent Auditors Repoirt thereonMoreLess
    Ordinary
    99.27% for0.73% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.01%

    Turnout: all 70.17% · promoters 99.99% · institutions 57.65% · other public 30.63%

  2. To declare a final dividend of Rs.1.50 per fully paid-up Ordinary (equity) share of face value Rs.1/- each for the Financial Year 2023-24
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 70.19% · promoters 99.99% · institutions 59.22% · other public 30.64%

  3. To appoint a Director in place of Mrs. Sindhu Chandrasekharan (DIN: 06434415), who retires by rotation, and being eligible offers herself for re-appointment
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 70.19% · promoters 99.99% · institutions 59.22% · other public 30.63%

  4. Appointment of Mr. A K Mathew (DIN : 02437778) as an independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 70.19% · promoters 99.99% · institutions 59.22% · other public 30.63%

  5. Approval to advance any loan or give guarantee or provide security under Section 185 of the Companies Act, 2013
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 70.19% · promoters 99.99% · institutions 59.22% · other public 30.63%

  6. Re-appointment of Mrs. Sindhu Chandrasekharan (DIN : 06434415) as Whole-Time Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 70.19% · promoters 99.99% · institutions 59.22% · other public 30.63%

  7. Approval for material related party transactions with Kitex Apparel Parks Limited
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 13.53% · promoters 0.00% · institutions 59.22% · other public 30.63%

  8. Approval for material related party transactions with Kitex Childrenswear Limited
    OrdinaryPromoters have an interest in it
    99.19% for0.81% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.84%

    Turnout: all 13.53% · promoters 0.00% · institutions 59.22% · other public 30.63%

  9. Approval for material related party transactions with Kitex USA LLC
    OrdinaryPromoters have an interest in it
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.01%

    Turnout: all 13.53% · promoters 0.00% · institutions 59.22% · other public 30.63%

  10. Approval for materail related party transaction(s) of identified subsidiary of the company, viz, Kitex Apparel Parks Limited (KAPL) with Kitex Building Systems L.L.C-FZ, related parties of the company
    OrdinaryPromoters have an interest in it
    99.98% for0.02% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.02%

    Turnout: all 13.53% · promoters 0.00% · institutions 59.22% · other public 30.63%

  11. Approval for material related party transaction(s) of identified subsidiary of the company, viz, Kitex Apparel Parks Limited (KAPL) with Kitex Childrenswear Limited, related parties of the company
    OrdinaryPromoters have an interest in it
    99.19% for0.81% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.84%

    Turnout: all 13.53% · promoters 0.00% · institutions 59.22% · other public 30.63%

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.

Annual general meeting, 30 Sep 2023, 7 resolutions

Present: 2 promoters and 50 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt Audited Financial Statements (including the Consolidated financial statements) of the Company for the year ended March 31, 2023 together with the Report of the Board of Directors and Independent Auditors report thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 70.82% · promoters 99.99% · institutions 79.45% · other public 31.95%

  2. To declare a final Dividend of Rs.1.50 per fully paid-up Ordinary (equity) Share of face value Rs.1/- each for the Financial Year 2022-23.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.00%

    Turnout: all 70.84% · promoters 99.99% · institutions 82.38% · other public 31.95%

  3. To appoint a Director in place of Mr. KLV Narayanan (DIN: 01273573), who retires by rotation, and being eligible offers himself for re-appointment
    Ordinary
    99.87% for0.13% against

    Against: promoters 0.00% · institutions 5.40% · other public 0.47%

    Turnout: all 70.84% · promoters 99.99% · institutions 82.38% · other public 31.95%

  4. To re-appoint the Independent Auditors and to fix their remuneration
    Ordinary
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.64%

    Turnout: all 70.84% · promoters 99.99% · institutions 82.38% · other public 31.95%

  5. Approval for material related party transactions with Kitex Apparel Parks Limited.
    OrdinaryPromoters have an interest in it
    95.62% for4.38% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.48%

    Turnout: all 14.19% · promoters 0.00% · institutions 82.38% · other public 31.95%

  6. Approval for material related party transactions with Kitex Childrenswear Limited.
    OrdinaryPromoters have an interest in it
    95.62% for4.38% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.48%

    Turnout: all 14.19% · promoters 0.00% · institutions 82.38% · other public 31.95%

  7. Approval for material related party transactions with Kitex USA LLC
    OrdinaryPromoters have an interest in it
    95.64% for4.36% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.46%

    Turnout: all 14.19% · promoters 0.00% · institutions 82.38% · other public 31.95%

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.

Postal ballot, 18 Feb 2023, 4 resolutions

The company's voting result (opens in a new tab)

  1. To make investments, give loans, guarantees and provide security under Sec 186 of the Companies Act, 2013
    Special
    99.24% for0.76% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.02%

    Turnout: all 72.61% · promoters 99.99% · institutions 77.25% · other public 36.15%

  2. Approval for Material Related Party Transactions with Kitex Apparel Parks Limited
    OrdinaryPromoters have an interest in it
    96.55% for3.45% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.02%

    Turnout: all 15.96% · promoters 0.00% · institutions 77.25% · other public 36.14%

  3. Approval for material related party transactions with Kitex Childrenswear Limited
    OrdinaryPromoters have an interest in it
    96.57% for3.43% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.00%

    Turnout: all 15.96% · promoters 0.00% · institutions 77.25% · other public 36.14%

  4. Approval for material related party transactions with Kitex USA LLC
    OrdinaryPromoters have an interest in it
    96.57% for3.43% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.00%

    Turnout: all 15.96% · promoters 0.00% · institutions 77.25% · other public 36.14%

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.

Annual general meeting, 29 Aug 2022, 3 resolutions

Present: 4 promoters and 43 others.The company's voting result (opens in a new tab)

  1. Adoption of audited financial statements (including the Consolidated financial statements) of the Company for the year ended March 31, 2022 together with the Report of the Board of Directors and Independent Auditors report thereonMoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.14%

    Turnout: all 60.01% · promoters 99.99% · institutions 75.91% · other public 6.52%

  2. Declaration of Final Dividend of Rs. 1.50 per equity share for the year ended March 31, 2022
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.07%

    Turnout: all 60.03% · promoters 99.99% · institutions 78.51% · other public 6.52%

  3. Appointment of Director in place of Mr. Sabu M Jacob (DIN: 00046016), who retires by rotation and being eligible offers himself for re-appointment
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.15%

    Turnout: all 60.03% · promoters 99.99% · institutions 78.51% · other public 6.52%

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.

How mutual funds voted

Fund houses must disclose how they vote at every meeting of a company they hold.

Mutual fund votes, meeting of 25 Sep 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)

  • To receive, consider and adopt audited financial statements (including the consolidated financial statements) of the Company for the year ended March 31, 2026 together with the report of the Board of Directors and Independent Auditors Report thereonMoreLess
    1 for0 against
  • To declare a final dividend of Rs. 0.50 per fully paid-up ordinary (equity) share of face value of Rs.1/- each for the financial year 2025-26
    1 for0 against
  • To appoint a Director in place of Mr. K L V Narayanan (DIN: 01273573), who retires by rotation as Director of the Company
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance concern: Skewed remuneration in favor of promoter Executive Director and proposed Director is member of Nomination and Remuneration Committee.
    0 for1 against
  • Appointment of Mr. Bijoy Philipose (DIN: 00516331) as an Independent Director
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance and Transparency concern: It appears that the position of Independent Director at the Company is an ex-officio position for Sevana Group, as the Mr. Bijoy Philipose was appointed as an Independent Director upon the resignation of C.P. Philipose.
    0 for1 against
  • To approve capital raising by way of issuance of securities by way of Qualified Institutions Placement ("QIP")
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance Concern: Excessive dilution, however, the Company has neither provided rationale for not opting for Rights Issue as a mode of fund-raising nor provided specific rationale for needs of fund raising.
    0 for1 against
  • Approval of material related party transactions with Kitex Apparel Parks Limited
    1 for0 against
  • Approval of material related party tranactions with Kitex Childrenswear Limited
    1 for0 against
  • Approval of material related party transactions with Kitex USA LLC
    Against Angel One Mutual Fund
    • Angel One Mutual FundGovernance Concern: Financial capacity of the related party and proposed quantum of transactions appears higher considering the previous approved limit utilization.
    0 for1 against
  • Approval of material related party transactions of identified subsidiary of the Company, viz, Kitex Apparel Parks Limited with Kitex Building Systems L.L.C - FZ, related parties of the Company
    1 for0 against
  • Approval of material related party transactions of identified subsidiary of the Company, viz, Kitex Apparel Parks Limited with Kitex Childrenswear Limited, related parties of the Company
    1 for0 against

Mutual fund votes, meeting of 24 Jul 2026, 1 fund house so far (houses' deadline to file 15 Oct 2026)

  • Scheme of Arrangement between Kitex Childrenswear Limited and Kitex Garments Limited and their respective shareholders and creditors (Scheme), under the provisions of Sections 230 to 232 of the Companies Act, 2013 (Act).MoreLess
    1 for0 against
1 earlier meeting

Mutual fund votes, meeting of 17 Sep 2025, 1 fund house

  • To receive, consider and adopt Audited Financial Statements (including the Consolidated Financial Statements) of the Company for the year ended March 31, 2025 together with the Report of the Board of Directors and Independent Auditors Report thereonMoreLess
    1 for0 against
  • To declare a final dividend of Rs.0.50 paisa per fully paid-up Ordinary (equity) share of face value Re.1/- each for the Financial Year 2024-25
    1 for0 against
  • To appoint a director in place of Mr. Sabu M Jacob (DIN: 00046016), who retires by rotation, and being eligible offers himself for re-appointment
    1 for0 against
  • Re-appointment of Mr. Sabu M Jacob (DIN: 00046016) as Chairman and Managing Director
    1 for0 against
  • Re-appointment of Mrs. Sumi Francis (DIN: 08950675) as an Independent Director for the second term
    1 for0 against
  • Appointment of M/s. SVJS and Associates, Company Secretaries as the secretarial auditor of the Company
    1 for0 against
  • Increase in Authorised Share Capital and consequent alteration to the capital clause of the Memorandum of Association
    1 for0 against
  • To approve capital raising by way of issuance of Equity Shares by way of Qualified Institutions Placement (QIP)
    1 for0 against
  • Approval for material related party transactions with Kitex Apparel Parks Limited
    1 for0 against
  • Approval for material related party transactions with Kitex Childrenswear Limited
    1 for0 against
  • Approval for material related party transactions with Kitex USA LLC
    1 for0 against
  • Approval for materail related party transaction(s) of identified subsidiary of the company, viz, Kitex Apparel Parks Limited (KAPL) with Kitex Building Systems L.L.C-FZ, related parties of the company
    1 for0 against
  • Approval for material related party transaction(s) of identified subsidiary of the company, viz, Kitex Apparel Parks Limited (KAPL) with Kitex Childrenswear Limited, related parties of the company
    1 for0 against

Each fund house counted once, from its own disclosure; the reasons are its own words.

Investor complaints and compliance

Quarter by quarter.

Investor complaints received and resolved, the company's own count

  • Received
  • Resolved

Open at the quarter's end

None open at any quarter's end.
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
Yes
The chair is related to the managing director
Yes
The filing has a part on fines and penalties
No
The filing has a part on tax disputes
No
There was a cyber security incident in the quarter
No

The company's own answers in its filing.