Shiva Texyarn logo

Shiva Texyarn MD, chairman, board of directors and AGM

NSE: SHIVATEXBSE: 511108Textiles & ApparelsSmall Cap

Formerly Annamallai Finance
Last close ₹143.53down ₹6.67 (4.44%)BSE ₹140.25

Share price at the NSE close on 23 Oct 2026. Previous close ₹150.20.

52-week range of traded prices to 23 Oct 2026
₹126.06Low, 30 Mar 2026₹217.92High, 6 Nov 2025
Market cap
₹186 Cr2,383rd largest listed
P/E
19.4
P/B
1.3
Dividend yield
0.42%
ROE
6.8%
ROCE
8.4%
Debt to equity
0.48
Volume, NSE
1,05231.1% delivered

Shiva Texyarn board of directors

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

  • ChairpersonSANGAMPALAYAM VEDANAYAGAM ALAGAPPANRelated to the promoter
  • Managing directorSANGAMPALAYAM KANDASAMI SUNDARARAMAN
  • Company Secretary and Compliance OfficerR SRINIVASAN

8 directors4 independent1 executive3 non-executive

  • SANGAMPALAYAM VEDANAYAGAM ALAGAPPAN · ChairpersonNon-executive · joined May 1980 · reappointed Aug 2017 · 2 listed boards · 1 committee seat, 1 as chair
  • SANGAMPALAYAM VEDANAYAGAM KANDASAMINon-executive · joined Aug 2017 · reappointed Aug 2017 · 1 listed board
  • SANGAMPALAYAM KANDASAMI SUNDARARAMAN · Managing directorExecutive · joined Aug 2017 · reappointed Aug 2025 · 5 listed boards · 2 as independent · 7 committee seats, 4 as chair
  • SUJANA ABIRAMI SUNDARARAMANNon-executive · joined Aug 2017 · reappointed Aug 2017 · 1 listed board
  • V BHUVANESHWARIIndependent · joined Jun 2023 · reappointed Jun 2023 · 39 months as independent · 3 listed boards · 3 as independent · 3 committee seats
  • ARJUNARAJ DHANANJAYANIndependent · joined May 2019 · reappointed May 2024 · 88 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • DEVARAJJALUNAIDU SATHISHKRISHNANIndependent · joined May 2019 · reappointed May 2024 · 88 months as independent · 1 listed board · 1 as independent · 2 committee seats
  • JAYARAM GOVINDARAJANIndependent · joined May 2024 · reappointed May 2024 · 28 months as independent · 2 listed boards · 1 as independent · 1 committee seat

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

    • 6 Aug 20266 of 8 present4 independent · 70 days in between
    • 27 May 20267 of 8 present4 independent

  • Audit Committee

    Chair ARJUNARAJ DHANANJAYAN

    SANGAMPALAYAM KANDASAMI SUNDARARAMAN, DEVARAJJALUNAIDU SATHISHKRISHNAN, V BHUVANESHWARI

    • 6 Aug 20264 of 4 present3 independent · 70 days in between
    • 27 May 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair ARJUNARAJ DHANANJAYAN

    DEVARAJJALUNAIDU SATHISHKRISHNAN, SANGAMPALAYAM VEDANAYAGAM KANDASAMI, V BHUVANESHWARI

    No meeting listed in the filing.

  • Stakeholders Relationship Committee

    Chair SANGAMPALAYAM VEDANAYAGAM ALAGAPPAN

    SANGAMPALAYAM KANDASAMI SUNDARARAMAN, DEVARAJJALUNAIDU SATHISHKRISHNAN

    • 23 Sep 20263 of 3 present1 independent · 15 days in between
    • 7 Sep 20263 of 3 present1 independent · 9 days in between
    • 28 Aug 20263 of 3 present1 independent · 45 days in between
    • 13 Jul 20263 of 3 present1 independent

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.

  • VKS AIYER AND COPeer-review certificate valid to Jul 2028

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.

Shiva Texyarn 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.Shiva Texyarn dividend history

Annual general meeting, 27 Aug 2026

7,904 shareholders on the register on 20 Aug 2026; present: 5 promoters and 32 others; votes counted by R DHANASEKARAN / R DHANASEKARAN.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company both the Standalone and Consolidated for the financial year ended 31st March, 2026, the reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.08% · promoters 100.00% · institutions 0.00% · other public 0.15%

  2. To declare dividend on equity shares
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.08% · promoters 100.00% · institutions 0.00% · other public 0.15%

  3. To appoint a Director in the place of Smt. S Sujana Abirami (DIN:06939773) 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 0.02%

    Turnout: all 74.08% · promoters 100.00% · institutions 0.00% · other public 0.15%

  4. To alter the object clause of Memorandum of Association of the company.
    Special
    100.00% for0.00% against

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

    Turnout: all 74.08% · promoters 100.00% · institutions 0.00% · other public 0.15%

  5. To alter and adopt the new set of Articles of Association of the Company as per the Companies Act, 2013.
    Special
    100.00% for0.00% against

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

    Turnout: all 74.08% · promoters 100.00% · institutions 0.00% · other public 0.15%

  6. Ratification of remuneration payable to Sri M Nagarajan, Cost Auditor of the Company.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.08% · promoters 100.00% · institutions 0.00% · other public 0.15%

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, 21 Aug 2025, 6 resolutions

8,367 shareholders on the register on 14 Aug 2025; present: 5 promoters and 33 others; votes counted by R DHANASEKARAN / R DHANASEKARAN.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company both the Standalone and Consolidated for the financial year ended 31st March, 2025, the reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.04% · promoters 100.00% · institutions 0.00% · other public 0.02%

  2. To declare dividend on equity shares
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.04% · promoters 100.00% · institutions 0.00% · other public 0.02%

  3. To appoint a Director in the place of Dr. S V Kandasami (DIN:00002470) who retires by rotation and being eligible, offers himself for re-appointment
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 72.31% · promoters 97.66% · institutions 0.00% · other public 0.02%

  4. Appointment and remuneration to Secretarial Auditor of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.04% · promoters 100.00% · institutions 0.00% · other public 0.02%

  5. To consider and approve the re-appointment of Sri S K Sundararaman as a Managing Director and a Key Managerial Personnel (DIN:00002691) of the Company w.e.f 31.08.2025 and approval of his remuneration
    Special
    100.00% for0.00% against

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

    Turnout: all 72.31% · promoters 97.66% · institutions 0.00% · other public 0.02%

  6. Ratification of remuneration payable to Sri M Nagarajan, Cost Auditor of the Company
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.04% · promoters 100.00% · institutions 0.00% · other public 0.02%

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, 21 Aug 2024, 7 resolutions

Present: 5 promoters and 36 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company both the Standalone and Consolidated for the financial year ended 31st March, 2024, the reports of the Board of Directors and the Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 74.11% · promoters 100.00% · institutions 0.00% · other public 0.29%

  2. To appoint a Director in the place of Sri S V Alagappan (DIN:00002450) who retires by rotation and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 74.11% · promoters 100.00% · institutions 0.00% · other public 0.29%

  3. Modification in terms of appointment of M/s. VKS Aiyer & Co., Chartered Accountants, Statutory Auditor – Revision in remuneration
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 74.11% · promoters 100.00% · institutions 0.00% · other public 0.29%

  4. Appointment of Sri Jayaram Govindarajan (DIN:02178416) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 74.11% · promoters 100.00% · institutions 0.00% · other public 0.29%

  5. Re-appointment of Sri A Dhananjayan (DIN:08043947) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 74.11% · promoters 100.00% · institutions 0.00% · other public 0.29%

  6. Re-appointment of Sri D Satish Krishnan (DIN:00052973) as an Independent Director
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 74.11% · promoters 100.00% · institutions 0.00% · other public 0.29%

  7. Ratification of remuneration payable to Sri M Nagarajan, Cost Auditor of the Company.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.04%

    Turnout: all 74.11% · promoters 100.00% · institutions 0.00% · other public 0.29%

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, 21 Sep 2023, 4 resolutions

Present: 5 promoters and 37 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2023, the reports of the Board of Directors and the Auditors thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.11% · promoters 100.00% · institutions 0.00% · other public 0.28%

  2. To appoint a Director in the place of Smt. S Sujana Abirami (DIN: 06939773) 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 0.00%

    Turnout: all 74.11% · promoters 100.00% · institutions 0.00% · other public 0.28%

  3. Appointment of Smt. V Bhuvaneshwari (DIN:01628512) as an Independent Director.
    Special
    100.00% for0.00% against

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

    Turnout: all 74.11% · promoters 100.00% · institutions 0.00% · other public 0.28%

  4. Ratification of remuneration payable to Sri M Nagarajan, Cost Auditor of the Company.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.11% · promoters 100.00% · institutions 0.00% · other public 0.28%

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, 12 Sep 2022, 6 resolutions

Present: 5 promoters and 37 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2022, the reports of the Board of Directors and the Auditors thereon.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.07% · promoters 100.00% · institutions 0.00% · other public 0.11%

  2. To declare dividend on equity shares.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.07% · promoters 100.00% · institutions 0.00% · other public 0.11%

  3. To appoint a Director in the place of Dr S V Kandasami(DIN:00002470)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 0.00%

    Turnout: all 74.07% · promoters 100.00% · institutions 0.00% · other public 0.11%

  4. To appoint Statutory Auditors of the Company ( Proposal to AppointM/s. VKS Aiyer& Co., Chartered Accountants as Statutory Auditors of the Company for a period of 5 years).
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.07% · promoters 100.00% · institutions 0.00% · other public 0.11%

  5. To Consider And Approve The Re-Appointment Of Sri S K Sundararaman as a Managing Director and a Key Managerial Personnel (Din:00002691) of the Company w.e.f31.08.2022 and approval of his Remuneration.
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 73.68% · promoters 99.47% · institutions 0.00% · other public 0.11%

  6. Ratification of remuneration payable to Sri M Nagarajan, Cost Auditor of the Company.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 74.07% · promoters 100.00% · institutions 0.00% · other public 0.11%

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, 20 Sep 2021, 5 resolutions

Present: 9 promoters and 26 others.The company's voting result (opens in a new tab)

  1. Adoption of Audited Financial Statements of the Company for the financial year ended 31st March 2021, the reports of the Board of Directors and the Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.59%

    Turnout: all 74.06% · promoters 100.00% · institutions 0.00% · other public 0.10%

  2. 2 - Declaration of dividend on equity shares.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.59%

    Turnout: all 74.06% · promoters 100.00% · institutions 0.00% · other public 0.10%

  3. 3 - Appointment of Sri S V Alagappan (DIN:00002450) as a Director liable to retire by rotation.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.59%

    Turnout: all 74.06% · promoters 100.00% · institutions 0.00% · other public 0.10%

  4. 4 - Special Resolution seeking consent of the shareholders of the Company for the partial modification on the remuneration payable to Sri S K Sundararaman, Managing Director (DIN:00002691) of the Company w.e.f 01.04.2021.MoreLess
    SpecialPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.82%

    Turnout: all 73.97% · promoters 99.87% · institutions 0.00% · other public 0.10%

  5. 5 - Ratification of remuneration payable to Sri M Nagarajan, Cost Auditor (Firm Registration No. 102133).
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 4.39%

    Turnout: all 74.06% · promoters 100.00% · institutions 0.00% · other public 0.10%

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, 23 Sep 2020, 4 resolutions

Present: 9 promoters and 37 others.The company's voting result (opens in a new tab)

  1. To receive,consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March,2020,the reports of the Board of Directors and the Auditors thereon.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.16%

    Turnout: all 74.46% · promoters 100.00% · institutions 0.00% · other public 1.62%

  2. To appoint a Director in the place of Smt S Sujana Abirami (DIN:06939773)who retires by rotation and being eligible,offers hereself for re-appointment.
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.16%

    Turnout: all 74.46% · promoters 100.00% · institutions 0.00% · other public 1.62%

  3. Appointment of Sri S Marusamy (DIN:00610091) as a Non-Executive Independent Director of the Company who has attained the age of 75 years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.16%

    Turnout: all 74.46% · promoters 100.00% · institutions 0.00% · other public 1.62%

  4. Ratification of remuneration payable to Sri M Nagarajan Cost Auditors of the Company
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.16%

    Turnout: all 74.46% · promoters 100.00% · institutions 0.00% · other public 1.62%

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, 19 Aug 2019, 8 resolutions

Present: 9 promoters and 99 others.The company's voting result (opens in a new tab)

  1. Adoption of the Audited Financial Statements of the Company for the year ended 31st March, 2019, and the report of the Board of Directors and Auditors thereon
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.77%

    Turnout: all 74.11% · promoters 100.00% · institutions 0.00% · other public 0.33%

  2. Declaration of Dividend on Equity shares
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.45%

    Turnout: all 74.11% · promoters 100.00% · institutions 0.00% · other public 0.33%

  3. Appointment of a Director in the place of Dr S V Kandasami (DIN:00002470) who retires by rotation and being eligible offers himself for reappointment
    OrdinaryPromoters have an interest in it
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.77%

    Turnout: all 74.11% · promoters 100.00% · institutions 0.00% · other public 0.33%

  4. Appointment of Sri A Dhananjayan (DIN:08043947) as an Independent Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.77%

    Turnout: all 74.11% · promoters 100.00% · institutions 0.00% · other public 0.33%

  5. Appointment of Sri D Satish Krishnan (DIN:00052973) as an Independent Director
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.77%

    Turnout: all 74.11% · promoters 100.00% · institutions 0.00% · other public 0.33%

  6. Re-appopintment of Sri K N V Ramani (DIN:00007931) as an Independent Director for a second term of 5 years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.77%

    Turnout: all 74.11% · promoters 100.00% · institutions 0.00% · other public 0.33%

  7. Re-appointment of Sri S Marusamy (DIN:00610091) as an Independent Director for a second term of 5 years
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.77%

    Turnout: all 74.11% · promoters 100.00% · institutions 0.00% · other public 0.33%

  8. Ratification of remuneration payable to Sri M Nagarajan, Cost Auditor (Firm Regd No. 102133)
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.77%

    Turnout: all 74.11% · promoters 100.00% · institutions 0.00% · other public 0.33%

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.

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
No
The chair is related to the managing director
No
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.