Southern Magnesium and Chemicals Lt logo

Southern Magnesium and Chemicals Lt MD, chairman, board of directors and AGM

BSE: 513498Minerals & MiningSmall Cap

Last close ₹70.50₹0.00 (0.00%)

Share price at the BSE close on 23 Oct 2026. Previous close ₹70.50.

52-week range of traded prices to 23 Oct 2026
₹61.15Low, 30 Mar 2026₹131.40High, 31 Oct 2025
Market cap
₹21 Cr3,984th largest listed
P/E
Lossover the last 12 months
P/B
1.6
Dividend yield
Nonein the last 12 months
ROE
−2.1%
ROCE
−1.9%
Debt to equity
0.36
Volume, BSE
670

Statutory auditor

Named in the results for the quarter to Mar 2026.

  • M/s Brahmayya & Co.Peer-review certificate valid to Feb 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.

Southern Magnesium and Chemicals Lt 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.Southern Magnesium and Chemicals Lt share news and announcements

Annual general meeting, 30 Sep 2026

6,221 shareholders on the register on 23 Sep 2026; present: 5 promoters and 78 others; votes counted by CS MOHIT KUMAR GOYAL / D HANUMANTA RAJU & CO.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Financial Statements of the Company including Balance Sheet as at 31st March 2026, Statement of Profit & Loss for the year and Cash Flow Statement for the year ended on that date together with the Schedules and Notes attached thereto, along with the Reports of Auditors and Directors thereon.MoreLess
    Ordinary
    67.04% for32.96% against

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

    Turnout: all 34.13% · promoters 42.76% · institutions 100.00% · other public 2.91%

  2. To appoint a Director in place of Mr. Nuthakki Rajender Prasad (DIN: 00145659), who retires by rotation in terms of Section 152(6) of the Companies Act, 2013 and being eligible, offers himself for re-appointment.MoreLess
    OrdinaryPromoters have an interest in it
    67.04% for32.96% against

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

    Turnout: all 34.13% · promoters 42.76% · institutions 100.00% · other public 2.91%

  3. Change in designation of Mr. Nuthakki Rajender Prasad (DIN: 00145659) from Joint Managing Director & CFO to Managing Director and CFO
    SpecialNot passedRecorded as not passed although most votes were for it; no reason is givenPromoters have an interest in it
    67.04% for32.96% against

    Against: promoters 0.00% · institutions 100.00% · other public 0.04%

    Turnout: all 34.13% · promoters 42.76% · institutions 100.00% · other public 2.91%

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.