Suryalakshmi Cotton Mills logo

Suryalakshmi Cotton Mills MD, chairman, board of directors and AGM

NSE: SURYALAXMIBSE: 521200Textiles & ApparelsSmall Cap

Last close ₹48.16down ₹2.85 (5.59%)BSE ₹48.52

Share price at the NSE close on 23 Oct 2026. Previous close ₹51.01.

52-week range of traded prices to 23 Oct 2026
₹43.00Low, 30 Mar 2026₹67.70High, 24 Jun 2026
Market cap
₹91 Cr2,865th largest listed
P/E
22.6
P/B
0.3
Dividend yield
Nonein the last 12 months
ROE
1.5%
ROCE
4.8%
Debt to equity
0.95
Volume, NSE
23,72956.1% delivered

Suryalakshmi Cotton Mills 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 directorL. N. AGARWAL
  • Managing directorPARITOSH AGARWAL
  • Company Secretary and Compliance OfficerE. V. S. V. Sarma

6 directors3 independent2 executive1 non-executive

  • L. N. AGARWAL · Chairperson and managing directorExecutive · joined Aug 1962 · reappointed Jun 2024 · 1 listed board
  • PARITOSH AGARWAL · Managing directorExecutive · joined Sep 1994 · reappointed Jun 2025 · 1 listed board · 1 committee seat
  • R. SURENDER REDDYNon-executive · joined May 2024 · reappointed Aug 2024 · 1 listed board · 1 committee seat
  • DHRUV VIJAI SINGHIndependent · joined May 2015 · reappointed Jul 2021 · 119 months as independent · 1 listed board · 1 as independent · 1 committee seat, 1 as chair
  • ARUNA PRASADIndependent · joined Feb 2021 · reappointed Aug 2024 · 22 months as independent · 1 listed board · 1 as independent · 2 committee seats, 1 as chair
  • BALAJI MALAPALLY CHOWDA REDDYIndependent · joined Dec 2024 · reappointed Dec 2024 · 18 months as independent · 1 listed board · 1 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.

1 director who left
  • ARVIND SADASHIV MOKASHI, left 25 Dec 2024: Others

Committees and meetings

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

  • Board

    • 25 May 20265 of 6 present3 independent · 102 days in between
    • 11 Feb 20266 of 6 present3 independent

  • Audit Committee

    Chair DHRUV VIJAI SINGH

    ARUNA PRASAD, R. SURENDER REDDY, BALAJI MALAPALLY CHOWDA REDDY

    • 25 May 20263 of 4 present3 independent · 102 days in between
    • 11 Feb 20264 of 4 present3 independent

  • Nomination and remuneration committee

    Chair DHRUV VIJAI SINGH

    ARUNA PRASAD, BALAJI MALAPALLY CHOWDA REDDY

    • 25 May 20263 of 3 present3 independent · 102 days in between
    • 11 Feb 20263 of 3 present3 independent

  • Stakeholders Relationship Committee

    Chair ARUNA PRASAD

    BALAJI MALAPALLY CHOWDA REDDY, PARITOSH AGARWAL

    No meeting listed in the filing.

  • Risk Management Committee

    Chair PARITOSH AGARWAL

    SIDDHANT SHARMA, R. L. NARAYANA, SANTOSH KUMAR AGARWAL

    No meeting listed in the filing.

  • Corporate Social Responsibility Committee

    Chair DHRUV VIJAI SINGH

    L. N. AGARWAL, PARITOSH AGARWAL

    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.

  • M/s. Brahymayya & 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.

Suryalakshmi Cotton 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.Suryalakshmi Cotton Mills dividend history

Annual general meeting, 30 Sep 2026

9,424 shareholders on the register on 23 Sep 2026; present: 7 promoters and 45 others; votes counted by K. V. CHALAMA REDDY / K V C REDDY & ASSOCIATES.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited financial statement of Profit and Loss for the year ended 31 March, 2026 and audited Balance Sheet as on that date and the reports of the Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 62.97% · promoters 99.99% · institutions 0.00% · other public 5.48%

  2. To appoint a Director in place of Sri Paritosh Agarwal (DIN: 00008738), who retires by rotation at this Annual General Meeting and being eligible, offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 62.97% · promoters 99.99% · institutions 0.00% · other public 5.48%

  3. Ratification of the Remuneration of Cost Auditor
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 62.97% · promoters 99.99% · institutions 0.00% · other public 5.48%

  4. Appointment of Sri Venkata Phani Kiran Kumar Immaneni (DIN: 11737207) as a Non-executive Independent Director of the Company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 62.97% · promoters 99.99% · institutions 0.00% · other public 5.48%

  5. Ratification and authorisation for creation of mortgage, charge and security interest on the assets of the company.
    Special
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.08%

    Turnout: all 62.97% · promoters 99.99% · institutions 0.00% · other public 5.48%

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 2025, 5 resolutions

10,286 shareholders on the register on 23 Sep 2025; present: 3 promoters and 52 others; votes counted by K.V. Chalama Reddy / K V C Reddy & Associates.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited financial statement of Profit and Loss for the year ended 31st March, 2025 and audited Balance Sheet as on that date and the reports of the Directors and Auditors thereon.MoreLess
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.31%

    Turnout: all 62.77% · promoters 99.99% · institutions 0.00% · other public 4.78%

  2. To appoint Sri. R. Surender Reddy (DIN – 00083972) who retires by rotation as a Director and being eligible offers himself for re-appointment.
    Ordinary
    100.00% for0.00% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.17%

    Turnout: all 62.77% · promoters 99.99% · institutions 0.00% · other public 4.78%

  3. To approve re-appointment of Sri. Paritosh Agarwal (DIN – 00008738) as a Managing Director.
    SpecialPromoters have an interest in it
    99.66% for0.34% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.34%

    Turnout: all 1.84% · promoters 0.00% · institutions 0.00% · other public 4.78%

  4. To appoint the Secretarial Auditors of the Company.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 62.77% · promoters 99.99% · institutions 0.00% · other public 4.78%

  5. Ratification of the remuneration of Cost Auditor.
    Ordinary
    99.99% for0.01% against

    Against: promoters 0.00% · institutions 0.00% · other public 0.34%

    Turnout: all 62.77% · promoters 99.99% · institutions 0.00% · other public 4.78%

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, 15 Dec 2024, 1 resolution

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

  1. Appointment of Dr. Malapally Chowda Reddy Balaji (DIN-06964971), aged 57, as a Non-Executive Independent Director
    Special
    100.00% for0.00% against

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

    Turnout: all 59.12% · promoters 95.32% · institutions 0.00% · other public 2.69%

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, 22 Aug 2024, 6 resolutions

Present: 7 promoters and 64 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited statement of Profit and Loss for the year ended 31st March, 2024 and Audited balance sheet as on that date and the reports of the Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 62.79% · promoters 99.99% · institutions 0.00% · other public 4.82%

  2. To approve appointment of Sri. R. Surender Reddy (DIN - 00083972) as a Director who retires by rotation and who being eligible, offers himself for reappointment.
    Special
    100.00% for0.00% against

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

    Turnout: all 62.79% · promoters 99.99% · institutions 0.00% · other public 4.82%

  3. To appoint Sri L. N. Agarwal (DIN - 00008721) as Chairman & Managing Director
    SpecialPromoters have an interest in it
    100.00% for0.00% against

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

    Turnout: all 1.87% · promoters 0.00% · institutions 0.00% · other public 4.82%

  4. To appoint Smt Aruna Prasad (DIN - 07164087) as an Independent Director
    Special
    100.00% for0.00% against

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

    Turnout: all 62.79% · promoters 99.99% · institutions 0.00% · other public 4.82%

  5. Ratification of creation of mortgage
    Special
    100.00% for0.00% against

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

    Turnout: all 62.79% · promoters 99.99% · institutions 0.00% · other public 4.82%

  6. Ratification of remuneration of cost auditor
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 62.79% · promoters 99.99% · institutions 0.00% · other public 4.82%

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, 5 resolutions

Present: 7 promoters and 71 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the Audited Statement of Profit and Loss for theyear ended 31st march, 2023 and Audited Balance Sheet as on that date and the reports of the Directors and Auditors thereonMoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 62.97% · promoters 99.99% · institutions 0.00% · other public 5.28%

  2. To appoint a Director in place of Sri Paritosh Agarwal, Director (DIN: 00008738) who retires by rotation and who being eligible, offers himself for reappointment
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 62.97% · promoters 99.99% · institutions 0.00% · other public 5.28%

  3. Authorize creation of mortgage
    Special
    100.00% for0.00% against

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

    Turnout: all 62.97% · promoters 99.99% · institutions 0.00% · other public 5.28%

  4. Appointment of Sri Arvind Sadashiv Mokashi as an Independent Director
    Special
    100.00% for0.00% against

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

    Turnout: all 62.97% · promoters 99.99% · institutions 0.00% · other public 5.28%

  5. Ratification of Remuneration of Cost Auditor
    Special
    100.00% for0.00% against

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

    Turnout: all 62.97% · promoters 99.99% · institutions 0.00% · other public 5.28%

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, 30 Jul 2022, 5 resolutions

Present: 7 promoters and 75 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited statement of Profit and Loss for the year ended 31st March, 2022 and audited Balance Sheet as on that date and the reports of the Directors and Auditors thereon.MoreLess
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 47.97% · promoters 73.62% · institutions 0.00% · other public 8.02%

  2. To appoint a Director in place of Smt. Aruna Prasad, Director (DIN 07164087) who retires by rotation and who, being eligible, offers herself for reappointment.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 47.97% · promoters 73.62% · institutions 0.00% · other public 8.02%

  3. To appoint M/s. Brahmayya & Co., Chartered Accountants as Statutory Auditor of the Company and to fix their Remuneration.
    Ordinary
    100.00% for0.00% against

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

    Turnout: all 47.97% · promoters 73.62% · institutions 0.00% · other public 8.02%

  4. To approve the Borrowing Limits
    Special
    100.00% for0.00% against

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

    Turnout: all 47.97% · promoters 73.62% · institutions 0.00% · other public 8.02%

  5. Ratification of the Remuneration of Cost Auditor
    Special
    100.00% for0.00% against

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

    Turnout: all 47.97% · promoters 73.62% · institutions 0.00% · other public 8.02%

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.

Extraordinary general meeting, 2 Mar 2022, 1 resolution

Present: 6 promoters and 50 others.The company's voting result (opens in a new tab)

  1. Issue of Equity share warrants to Promoters of the Company on Preferential basis
    Special
    100.00% for0.00% against

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

    Turnout: all 40.67% · promoters 67.59% · institutions 0.00% · other public 6.54%

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 2021, 6 resolutions

Present: 6 promoters and 49 others.The company's voting result (opens in a new tab)

  1. To receive, consider and adopt the audited statement of Profit and Loss for the year ended 31st March, 2021 and audited Balance Sheet as on that date and the reports of the Directors and Auditors thereon.MoreLess
    Ordinary
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.18%

    Turnout: all 40.01% · promoters 67.59% · institutions 0.00% · other public 5.04%

  2. Reappointment of Sri.Paritosh Agarwal, Managing Director,as a Director liable to retire by rotation
    Ordinary
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.18%

    Turnout: all 40.01% · promoters 67.59% · institutions 0.00% · other public 5.04%

  3. Appointment of Smt. Aruna Prasad as a Director liable to Retire by rotation
    Ordinary
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.18%

    Turnout: all 40.01% · promoters 67.59% · institutions 0.00% · other public 5.04%

  4. Reappointment of Sri Dhruv Vijai Singh as an Independent Director for a second period of 5 years
    Special
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.18%

    Turnout: all 40.01% · promoters 67.59% · institutions 0.00% · other public 5.04%

  5. Mortgage in favour of SBI CAP Trustee Ltd
    Special
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.19%

    Turnout: all 40.01% · promoters 67.59% · institutions 0.00% · other public 5.04%

  6. Ratification of remuneration of Cost Auditor
    Special
    99.88% for0.12% against

    Against: promoters 0.00% · institutions 0.00% · other public 2.19%

    Turnout: all 40.01% · promoters 67.59% · institutions 0.00% · other public 5.04%

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
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.