Board Meeting29 May 2026, 09:34 pm
Kovilpatti Lakshmi Re-appoints Sharath Jagannathan as CMD
AI Summary
Kovilpatti Lakshmi Roller Flour Mills Ltd's Board of Directors has approved the re-appointment of Sri. Sharath Jagannathan (DIN: 07298941) as Chairman and Managing Director for a further period of 3 years effective from January 25, 2027, to January 24, 2030, subject to shareholder approval at the upcoming Annual General Meeting. The board also approved audited financial results for the quarter and year ended March 31, 2026, recommended a dividend of Re.1/- per equity share, and re-appointed a Cost Auditor and Internal Auditors for the financial year 2026-27.
Key Highlights
- Sharath Jagannathan re-appointed as Chairman and Managing Director for 3 years, effective January 25, 2027.
- Board approved audited financial results for the quarter and year ended March 31, 2026.
- Dividend of Re.1/- per equity share recommended for the financial year ended March 31, 2026.
- M/s P Mohan Kumar & Co re-appointed as Cost Auditor for the Engineering division for FY 2026-27.
- M/s BM & Associates appointed/re-appointed as Internal Auditors for various divisions for FY 2026-27.
Price Impact
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