Shiva Mills Limited — Others, 21-08-2025: Shareholders meeting

Shiva Mills has concluded its 10th Annual General Meeting. Shareholders adopted the audited financial statements for the fiscal year ended March 31, 2025, and re-appointed Sri S K Sundararaman as a Director. Key approvals included modifying the minimum remuneration for the Managing Director and Joint Managing Director, each set at 0.36 Cr annually in basic salary, payable even during periods of inadequate profits. This aligns executive compensation with new terms. Additionally, a secretarial auditor was appointed for five years, and the 0.01 Cr remuneration for the cost auditor for the upcoming fiscal year was ratified.