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Incorporated in 1996, Salona Cotspin Ltd manufactures and sells Textiles
Salona Cotspin shareholders will have their 32nd Annual General Meeting at 11 AM via VC/OAVM. The Annual Report 2025-26 web-link has been dispatched to members without registered emails. The company also urged investors to update their KYC details and dematerialize physical shares.
Salona Cotspin approved Q1 results with Revenue at 45.47 Cr and Net Profit at 2.26 Cr. Board changes include Mr. Raghav Agarwal's recategorization to Executive Director and Mr. Shanmugam R M's appointment as Independent Director. An AGM is scheduled.
Company's board approved key leadership changes: Mr. Manoj Kumar Jhajharia is now Managing Director, and Mr. Shyam Lal Agarwala is Chairman & Director. These moves signal a refreshed strategic focus.
Salona Cotspin's board authorized MD Mr. Manoj Kumar Jhajharia to determine event materiality and manage stock exchange disclosures, streamlining corporate communication for investors.
Company notifies physical shareholders to update mandatory KYC details (PAN, bank, contact, signature). This ensures continued electronic dividend payments; non-compliance will halt payouts. Shareholders are also encouraged to dematerialize shares.