Notice of 08th AGM of the Company
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Dr Lalchandani Labs Ltd has issued the notice for its 8th AGM scheduled for Tuesday, September 30, 2025 at 3:00 PM in New Delhi. Seven resolutions are on the agenda, including routine items like adoption of FY25 audited financials and re-appointment of Managing Director Mr. Arjan Lalchandani (DIN: 07014579), who holds 26.56% of the company's shares. Other key items include the appointment of M/s. Chauhan Pradeep & Associates as Secretarial Auditors for a 5-year term (FY26 to FY30), re-appointment of Mr. Mohit Lalchandani as Whole Time Director for another 5 years at a remuneration of Rs. 14.40 lakh per annum, and appointment of Mr. Mohan Lal Gandhi (aged 70+) as Independent Director for 5 years. A notable resolution seeks to increase the authorised share capital from Rs. 4.5 crore (45 lakh equity shares) to Rs. 11 crore (1.10 crore equity shares), a jump of about 144%, along with a corresponding amendment to the Memorandum of Association. The record date/cut-off date for e-voting eligibility is September 23, 2025.
The significant jump in authorised capital (from Rs. 4.5 Cr to Rs. 11 Cr) is the most material item and signals likely future fundraising, a stock split, bonus issue, or equity-based acquisitions, which could lead to share dilution later. The board remains promoter-family dominated with related-party appointments, which shareholders should weigh when voting.