Announcement under Regulation 30 (LODR)- Change in Corporate Office Address
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LKP Finance Ltd's board, at its meeting on April 3, 2025, approved several major decisions. The company will shift its registered office from Maharashtra to Haryana, subject to shareholder approval, and move its books-of-accounts location from Nariman Point, Mumbai to Pitampura, New Delhi. The board also approved applying for listing of its equity shares on the National Stock Exchange (NSE), in addition to its existing BSE listing (Scrip Code: 507912). Ms. Meenu Sharma, a Company Secretary with 7 years of experience, was appointed as an Additional Independent Director for 5 years. The board also reconstituted four key committees — Audit, Nomination & Remuneration, Stakeholder Relationship, and CSR — and approved enhanced borrowing limits under Section 180, loan/investment powers under Sections 185 and 186, related party transactions under Section 188, and a postal ballot notice, all subject to shareholder approval.
The shift to Haryana, NSE listing application, and expanded borrowing/investment powers suggest the company is restructuring for growth and broader market access, which could improve liquidity and visibility for shareholders. The new independent director and reconstituted committees strengthen governance, though all major decisions remain pending shareholder approval via postal ballot.