GYFTR · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
LKP Finance's board met on April 3, 2025 and approved several major items. The company will shift its registered office from Maharashtra to Haryana and move its books-of-accounts address from Nariman Point, Mumbai to Pitampura, New Delhi, both pending shareholder approval. The board also cleared an application to list the company's equity shares on NSE, where it is currently only listed on BSE (Scrip Code: 507912). Ms. Meenu Sharma was appointed as an Additional Independent Director for 5 years, and four board committees (Audit, Nomination & Remuneration, Stakeholder Relationship, CSR) were reconstituted. Additionally, the board approved higher borrowing limits under Section 180, powers for loans/investments/guarantees under Sections 185 and 186, related-party transactions under Section 188, and a Postal Ballot notice to seek shareholder approval for these items.
The shift to Haryana/New Delhi, possible NSE listing, and expanded borrowing/investment powers suggest the company is restructuring for future growth and broader investor access. Shareholders will need to approve most of these changes via Postal Ballot. A potential NSE listing could improve liquidity and visibility of the stock.