Lakshmi Finance & Industrial Corporation Limited has informed the Exchange about 101ST Shareholders meeting scrutinizer report form No MGT-13
LFIC · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Lakshmi Finance & Industrial Corporation Limited filed the scrutinizer's report for its 101st Annual General Meeting held on September 27, 2025, in Hyderabad. Six resolutions were put to vote through a combination of remote e-voting (September 24–26, 2025) and poll at the AGM. All six resolutions were passed with the requisite majority, with approximately 96.18% of valid votes cast in favour and only 3.82% against. Total valid votes stood at 801,026 across 108 voting members, with no invalid or abstained votes. Key resolutions included approval of audited financial statements for FY ended March 31, 2025, declaration of a dividend for FY 2024-25, re-appointment of K. Kapil Prasad as Director, appointment of Chalasani Rama Prasad as Independent Director, appointment of K. Harishchandra Prasad as Managing Director, and appointment of Secretarial Auditors.
This is a routine post-AGM regulatory filing confirming that all proposed resolutions, including dividend approval and key board appointments, were passed with overwhelming shareholder support. No negative signals for shareholders; the strong vote in favour reflects broad shareholder confidence in management's proposals.