Lakshmi Finance & Industrial Corporation Limited has informed the Exchange about Shareholders meeting PROCEEDINGS OF 101ST AGM OF THE COMPANY
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Lakshmi Finance & Industrial Corporation Limited held its 101st AGM on 27 September 2025 in Hyderabad, chaired by Dr. D. Nageswara Rao, with attendance from 9:30 AM to around 10:20 AM. E-voting was open from 24 August to 26 August 2025, with a ballot facility also provided at the venue, and Smt. N Madhavi acted as Scrutinizer. Six resolutions were taken up, including adoption of audited financial statements for FY ending 31 March 2025, declaration of a dividend of Rs. 3.00 per share for FY 2024-25, re-appointment of a retiring director, appointment of a new Independent Director (Sri Chalasani Ramaprasad), and re-appointment of Sri K. Harishchandra Prasad as Managing Director. The scrutinizer's combined voting report was to be submitted within 48 hours. This is a routine procedural filing under SEBI LODR Regulation 30 disclosing the conduct and business of the AGM.
The Rs. 3.00 per share dividend declaration is the main tangible benefit for shareholders from this AGM. Continuation of the existing Managing Director and the addition of a new Independent Director signal board stability, with no disruptive changes announced.