Announced Sat, 28 Mar · 15:11 IST

As per the provisions of the Companies Act, 2013 and Regulation 44 of SEBI (LODR) Regulations 2015, the Company had provided facility for remote e-voting to the shareholders to cast their ....

Board & Shareholder Meetings View source PDF

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+0.1%1-day move
₹7271.00
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AI summary

Lakshmi Mills Company Limited conducted a postal ballot (remote e-voting) from February 25, 2026 to March 26, 2026, on a special resolution to re-appoint and approve remuneration for Sri Sundaram Pathy (DIN: 00013899) as Managing Director. E-voting was facilitated through NSDL, and the scrutiniser B. Krishnamoorthi, Chartered Accountant, oversaw the process and unblocked votes on March 27, 2026. Out of 5,397 eligible shareholders, the resolution was declared as passed with the requisite majority. The scrutiniser's report was countersigned by Sri S. Pathy, Chairman and Managing Director.

Likely market impact

Sri Sundaram Pathy has been confirmed as Managing Director with approved remuneration, providing leadership continuity for shareholders. The postal ballot process was completed smoothly with the special resolution cleared, reflecting shareholder support for the existing management.