The Notice of the 115th Annual General Meeting to be held on Friday, the 12th September 2025 at 12.05PM Indian Standard Time ("IST") through Video Conferencing ("VC")/Other Audio Visual ....
Price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
The Lakshmi Mills Company Limited has issued notice for its 115th AGM to be held on Friday, 12th September 2025 at 12:05 PM IST via Video Conferencing/OAVM. Shareholders will consider adoption of the audited financial statements for the year ended 31st March 2025, with no dividend recommended by the Board. The notice includes re-appointment of Sri Aditya Krishna Pathy as a Director retiring by rotation, his re-appointment as Deputy Managing Director for 3 years (salary of ₹6.50 lakh per month with ₹75,000 annual increment plus 1% commission on net profits), appointment of Smt Priya Bhansali as Independent Director for 5 years, and appointment of M/s. MDS & Associates LLP as Secretarial Auditors for 5 years from FY 2025-26. Cost Auditor remuneration for FY 2025-26 is also being ratified at ₹1,50,000. E-voting via NSDL runs from 9th September to 11th September 2025, with cut-off date of 5th September 2025.
No dividend declaration is disappointing for income-focused shareholders. The resolutions are largely routine governance items — director re-appointments, auditor appointments, and managerial remuneration — with no contentious corporate actions such as fund-raising or related-party transactions on the agenda.