32nd AGM held; dividend declared, director re-appointments approved
LAMBODHARA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
On the reaction day the stock moved 6.9 pts less than Nifty Microcap 250 and 7.2 pts less than its Other Textile Products peers, over the same two closes: a difference in percentage points, not a measure of what the filing did.
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Lambodhara Textiles held its 32nd AGM on 29 Sep 2026 via video conferencing, with 34 members representing 37,18,576 shares attending. Resolutions passed include adoption of FY26 audited financial statements, declaration of dividend, re-appointment of Mr. Baba Chandrasekhar Ramakrishnan as Director by rotation, approval of material related party transactions with Strike Right Integrated Services, re-appointment of three Whole-time Directors (Mrs. Bosco Giulia, Mr. Narayanasamy Balu, Mr. Nishanth Balu) with remuneration, ratification of Cost Auditor remuneration for FY27, and appointment of SSMN and Associates LLP as Secretarial Auditors. Audit and Secretarial Audit reports contained no qualifications. Voting results to be declared within 2 working days.
Routine AGM business. Dividend declaration is a positive signal for shareholders. Related party transaction and director remuneration approvals are governance matters to watch.