Lancor Holdings Limited has informed the Exchange regarding Proceedings of Annual General Meeting held on September 23, 2025
LANCORHOL · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Lancor Holdings held its 40th AGM on September 23, 2025, via video conferencing, where all five business items in the notice were transacted. Shareholders considered the standalone and consolidated financial statements for FY ended March 31, 2025, and the re-appointment of Mr. S. Sridharan (a director retiring by rotation) was on the agenda. A final dividend of Rs. 0.20 per equity share was proposed for FY 2024-25. M/s. Mohan Kumar & Associates was appointed as Secretarial Auditor for a 5-year term (FY 2025-26 to FY 2029-30), and the remuneration of M/s. BY & Associates as Cost Auditor for FY 2025-26 was ratified. The Chairman expressed confidence that the company's performance would improve further in the current year. Formal e-voting results will be submitted to the stock exchanges within the stipulated time.
The Rs. 0.20 per share dividend is a small payout, but the meeting was largely procedural with no major strategic surprises. Investors should watch for the formal e-voting results and any post-meeting commentary on expansion plans mentioned by the Chairman, which could be a mild positive signal for the stock.