Laxmi Goldorna House Limited has informed the Exchange regarding 'Appointment of M/s. MJV & CO. Chartered Accountants (FRN: 131600W) as internal Auditors'.
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Laxmi Goldorna House Limited held a board meeting on January 6, 2026, and approved several items. The company appointed M/s. MJV & CO. Chartered Accountants (FRN: 131600W) as its internal auditor for FY 2025-26. Mr. Dhaval Parekh, who already serves as the Company Secretary, was additionally appointed as Chief Financial Officer (CFO) from the same date, an internal elevation rather than an external hire. The board also approved material related party transactions involving borrowings/loans from promoter Mr. Jayeshkumar Chinulal Shah and promoter Mrs. Rupalben Jayeshkumar Shah, both subject to shareholder approval via postal ballot. A scrutinizer, M/s Nirav Shah & Associates, was appointed to oversee the postal ballot process.
For shareholders, the CFO appointment from within is a continuity signal, while the promoter loans will need their approval through a postal ballot. The stock may see limited immediate impact, though the reliance on promoter funding suggests the company is leveraging internal sources for its financing needs.