Laxmi Goldorna House Limited has informed the Exchange regarding Board meeting held on January 06, 2026.
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The board of Laxmi Goldorna House Limited met on January 6, 2026 and approved several items. It appointed M/s. MJV & Co. Chartered Accountants (FRN: 131600W) as the Internal Auditor for FY 2025-26. It approved material related party transactions involving borrowings/loans from promoter Mr. Jayeshkumar Chinulal Shah and from Mrs. Rupalben Jayeshkumar Shah, subject to shareholder approval via postal ballot. The existing Company Secretary, Mr. Dhaval Parekh, was elevated to the additional role of Chief Financial Officer (CFO) effective January 6, 2026. A postal ballot notice and scrutinizer (M/s Nirav Shah & Associates) were also approved to seek shareholder consent for the related party transactions.
The company is raising loans from its promoters, which is a routine funding route for smaller companies but requires shareholder approval due to its related-party nature. The dual role of CFO and Company Secretary held by Mr. Dhaval Parekh may raise governance questions for some investors, though it is not uncommon in small-cap firms. No major positive or negative trigger for the stock from these routine board decisions.