Announced Tue, 6 Jan · 19:21 IST

Laxmi Goldorna House Limited has informed the Exchange regarding Appointment of Mr Dhaval Parekh as Chief Financial Officer of the company w.e.f. January 06, 2026.

Management Changes View source PDF

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▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

Laxmi Goldorna House Limited's Board, at its meeting on January 6, 2026, approved the appointment of Mr. Dhaval Parekh as Chief Financial Officer with immediate effect; he will continue to hold the Company Secretary role as well. The Board also appointed M/s. MJV & Co. Chartered Accountants (FRN: 131600W) as the Internal Auditor for FY 2025-26. Additionally, the Board approved material related party transactions involving borrowings/loans from Mr. Jayeshkumar Chinulal Shah and Mrs. Rupalben Jayeshkumar Shah, both Promoters of the company, subject to shareholder approval via a Postal Ballot. M/s Nirav Shah & Associates was appointed as Scrutinizer to oversee the postal ballot process. Mr. Dhaval Parekh is a qualified Company Secretary with over 8 years of experience in secretarial, accounts, and finance matters.

Likely market impact

The dual role of CFO and Company Secretary for Mr. Parekh may raise governance concerns among investors, while the promoter-led related party borrowings (subject to shareholder vote) indicate continued promoter financial support but warrant shareholder attention.