Laxmi Goldorna House Limited has informed the Exchange about proceedings of the Meeting of the unsecured creditors of the Company
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Awaiting price reaction for this filing.
Laxmi Goldorna House Limited held a meeting of its unsecured creditors on 5th July 2025 at 3:00 PM at its corporate office in Ahmedabad, which concluded at 3:45 PM. The single special business item discussed was the approval of a Scheme of Amalgamation of Laxmi Infraspace Private Limited (a related party) with Laxmi Goldorna House Limited and their respective creditors and shareholders, requiring a special resolution. Remote e-voting was open from 30th June to 4th July 2025, and the scrutinizer's report on voting results is expected within two working days, after which it will be shared with the stock exchanges and uploaded on the company's website.
This is a procedural step in the company's amalgamation plan with its group entity Laxmi Infraspace Private Limited. Once voting results are declared and the scheme receives necessary approvals (including NCLT sanction), it could simplify the group structure, but the immediate stock impact is likely limited as this was largely a regulatory formality.