Laxmi Goldorna House Limited has submitted the Exchange a copy Srutinizers report of Extraordinary General Meeting held on July 05, 2025. Further, the company has informed the Exchange regarding voting results.
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Laxmi Goldorna House Limited held an Extraordinary General Meeting (EGM) on July 5, 2025, where shareholders approved the Scheme of Amalgamation of Laxmi Infraspace Private Limited with Laxmi Goldorna House Limited through a Special Resolution. Out of the total 2,08,71,900 equity shares, 1,93,17,435 shares (92.55% of paid-up capital) participated in the voting, with all 1,93,17,435 votes cast in favour and zero against. Promoter group holders (1,56,47,400 shares) voted 100% in favour, while public non-institutional shareholders (36,70,035 shares out of 52,24,500 held) voted 70.25% in favour, also with zero dissent. The resolution was passed with the requisite majority as required under Section 233(1)(b) of the Companies Act, 2013, which mandates at least 90% approval for such schemes. Nirav Shah & Associates served as the Scrutinizer for the e-voting and voting process.
The unanimous shareholder approval clears a major regulatory hurdle for the amalgamation of Laxmi Infraspace Private Limited into Laxmi Goldorna House Limited, paving the way for scheme implementation. Shareholders should watch for next steps such as NCLT/regulatory approvals, the effective date of merger, and any share swap ratio or entitlement details.