Appointment of M/s V.M. & Associates as Secretarial Auditors of the Company for a period of five (5) consecutive years commencing from April 01, 2026 to March 31, 2031, subject to further ....
LAXMIINDIA · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Laxmi India Finance Limited reported audited financial results for Q4 and FY ended March 31, 2026. Total income stood at Rs. 31,959.01 lakhs vs Rs. 24,803.77 lakhs in the prior year, with profit after tax at Rs. 4,975.74 lakhs vs Rs. 3,600.44 lakhs in FY25 — a year-on-year growth driven by strong expansion in the loan portfolio. The Board also approved appointment of M/s V.M. & Associates as Secretarial Auditors for a five-year term from April 1, 2026 to March 31, 2031 (subject to shareholder approval), and appointed Mr. Yogesh Garg as Vice President – HR, forming part of Senior Management Personnel. Additionally, the Board approved a limit of up to Rs. 400 crores for issuance of Non-Convertible Debentures on private placement basis. Net worth stands at Rs. 46,468.58 lakhs, with a debt-to-equity ratio of 2.88x and CRAR at 26.12%.
The company delivered strong double-digit growth in revenue and profitability for FY26, supported by loan book expansion following its IPO in August 2025. The appointment of secretarial auditors and a senior HR official reflects routine governance strengthening. The Rs. 400 crore NCD limit provides flexibility for future borrowing.