LAXMIINDIABSELAXMI INDIA FINANCE LTDMediumNeutral
Announced Fri, 18 Sept, 2026 · 16:45 IST

V.M. & Associates appointed as Secretarial Auditor for 5-year term

LAXMIINDIA · price

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

Price reactionminutes from the announcement price · days from the prior close
-2.2%Reaction day
₹127.30
prior close
₹125.10
announcement price
After-mkt
timing
Nifty Microcap 250market · in no size index; the smallest one is used-0.1%-2.1% vs market

On the reaction day the stock moved 2.1 pts less than Nifty Microcap 250, over the same two closes: a difference in percentage points, not a measure of what the filing did.

Minutes after the announcementfrom the announcement price · no benchmark
Stock
5m
+0.9
10m
+1.0
15m
+0.8
30m
+0.7
Sessions after the filingfrom the prior close
StockMarketvs market
Reaction day
-2.2-0.1-2.1
Next day
-3.3+0.3-3.5
2d
-1.4+1.6-3.0
3d
-4.9+0.1-5.0
4d
-4.9+0.3-5.2
5d
-7.6-1.2-6.3
1w
-4.7-0.5-4.2
15d
-13.7-2.2-11.5
1m
-19.9-6.6-13.3
2m
———
3m
———
UpDownMarket · Nifty Microcap 250Pending

Minute windows have no benchmark: there is no intraday index history to compare against.

AI summary

Shareholders of Laxmi India Finance approved the appointment of M/s V.M. & Associates, a peer-reviewed firm of Practicing Company Secretaries with over three decades of experience, as Secretarial Auditors. The appointment covers a first term of five consecutive years from April 1, 2026 to March 31, 2031, and was approved at the 29th Annual General Meeting held on September 16, 2026. The firm specialises in secretarial audits, due diligence, IPOs, and compliance advisory under company law, SEBI, FEMA and RBI regulations.

Likely market impact

Routine governance compliance appointment under SEBI rules; no material impact on shareholders or stock price expected.