Annual Report FY 2025-26 filed with BSE; 15th AGM on July 17
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Laxmipati Engineering Works filed its Annual Report for FY 2025-26 with BSE. The Surat-based company operates in ship building, heavy engineering, fabrication and ship repair, with a Palsana workshop covering 45,000 sq m and 400-plus staff. Key clients include L&T, Adani Ports, AM/NS and Sulzer India. Chairman reports exceptional financial performance with substantial growth in revenue and profitability. The 15th AGM is scheduled for July 17, 2026 via video conferencing, and a special resolution seeks to raise the company borrowing limit to Rs 200 crores.
Annual Report now available for review; shareholders will vote on a higher Rs 200 cr borrowing cap at the July 17 AGM, which may lead to more debt on the books.