Proceedings of the 9th Annual General Meeting held on 30th September, 2025,
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Awaiting price reaction for this filing.
LGT Business Connextions held its 9th AGM on September 30, 2025, via video conferencing, with 12 members and 11 directors in attendance, chaired by Managing Director Wilfred Selvaraj. Six ordinary resolutions were tabled, including adoption of FY25 audited financial statements, re-appointment of two directors (Mr. Singaravelou and Ms. Deepti Mantri), appointment of statutory and secretarial auditors, and approval of related party transactions. The company shared strong FY25 numbers: total income rose to ₹10,080.94 lakhs (vs ₹8,953.07 lakhs in FY24) and PAT grew to ₹521.59 lakhs (vs ₹363.16 lakhs), with ROE of 41.89% and ROCE of 45.19%. Management also outlined its first AGM as a BSE-listed entity (listed August 26, 2025), and announced plans for a 51% stake acquisition in a MICE tours company, a 51% stake in a luxury FIT firm, a new pharma-focused subsidiary, and new offices in Chennai and Coimbatore. The auditor's report had no observations, and consolidated e-voting results will be filed with BSE within two working days.
Routine procedural filing with no negative surprises, but investors should watch the related party transactions resolution outcome and monitor execution of the post-listing growth plan. The strong FY25 financials and clear expansion roadmap are supportive signals for the stock.