LMWNSELMW LimitedLowNeutral
Announced Fri, 18 Jul · 16:46 IST

LMW Limited has informed the Exchange regarding Voting results along with the combined Scrutinizer's Report for the 62nd Annual General Meeting of the Company held on 17th July 2025.

Board & Shareholder Meetings View source PDF

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

Price reaction · full curve

Awaiting price reaction for this filing.

AI summary

LMW Limited held its 62nd AGM on 17th July 2025 via video conferencing, where shareholders approved all six resolutions put to vote. The adoption of audited financial statements for FY ended 31 March 2025 and the declaration of dividend were passed unanimously. The re-appointment of Sri. Jaidev Jayavarthanavelu as Director was passed with 99.54% assent (0.46% dissent). The appointment of MDS & Associates LLP as Secretarial Auditors for a five-year term from FY 2025-26, and the ratification of Cost Auditor remuneration for FY 2025-26, were also passed unanimously. Approval for material related party transactions with Lakshmi Electrical Control Systems Limited passed with 97.93% assent. Mr. M D Selvaraj of MDS & Associates LLP served as Scrutinizer.

Likely market impact

All resolutions were approved, confirming smooth governance with strong shareholder support. The confirmed dividend declaration is the key positive for shareholders, while the related-party transaction approval with Lakshmi Electrical Control Systems Limited reinforces existing group-level business arrangements. Minimal dissent across resolutions suggests no material shareholder concerns.