Lords Chloro Alkali Limited has informed the Exchange about General Updates on Book Closure
LORDSCHLO · price
▲ positive · ▼ negative · ● neutral filings · teal = economic event · numbered = multiple that day (click to pick). Times IST.
Awaiting price reaction for this filing.
Lords Chloro Alkali has notified the 46th Annual General Meeting to be held on Monday, September 22, 2025 at 11:30 AM at its registered office in Alwar, Rajasthan. The Register of Members and Share Transfer Books will remain closed from September 16 to September 22, 2025, with September 15, 2025 set as the cut-off date for e-voting eligibility. Remote e-voting will run from September 18 (9:00 AM) to September 21, 2025 (5:00 PM) via NSDL. Key special business includes a proposal to raise the borrowing limit to Rs. 500 crore and approval for raising up to Rs. 300 crore through a Qualified Institutions Placement (QIP) of equity shares or convertible securities. Other items include reappointment of Ms. Srishti Dhir, ratification of cost auditor remuneration, appointment of SSPK & Co. as Secretarial Auditors for 5 years, and reappointment of Mr. Sandeep Singh as Independent Director for a second 5-year term.
The QIP proposal of up to Rs. 300 crore carries potential equity dilution for existing shareholders, while the increased borrowing limit of Rs. 500 crore signals possible expansion or capex plans that could raise debt levels. Shareholders should review the resolutions carefully and exercise their voting rights through the September 18-21 e-voting window.