NOTICE OF SHAREHOLDER MEETING TO BE HELD ON 31.12.2025
Awaiting price reaction for this filing.
LS Industries Limited has called its 31st AGM on 31 December 2025 at its Nalagarh (Himachal Pradesh) registered office. Key agenda items include adoption of FY25 audited financial statements, regularization and appointment of Mr. Nipun Goyal (DIN:02853571) as Managing Director for 3 years from 1 July 2025, and regularization of Mr. Naveen Kumar Gupta as Executive Director. Two new Independent Directors — Mr. Peeyush Sethia and Ms. Richa Arora — are proposed for 5-year terms starting 10 September 2025. The company is also seeking shareholder approval to change its name from 'LS Industries Limited' to 'Robochef AI Tech Limited', signaling a strategic rebrand. M/s. Bhakoo & Co., Chartered Accountants, has been appointed as Statutory Auditor to fill the casual vacancy caused by the resignation of the previous auditor, M/s. Sangeet Kumar & Associates. Additionally, M/s. Sudhakar & Co. is proposed as Secretarial Auditor for 5 years, and the board seeks approval to give loans or guarantees up to Rs. 26 crore.
The proposed name change to 'Robochef AI Tech Limited' points to a major business pivot toward AI/robotics, which may be viewed positively if backed by a clear strategy. Shareholders should note the mid-term auditor change, broad board reshuffle, and the new Rs. 26 crore loan/investment limit being sought, which could expand related-party or strategic transactions.