Outcome of Board Meeting held on 07-10-2025 for issue of Postal Ballot Notice for increase in authorized share capital and matter related there to. Appointment of Company Secretary cum ....
Awaiting price reaction for this filing.
Lords Mark India's board, meeting on 7 October 2025, approved raising the company's authorised share capital from Rs. 190 crore (19 crore equity shares of Rs. 10 each) to Rs. 800 crore (80 crore equity shares of Rs. 10 each), a more than 4-fold increase. Shareholders will vote on this through a postal ballot and e-voting between 10 October and 8 November 2025, with results expected by 10 November 2025. The board also appointed Ms. Geeta Serwani as scrutinizer for the postal ballot process. Additionally, Ms. Bhavini Chandani was appointed as the new Company Secretary & Compliance Officer with effect from 7 October 2025, replacing the previous incumbent. The company is formerly known as Kratos Energy & Infrastructure Limited.
The sharp increase in authorised share capital gives the company significant room to issue new equity in the future, which could lead to dilution for existing shareholders if those shares are eventually issued. The Company Secretary appointment is a routine compliance update and has no direct bearing on stock price.