Submission of Annual Report for Financial Year 2024-2025 and Intimation of 45th Annual General Meeting to be held on 30th Sep 2025 at 11.30 AM through Audio Visual Mode
Awaiting price reaction for this filing.
Lords Mark Industries Ltd has submitted its 45th Annual Report for FY 2024-25 and announced that its 45th AGM will be held on Tuesday, 30th September 2025 at 11:30 AM via Video Conferencing/OAVM. Shareholders will vote on ordinary items including adoption of FY25 financial statements and reappointment of Mr. Rajesh Pawar (Whole Time Director) who retires by rotation. Special business includes reappointment of M/s H.G. Sarvaiya & Co. as Statutory Auditors for a second 5-year term (till 50th AGM in 2030), appointment of M/s BKP & Associates as Secretarial Auditor for FY 2025-26 to FY 2029-30, and appointment of Mr. Sachidanand Upadhyay as Managing Director and Messrs Vinay Sarda and Manav Teli as Executive Directors, each for a 5-year term starting 10th July 2025. E-voting window runs from 25th to 29th September 2025, with cut-off date of 22nd September 2025.
Routine AGM filing with no headline financial action like dividend or fundraising; however, shareholders will be voting on a significant board restructuring (new MD and two Executive Directors) and a second 5-year term for the statutory auditor, which signals leadership consolidation. Compliance filing itself is neutral to mildly positive as it confirms timely reporting and corporate governance continuity.