Meeting Details
The 18th Annual General Meeting was held on Wednesday, 09th September, 2026 from 02:00 PM to 02:28 PM through VC/OAVM (Other Audio Visual Means). Mr. Arvind Gupta, Managing Director of the Company, chaired the meeting. The requisite quorum was confirmed present.
Ordinary Business Resolutions
1. Adoption of audited standalone financial statements for the financial year ended March 31, 2026, together with Reports of the Board of Directors and Auditors thereon.
2. Adoption of audited consolidated financial statements for the financial year ended March 31, 2026 and Report of the Auditors thereon.
3. Re-appointment of Mrs. Usha Gupta (DIN: 02261425) who retires by rotation and offered herself for re-appointment.
Special Business Resolutions
4. Increase in authorised capital and alteration of capital clause of memorandum of association.
5. Issue of equity shares for consideration other than cash through preferential issue, pursuant to the proposed acquisition of Ricardo Elevators Private Limited by way of a share swap.
6. Increase the Borrowing limits of the board pursuant to section 180(1)(c) of Companies Act, 2013.
7. Empower the board for sale, lease, or other disposal of the whole or substantially the whole of the undertaking of the company, both present and future under section 180(1)(a) and other applicable provisions.
Voting Process
Mr. Himanshu Gupta of Himanshu S K Gupta & Associates, Practicing Company Secretaries was appointed as Scrutinizer for scrutinizing the e-voting process. The result of the voting will be announced within 48 hours from the conclusion of the meeting and uploaded on the company's website (https://www.ltelevator.com/page/general-meeting) and BSE Limited's website.