Meeting Information

Event: 45th Annual General Meeting

Date: Friday, July 31, 2026

Time: 09:45 AM IST

Venue: Nani Kalai Arangam, Mani Higher Secondary School, Pappanaickenpalayam, Coimbatore – 641037, Tamil Nadu

Record Date: July 24, 2026

Book Closure: July 25, 2026 to July 31, 2026 (both days inclusive)

Ordinary Business

1. Adoption of Financial Statements

To consider and adopt Annual Financial Statements including Statement of Profit and Loss, Cash Flow Statement and Statement of changes in equity for the financial year ended March 31, 2026, Balance Sheet as on that date, Report of Board of Directors and the Auditor's Report thereon.

2. Dividend Declaration

To declare dividend for the financial year ended March 31, 2026.

  • Dividend record date: July 24, 2026
  • Dividend payment will be made only through electronic mode as mandated by SEBI
  • Unclaimed dividends for financial years 2018-2019 to 2024-2025 may be transferred to IEPF

3. Director Re-appointment

To appoint Sri. D. Senthilkumar (DIN: 00006172), who retires by rotation and being eligible, offers himself for re-appointment.

  • Date of Birth: December 02, 1967
  • Date of Initial Appointment: March 22, 1997
  • Current Shareholding: 100 shares (4.11% as beneficial owner)
  • Board Position: Non-executive non-independent Director
  • Remuneration for FY 2025-26: Only sitting fees
  • Board Meetings Attended: 5 out of 5

4. Statutory Auditor Appointment

To appoint M/s. NRD Associates, Chartered Accountants (Firm Registration No. 005662S) as Statutory Auditors for 5 consecutive years from FY 2026-2027 to 2030-2031, replacing M/s. Subbachar & Srinivasan (Firm Registration No. 004083S) who complete their second term.

  • Proposed fee for FY 2026-27: ₹3,50,000/-
  • Remuneration for remaining years to be decided by Board
  • Firm has 30+ years experience, 3 CA partners, and 3 employed CAs

Special Business

5. Cost Auditor Remuneration Ratification

To ratify remuneration of ₹40,000/- plus applicable taxes and out-of-pocket expenses for Sri. S. Subbaraman, Proprietor of S. Subbaraman & Associates (Firm Registration No: 100526) as Cost Auditor for FY 2026-2027.

6. Material Related Party Transaction with LMW Limited

To approve material related party transactions with LMW Limited (formerly Lakshmi Machine Works Limited) for amount not exceeding ₹450 Crores from conclusion of AGM till next AGM.

Transaction Details:

  • Nature: Purchase and sale of goods, rendering/receiving services
  • FY 2025-2026 actual transactions: ₹204.86 Crores (Purchase: ₹10.91 Cr, Sale: ₹193.95 Cr)
  • Value as % of company's consolidated turnover: 189.41%
  • Value as % of related party's turnover: 15.47%
  • Year-wise breakup: FY 2026-2027 - ₹275 Cr, FY 2027-2028 - ₹175 Cr (fungible)
  • Basis: Arms' length, cost plus margin
  • Trade advance: Up to ₹2 Crores for 3 months

7. Material Related Party Transaction with Lakshmi Precision Technologies Limited

To approve material related party transactions with Lakshmi Precision Technologies Limited for amount not exceeding ₹100 Crores from conclusion of AGM till next AGM.

Transaction Details:

  • Nature: Purchase and sale of goods, rendering/receiving services
  • FY 2025-2026 actual transactions: ₹9.23 Crores (Purchase: ₹8.67 Cr, Sale: ₹0.15 Cr, Rendering services: ₹0.36 Cr, Receiving services: ₹0.04 Cr)
  • Value as % of company's consolidated turnover: 42.09%
  • Value as % of related party's turnover: 103.06%
  • Year-wise breakup: FY 2026-2027 - ₹60 Cr, FY 2027-2028 - ₹40 Cr (fungible)
  • Basis: Arms' length, cost plus margin

8. Amendment of Articles of Association

To amend Article 84 via special resolution to clarify Board's power to appoint Chairman, Vice Chairman, Managing Director, Joint Managing Director or Whole Time Director, and their remuneration approval process.

Voting Information

Remote e-Voting Period: July 28, 2026 (9:00 AM IST) to July 30, 2026 (5:00 PM IST)

Scrutinizer: Sri. B. Krishnamoorthi, Chartered Accountant (alternate: Smt. V. Indira)

Voting Agency: NSDL

Cut-off Date: July 24, 2026

Dividend Payment Details

  • Dividend will be paid to shareholders registered as of July 24, 2026
  • Physical shareholders must update PAN, bank details, and KYC with RTA MUFG Intime India Private Limited
  • TDS will be applicable as per Income Tax Act, 2025
  • Resident individuals can submit Form No. 121 for non-deduction if eligible

Investor Services Information

  • RTA: MUFG Intime India Private Limited (formerly Link Intime India Private Limited)
  • Address: "Surya" 35, Mayflower Avenue, Behind Senthil Nagar, Sowripalayam Road, Coimbatore – 641028
  • Self-service portal: 'SWAYAM' at https://swayam.in.mpms.mufg.com/
  • SMART ODR Portal: https://smartodr.in/login for dispute resolution

Document Availability

  • Notice and Annual Report available on company website: www.lecsindia.com
  • Also available on BSE website: www.bseindia.com
  • Physical copies available on request