Key Dates

  • Cut-off Date: November 5, 2026 (for email communication), November 6, 2026 (for voting eligibility)
  • E-voting Period: November 14, 2026 (9:00 AM IST) to December 13, 2026 (5:00 PM IST)
  • Results Declaration: Within two working days after December 13, 2026
  • Effective Date for Appointments: January 20, 2027

Resolutions for Shareholder Approval

Subject 1: Appointment of Vedhanth Senthilkumar as Whole-time Director

  • Resolution Type: Special Resolution
  • Director DIN: 08207030
  • Term: 2 years (January 20, 2027 to January 19, 2029)
  • Remuneration:
  • Salary: ₹4,20,000 per month
  • Additional perquisites limited to amount equal to annual salary
  • Includes HRA, LTA, medical reimbursement, club fees, medical insurance
  • Provident Fund contributions (non-taxable portion)
  • Gratuity as per company rules
  • Leave encashment at end of tenure
  • Special Conditions: Remuneration payable even in case of loss/inadequacy of profits as minimum remuneration
  • Related Parties: Related to Smt. Nethra J S Kumar (Chairperson & MD) and Sri. D. Senthilkumar (Director)

Subject 2: Appointment of Thiagarajan Arumugam as Non-Independent Director

  • Resolution Type: Ordinary Resolution
  • Director DIN: 01019874
  • Effective Date: January 20, 2027
  • Qualifications: Cost Accountant with 32 years experience in finance
  • Current Position: Chief Financial Officer of the company

Subject 3: Appointment of Thiagarajan Arumugam as Whole-time Director (Finance)

  • Resolution Type: Special Resolution
  • Term: 5 years (January 20, 2027 to January 19, 2032)
  • Remuneration (First 3 years):
  • Basic Salary: ₹1,96,514 per month
  • Other Allowance: ₹38,690 per month
  • Special Allowance: ₹1,95,252 per month
  • Total Fixed: ₹4,30,456 per month
  • Performance Linked Variable Pay: Up to ₹10,20,000 per annum
  • Leave Travel Assistance: 8.33% of basic salary
  • Rent-free accommodation
  • Medical benefits as per company rules
  • Provident Fund contributions (non-taxable portion)
  • Gratuity as per company rules
  • Leave encashment at end of tenure
  • Remuneration for remaining 2 years: Subject to future shareholder approval

Voting Arrangements

  • E-voting Service Provider: National Securities Depository Limited (NSDL)
  • Scrutinizer: M.D. Selvaraj, Managing Partner of M/s. MDS & Associates LLP
  • Communication Method: Email only to registered shareholders
  • No physical copies of ballot notice or forms will be sent

Company Financial Performance (Relevant for Remuneration Approval)

| Particulars | 2025-26 (₹ lakhs) | 2024-25 (₹ lakhs) |

| Sales & other income | 24,246.98 | 21,785.22 |

| Profit before tax | 143.48 | 574.76 |

| Profit after tax | 118.70 | 347.23 |

| Paid-up equity capital | 245.80 | 245.80 |

| Reserves and Surplus | 15,408.22 | 15,409.88 |

| Basic EPS | 4.83 | 14.12 |

Director Background Information

Vedhanth Senthilkumar

  • Age: 29 years (DOB: December 11, 1996)
  • Qualifications: B.Eng. (Manufacturing and Mechanical Engineering), MBA (London Business School)
  • Experience: TVS Group, Tata Motors, LMW Limited
  • Current Directorships: 6 companies including Lakshmi Electrical Drives Private Limited, Lakshmi Precision Technologies Limited
  • Current Shareholding: 26,195 equity shares in Lakshmi Electrical Control Systems
  • 2025-26 Compensation: ₹1,00,000 sitting fees (no other remuneration)

Thiagarajan Arumugam

  • Age: 56 years (DOB: December 7, 1969)
  • Qualifications: M.Com, ACMA (Cost Accountant)
  • Experience: 32 years in accounts, finance, costing, supply chain management
  • Current Position: Chief Financial Officer since January 31, 2018
  • 2025-26 Compensation: ₹47.36 lakhs as CFO
  • Shareholding: None in the company