Event Details
Document Type: Notice of Annual General Meeting
AGM Date: Monday, August 10, 2026
AGM Time: 10:15 AM
Meeting Mode: Video Conferencing (VC) / Other Audio Visual Means (OAVM)
Cut-off Date: August 3, 2026
Register Closure: August 4, 2026 to August 10, 2026 (both days inclusive)
Agenda Items
Ordinary Business
1. To receive, consider and adopt the Audited Financial Statements of the Company comprising:
- Balance Sheet as at March 31, 2026
- Statement of Profit and Loss (including other comprehensive income)
- Statement of changes in Equity
- Cash Flow Statement for the Financial Year ended March 31, 2026
- Report of the Board of Directors
- Report of the Auditors
2. To declare a Dividend for the year ended March 31, 2026
- Dividend if declared will be paid within 30 days from date of declaration
- TDS will be deducted as per Income Tax Act, 2025 provisions
- Resident individual shareholders with PAN receiving dividend exceeding ₹10,000 can submit Form No. 121 for non-deduction by August 10, 2026
- Non-resident shareholders can avail treaty benefits by submitting required documents by August 10, 2026
3. To appoint a Director in place of Sri R. Santharam (DIN: 00151333) who retires by rotation and is eligible for re-appointment
4. To appoint a Director in place of Sri N. Jayachandar (DIN: 00015091) who retires by rotation and is eligible for re-appointment
Special Business
5. Special Resolution for reappointment of Sri Pradip Roy (DIN: 09266521) as Non-Executive Independent Director
- Proposed second term of 5 consecutive years
- Term from conclusion of 52nd AGM until 57th AGM in 2031 or 5 years, whichever earlier
- Not liable to retire by rotation
Director Details
Sri R. Santharam
- DIN: 00151333
- Date of Birth: Not specified
- Date of Appointment: Not specified
- Qualifications: Not specified
- Experience: Vast experience in Textile Industry in production, personnel, finance and marketing
- Shares Held: Nil
- Board Meetings Attended (2025-26): 2
- Remuneration: Sitting fees only - ₹55,000 paid during FY 2025-26
- Other Directorships:
- The Lakshmi Mills Company Limited (Vice Chairman)
- Lakshmi Card Clothing Manufacturing Company Private Limited (Chairman & Managing Director)
- LCC Investments Private Limited (Director)
- Sri Revati Spinning Mills Limited (Director)
- R.Santharam Marketing and Services Private Limited (Director)
- Committee Memberships:
- Audit Committee: Lakshmi Engineering and Warehousing Limited (Member), The Lakshmi Mills Company Limited (Member)
- Stakeholders Relationship Committee: The Lakshmi Mills Company Limited (Chairman)
- Nomination and Remuneration Committee: Lakshmi Engineering and Warehousing Limited (Member)
- Age: Over 75 years (exempt from SEBI Listing Regulations age restriction under Regulation 15(2)(a))
Sri N. Jayachandar
- DIN: 00015091
- Date of Birth: April 8, 1961
- Date of Appointment: May 30, 1996
- Qualifications: Post Graduate in Business Administration
- Experience: 37 years in various fields of Management with textile industry expertise
- Shares Held: 185 shares
- Board Meetings Attended (2025-26): 4
- Remuneration: Sitting fees only - ₹95,000 paid during FY 2025-26
- Other Directorships: None
- Committee Memberships:
- Stakeholders Relationship Committee: Lakshmi Engineering and Warehousing Limited (Member)
Sri Pradip Roy
- DIN: 09266521
- Date of Birth: January 10, 1969
- Date of Initial Appointment: August 11, 2021 (approved by shareholders September 16, 2021)
- Current Term Expiry: August 10, 2026
- Qualifications: B.Sc. Tech (Textiles)
- Experience: 35 years in textile and textile machinery industry
- Expertise: Business management, operational management, sales and services, process management, certified assessor
- Shares Held: Nil
- Board Meetings Attended (2025-26): 4
- Remuneration: Sitting fees only - ₹95,000 paid during FY 2025-26
- Other Directorships: None
- Committee Memberships: None
Voting Arrangements
Remote E-Voting
- Service Provider: National Securities Depository Limited (NSDL)
- Voting Period: August 7, 2026 (9:00 AM) to August 9, 2026 (5:00 PM)
- Scrutinizer: Sri B. Krishnamoorthi, Chartered Accountant (Membership No. 20439)
- Results: Available on company website www.lakshmiew.com and NSDL website
E-Voting During AGM
- Available only for members who have not voted remotely
- Members who voted remotely can attend but cannot vote again
Virtual Meeting Access
- VC/OAVM facility through NSDL e-voting system
- Opens 30 minutes before meeting time
- Members must register as speakers by August 3, 2026 to ask questions
Shareholder Services
- RTA: MUFG Intime India Pvt. Ltd.
- Self-service portal: 'SWAYAM' at https://swayam.in.mpms.mufg.com
- Physical share transfers restricted since April 1, 2019
- Only dematerialized shares issued since January 25, 2022
- KYC details mandatory for dividend payments from April 1, 2024
- Special window for re-lodgement of pre-April 2019 transfer deeds extended until February 4, 2027
Financial Information
- No unpaid/unclaimed dividend amounts for transfer to IEPF
- Sitting fees paid to directors: R. Santharam (₹55,000), N. Jayachandar (₹95,000), Pradip Roy (₹95,000) for FY 2025-26