Meeting Details

  • Date: Friday, July 17, 2026
  • Time: 11:00 A.M.
  • Mode: Video Conferencing (VC) or Other Audio Visual Means (OAVM)
  • Cut-off date for voting rights: July 10, 2026
  • Remote e-voting period: July 14, 2026 (9:00 AM) to July 16, 2026 (5:00 PM)

Ordinary Business

Item 1: Adoption of Financial Statements

To receive, consider and adopt the Audited Financial Statements of the company for the financial year ended March 31, 2026 together with the report of the Board of Directors & Auditors thereon.

Item 2: Re-appointment of Director

To appoint Mr. Rakesh Govindprasad Sarawagi (DIN: 00005665), Executive Director, who retires by rotation under section 152(6) of the Companies Act, 2013 and is eligible for re-appointment.

Director Details:

  • Date of Birth: October 20, 1976 (49 years)
  • Qualification: Bachelor of Commerce
  • Expertise: Finance, Administration and Manpower Management
  • Experience: 28 years
  • Original appointment date: February 7, 2012
  • Board meetings attended in FY 2025-24: 10 meetings
  • Relationships: Brother of Mr. Sanjaykumar Govindprasad Sarawagi & Mr. Manoj Govindprasad Sarawagi - Directors of the company
  • Remuneration: Last drawn - NIL, Proposed - NIL
  • Other directorships: Only Laxmipati Engineering Works Limited (Director and Member of Audit Committee)

Special Business

Item 3: Enhancement in Borrowing Limits

To consider and approve enhancement in borrowing limits of the Company under section 180(1)(c) of the Companies Act, 2013.

Financial Details:

  • Current borrowing limit: ₹100 crores (approved December 21, 2013)
  • Proposed borrowing limit: ₹200 crores (over and above aggregate of paid-up capital and free reserves)
  • Purpose: Growing operational requirements, working capital needs, capital expenditure, and other general corporate purposes

Resolution Details: The Board seeks authorization to borrow any sum of money which together with monies already borrowed (excluding temporary loans from bankers) shall not exceed ₹200 crores.

Interest Disclosure: None of the Directors or Key Managerial Personnel or their relatives are concerned or interested in this resolution except to the extent of their shareholding.

Voting Arrangements

  • E-voting agency: Central Depository Services (India) Limited (CDSL)
  • Scrutinizer: Shri Ranjit Binod Kejriwal, Practicing Company Secretary
  • Voting methods: Remote e-voting (July 14-16, 2026) and e-voting during AGM
  • Result declaration: Within 2 working days of AGM conclusion
  • Facility: Available for at least 1000 members on first-come-first-served basis (exceptions for large shareholders, promoters, institutional investors, directors, KMPs, committee chairpersons, auditors)

Shareholder Information

  • Tel: 0261-2894415
  • Registrar & Transfer Agent: Bigshare Services Private Limited, Mumbai
  • Equity shares: Under compulsory demat trading

Additional Notes

  • Explanatory Statement provided pursuant to Section 102 of Companies Act, 2013 and Regulation 36 of SEBI LODR
  • Documents available for inspection at registered office during business hours (10:00 AM to 4:00 PM) on working days until AGM date
  • Shareholders can send queries to cs@laxmipatiengineering.com by July 16, 2026
  • Those wishing to speak at AGM must register 2 days in advance