Meeting Details

  • Date: Thursday, 09th July, 2026
  • Time: 11:00 AM to 11:32 AM (IST)
  • Location: Conducted through Video Conferencing (VC) / Other Audio-Visual Means (OAVM)
  • Deemed Venue: Registered Office at A2, 2nd Floor, Madhu Estate, Pandurang Budhkar Marg, Lower Parel, Mumbai 400013, Maharashtra, India
  • Type of Meeting: 40th Annual General Meeting
  • Attendance: 77 (seventy-seven) Members attended through VC/OAVM

Attendees

Directors & Key Managerial Personnel Present:

  • Mr. Babulal Agarwal - Executive Director, Chairman & Managing Director
  • Mr. Rajesh R. Gupta - Executive Director and Chairman of Risk Management Committee
  • Mr. Vikram Shah - Non-Executive Independent Director and Chairman of Audit Committee, Nomination and Remuneration Committee, and Corporate Social Responsibility Committee
  • Mr. Jagannath P. Dange - Non-Executive Independent Director and Chairman of Stakeholders' Relationship Committee
  • Ms. Mohinder Anand - Non-Executive Independent Director
  • Mr. Sandeep Suhas Aole - Non-Executive Independent Director
  • Mr. Manesh Cherian - Non-Executive Non-Independent Director
  • Mr. Satish Kumar Gupta - Non-Executive Independent Director
  • Mr. Viresh Sohoni - Chief Financial Officer
  • Ms. Pranjal Mahapure - Company Secretary and Compliance Officer

Other Invitees Present:

  • Representatives of M/s. Todarwal & Todarwal LLP, Statutory Auditor
  • Representatives of M/s. Mitesh J Shah & Associates, Secretarial Auditor
  • Scrutinizer for remote e-voting
  • Representatives of M/s. Bigshare Services Private Limited, Registrar and Share Transfer Agent

Resolutions Considered

The following 14 resolutions were proposed for voting:

ORDINARY BUSINESS:

1. To receive, consider and adopt the audited standalone financial statement for FY ended 31st March, 2026 with reports of Board of Directors and Auditors (Ordinary Resolution)

2. To receive, consider and adopt the audited consolidated financial statement for FY ended 31st March, 2026 with report of Auditors (Ordinary Resolution)

3. To appoint Mr. Babulal Agarwal (DIN: 00029389) as a Managing Director liable to retire by rotation (Ordinary Resolution)

4. Declaration of Final Dividend for Financial Year ended 31st March, 2026 (Ordinary Resolution)

5. To appoint M/s. V. K. Beswal & Associates, Chartered Accountants (Firm Registration No. 101083W) as Statutory Auditors (Ordinary Resolution)

SPECIAL BUSINESS:

6. Re-appointment of Mr. Sandeep Suhas Aole (DIN: 01786387) as Non-Executive Independent Director (Special Resolution)

7. To approve revision of Remuneration of Mr. Babulal Agarwal (DIN: 00029389), Chairman & Managing Director (Special Resolution)

8. To approve Material Related Party Transactions with Lloyds Engineering Works Limited (Ordinary Resolution)

9. To approve Material Related Party Transactions with Lloyds Metals and Energy Limited (Ordinary Resolution)

10. To approve Material Related Party Transactions with Lloyds Realty Developers Limited (Ordinary Resolution)

11. To approve Material Related Party Transactions with Indrajit Properties Private Limited (Ordinary Resolution)

12. To approve Material Related Party Transactions with Lloyds Infrastructure & Construction Limited (Ordinary Resolution)

13. To approve Material Related Party Transactions with Lloyds Realty Limited (Ordinary Resolution)

14. To approve Material Related Party Transactions with Simon Developers & Infrastructure Private Limited (Ordinary Resolution)

Voting Process

  • Remote E-Voting Period: Saturday, 04th July, 2026 (9:00 AM IST) to Wednesday, 08th July, 2026 (5:00 PM IST)
  • E-Voting During Meeting: Facility provided during AGM and 15 minutes after conclusion for members who attended through VC/OAVM and had not cast votes earlier
  • Scrutinizer: M/s. Mitesh Shah & Co., Company Secretaries appointed to report on voting results
  • Voting Method: No voting by show of hands; all resolutions put to vote through remote e-voting
  • Proxy Appointments: Not allowed for this virtual AGM

Key Proceedings

  • The meeting was chaired by Mr. Babulal Agarwal, Chairman & Managing Director
  • The Chairman reviewed the company's financial performance, key developments, and future prospects
  • A question and answer session was conducted where registered speakers could pose queries to management
  • The CFO, Mr. Viresh Sohoni, responded to member queries based on readily available information
  • The Company Secretary explained the voting process to members

Compliance Information

  • The meeting adhered to Circulars issued by Ministry of Corporate Affairs (MCA) and SEBI
  • The results of remote e-voting and e-voting at AGM will be declared on Stock Exchanges and Company website & NSDL
  • The disclosure is being submitted to BSE Limited (Scrip Code: 512463) and National Stock Exchange of India Limited (NSE Symbol: LLOYDSENT)