Key Resolution

Item No. 1: Approval for amendment of the Objects Clause of the Memorandum of Association of the Company.

The company seeks shareholder approval via special resolution to amend Clause III(a) of its Memorandum of Association by inserting six new sub-clauses (28 to 33) to expand its business objects into new areas:

  • Sub-clause 28: Pharmaceuticals, medicines, biologicals including biosimilars and API, cosmetics, toiletries, medical devices, and nutraceuticals
  • Sub-clause 29: Chemical products, polymers, agrochemicals, advanced materials, industrial and consumer materials
  • Sub-clause 30: Electric, hybrid, and clean energy vehicles, energy storage systems, battery technologies, and charging infrastructure
  • Sub-clause 31: Electronic, electrical, and digital products including consumer electronics, telecommunications, computing hardware, and semiconductors
  • Sub-clause 32: Power and energy generation, transmission, distribution, and trading from conventional and renewable sources
  • Sub-clause 33: Industrial and consumer robotics, drones, automation systems, and software applications including AI/ML

Voting Details

  • Cut-off Date: Friday, 7th August 2026 (Shareholders of record on this date are eligible to vote)
  • E-voting Period: Wednesday, 12th August 2026 at 9:00 AM IST to Thursday, 10th September 2026 at 5:00 PM IST
  • E-voting Service Provider: National Securities Depository Limited (NSDL) through www.evoting.nsdl.com
  • Scrutinizer: M. D. Selvaraj, FCS, Managing Partner of M/s. MDS & Associates LLP
  • Result Declaration: Within two working days from conclusion of e-voting (by 12th September 2026)

Distribution Method

The Postal Ballot Notice is being sent only by email to all members whose email addresses are registered with the Company/RTA/Depositories. No hard copies with Postal Ballot Forms and pre-paid business envelopes will be sent.

Rationale for Amendment

The Board of Directors considers it appropriate to expand the scope of objects to pursue businesses relating to Pharmaceuticals and Life Sciences, Specialty Chemicals and Advanced Materials, Electric Vehicles and Mobility, Renewable Energy, Electronics Manufacturing, and Robotics and Automation due to evolving business environment and technological advancements.

Regulatory Requirements

The amendment requires approval by special resolution of members and subsequent approval from the Registrar of Companies, Ministry of Corporate Affairs.

Document Availability

The Notice and explanatory statement are available on the company's website (www.lmwglobal.com) and NSDL's website (www.evoting.nsdl.com). The existing Memorandum of Association with proposed amendments is available for inspection at the Registered Office between 10:00 AM to 12:00 Noon IST on working days.

Registrar & Share Transfer Agent

M/s. MUFG Intime India Private Limited (Formerly Link Intime India Private Limited)

Company Contact

Sri C R Shivkumaran, Company Secretary

Financial Impact

Not quantified in the disclosure. The amendment represents a strategic diversification initiative without specified financial commitments.

Capital Structure Impact

No immediate impact on share capital or capital structure disclosed.