AGM Details

The 42nd Annual General Meeting of M/s. M Lakhamsi Industries Limited is scheduled to be held on Thursday, 24th September, 2026 at 12:00 P.M. (IST) through Video Conferencing ('VC')/Other Audio-Visual Means ('OAVM').

Business to be Transacted

Ordinary Business:

1. Item 1: To receive, consider and adopt the Audited Standalone Financial Statements for FY ended March 31, 2026 and Reports of Board of Directors and Auditors

2. Item 2: To receive, consider and adopt the Audited Consolidated Financial Statements for FY ended March 31, 2026 and Report of Auditors

3. Item 3: To declare Final Dividend of ₹0.10 per equity share (1% of face value ₹10) for FY ended March 31, 2026

4. Item 4: To propose reappointment of Mr. Nilesh Damjibhai Vira (DIN: 00429203) who retires by rotation

Special Business:

5. Item 5: To consider and approve reappointment of Ms. Smita Mayur Parekh (DIN: 02823232) as Independent Director for second term (27th July 2026 to 26th July 2031)

6. Item 6: To consider and approve reappointment of Mr. Kunaal Himanshu Yoddha (DIN: 09267303) as Independent Director for second term (7th September 2026 to 6th September 2031)

Dividend Details

  • Final Dividend: ₹0.10 per equity share (1%)
  • Record Date: Friday, 11th September, 2026
  • Payment: Electronically through permissible banking channels (NECS, NEFT, RTGS, Direct Credit)
  • TDS will be deducted at applicable rates
  • Interim dividend of ₹0.10 per share was already paid during the year (declared 14th November 2025, record date 21st November 2025)

Financial Performance Highlights

Standalone Financials (Amounts in ₹ Lakhs):
  • Total Revenue: ₹9,905.78 (FY25: ₹11,016.69)
  • Total Expenses: ₹9,799.68 (FY25: ₹10,917.68)
  • Profit Before Tax: ₹106.10 (FY25: ₹99.02)
  • Tax Expense: ₹35.55 (FY25: ₹25.36)
  • Net Profit: ₹70.55 (FY25: ₹73.65)
  • EPS: ₹1.19 (FY25: ₹1.24)
Consolidated Financials (Amounts in ₹ Lakhs):
  • Total Revenue: ₹11,622.30 (FY25: ₹12,129.46)
  • Total Expenses: ₹11,514.60 (FY25: ₹12,042.09)
  • Profit Before Tax: ₹107.71 (FY25: ₹87.38)
  • Tax Expense: ₹35.55 (FY25: ₹25.36)
  • Net Profit: ₹72.16 (FY25: ₹62.02)
  • EPS: ₹1.16 (FY25: ₹1.00)

Capital Structure

  • Authorized Share Capital: ₹7,00,00,000 (70,00,000 equity shares of ₹10 each)
  • Issued, Subscribed and Paid-up Capital: ₹5,96,56,870 (59,65,687 equity shares of ₹10 each)
  • No change in authorized capital during FY26
  • No sweat equity shares or shares with differential rights issued

Subsidiaries

The company has 2 direct subsidiaries:

1. Lakhamsi FZE (incorporated 30/05/2023)

2. Prince Industries Pvt. Ltd. (incorporated 21/05/2003)

Board of Directors:
  • Mr. Sanjiv Mulchand Sawla (Managing Director, DIN: 02045968)
  • Ms. Mallika Sanjiv Sawla (Non-Executive Director & CFO, DIN: 01943285)
  • Mr. Nilesh Damjibhai Vira (Executive Director, DIN: 00429203)
  • Ms. Smita Mayur Parekh (Non-Executive Independent Director, DIN: 02823232)
  • Mr. Kunaal Himanshu Yoddha (Non-Executive Independent Director, DIN: 09267303)
Key Managerial Personnel:
  • Ms. Yukti Goel (Company Secretary and Compliance Officer, appointed w.e.f. 03.08.2026)
  • Ms. Kanika Singhal (Company Secretary and Compliance Officer, resigned w.e.f. 30.06.2026)
Auditors:
  • Statutory Auditors: M/s. TDK & Co. (Chartered Accountants, FRN: 109804W)
  • Secretarial Auditors: M/s Amit Saxena & Associates (Company Secretaries, Unique Code: S2012DE199500)
  • Internal Auditor: M/s Rajen T. Gala & Co. (Chartered Accountant, FRN: 121577W)
Other Information:
  • Banker: Union Bank of India
  • Registrar & Share Transfer Agent: MUFG Intime India Private Limited
  • Listed at: Bombay Stock Exchange

Voting Arrangements

  • Remote e-voting period: Monday, 21st September 2026 (9:00 A.M.) to Wednesday, 23rd September 2026 (5:00 P.M.)
  • E-voting service provider: CDSL
  • Cut-off date for voting eligibility: Thursday, 17th September 2026
  • Scrutinizer: M/s Amit Saxena & Associates

Record Dates

  • Register of Members and Share Transfer Books will remain closed from Friday, 18th September 2026 to Thursday, 24th September 2026 (both days inclusive)
  • Record Date for Final Dividend: Friday, 11th September 2026

Related Party Transactions

Significant transactions with related parties during FY26:

  • Loan given to Sanjiv Mulchand Sawla: ₹49,06,190
  • Loan repaid by Sanjiv Mulchand Sawla: ₹1,07,74,192
  • Sales to S M International: ₹5,36,59,200
  • Purchases from S M International: ₹7,37,36,807
  • Loan given to S M International: ₹8,63,59,525
  • Loan repaid by S M International: ₹8,62,45,789
  • Reimbursement of Expenses to S M International: ₹1,30,55,000
  • Investment in Prince Industries Pvt Ltd: ₹3,16,00,000

Foreign Exchange Transactions

  • Foreign Exchange Earned: ₹55,89,36,642
  • Foreign Exchange Outgo: ₹40,39,168

Auditor's Reports

Both Statutory Auditors and Secretarial Auditors have provided reports without any qualifications, reservations, or adverse remarks.

Compliance Status

  • No material orders passed by regulators/courts impacting going concern status
  • No fraud reported by auditors under Section 143(12) of Companies Act, 2013
  • No deposits accepted during the year
  • No buyback of shares undertaken
  • No ESOPs issued during the year