Meeting Details
- Date: Wednesday, 30th September, 2026
- Time: 4:30 P.M. (IST)
- Location: Through Video Conferencing (VC) / Other Audio Video Means (OAVM)
- Type: 18th Annual General Meeting
- Deemed Venue: Registered Office of the Company (Survey No. 800, Opp. Lakhdhirpur Village Lakhdhirpur Road, N. H. 8-A, Tal. Morbi, Rajkot, Gujarat, India – 363 642)
Proposed Resolutions and Implications
Ordinary Business:
1. To receive, consider and adopt the Audited Financial Statements of the Company for the financial year ended 31st March, 2026 together with reports of Directors and Auditors
2. To appoint Mr. Hitesh Babulal Detroja (DIN: 02760273) as Director who is retiring by rotation
Special Business:
3. Appointment of M/s. Jay Pandya & Associates, Practicing Company Secretaries, Ahmedabad (FRN: S2024GJ963300) as Secretarial Auditor for a period of five years commencing from FY 2026-27 until FY 2030-31
Voting Process and Methods
- Remote e-voting period: Sunday, 27th September, 2026 at 9:00 A.M. to Tuesday, 29th September, 2026 at 5:00 P.M.
- E-voting provider: National Securities Depository Limited (NSDL)
- Cut-off date: Wednesday, 23rd September, 2026
- Voting methods: Remote e-voting and e-voting during AGM
- Physical attendance dispensed with pursuant to MCA Circulars
Key Financial Highlights from Annual Report
Financial Performance (Amount in Lakhs):
| Particulars | FY 2025-26 | FY 2024-25 |
| Total Revenue from Operations | ₹6,187.56 | ₹7,525.03 |
| Profit Before Tax | ₹90.04 | (₹547.08) |
| Net Profit After Tax | ₹104.17 | (₹503.14) |
| Earnings Per Share (Basic) | ₹0.51 | (₹2.49) |
| Earnings Per Share (Diluted) | ₹0.36 | (₹2.49) |
Share Capital:
- Authorized Share Capital: ₹22,00,00,000 divided into 2,20,00,000 Equity Shares of ₹10/- each
- Paid-up Share Capital: Increased from ₹20,19,07,240 to ₹20,79,07,240 through preferential allotment of 6,00,000 equity shares
Capital Activities:
- Allotment of 3,00,000 equity shares on preferential basis on 18th November, 2025 at ₹45.20 per share
- Allotment of 3,00,000 equity shares on preferential basis on 27th February, 2026 at ₹45.20 per share
- Outstanding convertible warrants: 89,04,424 as on date of report
Scrutinizer Appointment and Role
Mr. Jitendra Parmar, Proprietor of M/s. Jitendra Parmar & Associates, Practicing Company Secretary, has been appointed as Scrutinizer to scrutinize the remote voting and e-voting process in fair and transparent manner. The Scrutinizer will submit his consolidated report to the Chairman after completion of scrutiny.
Compliance with Laws and Regulations
The Company confirms compliance with applicable provisions of:
- Companies Act, 2013
- SEBI (Listing Obligations and Disclosure Requirements) Regulations, 2015
- MCA Circular No. 09/2024 dated September 19, 2024
- SEBI Circular No. SEBI/HO/CFD/CFDPoD-2/P/CIR/2024/133 dated October 3, 2024
Additional Information
- Register of Members and Share Transfer Books will remain closed from 23rd September, 2026 to 30th September, 2026 (both days inclusive)
- No dividend recommended for Financial Year 2025-26
- The Company's shares are under compulsory demat form with 100% shares in dematerialized mode
- Results will be announced and communicated to the Stock Exchange along with Scrutinizer's Report
- Email IDs for investor grievances: cs@lexustile.com and info@accuratesecurities.com